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ORDINANCE ?vO. P217
N ORDINANCE AUTHORIZI's THE MAYOR uc� :D 0.� PU?3LIC l�F { nzI IS
E TN:E CITY CJ' LITTLE 7,OC K TO EX'�"CUT � A LE'AS� CERTAIN
ROPERTY T 71-1E LAr9- ?K CO 1TI ANY, _1 �0 F070 OTHER PURPO SEs
E IT 0 LDAI NED EY " : CITY C0U lCIL 0', i, :E CI'-f 0� LITTL'� 1.:OCK
s q D-CTICN.l.' "ne ayor and oard of Public Iffairs of the City
of Little __ock are hiereby authorized, empo-�jeyed and directed to enter
Tinto a lease i iin t e a_zark Jompany - ,Hereby the City .,Jill lease to
the said Lamark Company a strip of land in the "ity of Little ock
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(bounded on the -gout 'o.' by the right -of -way of t17e railroad and on the
East by the `. 'Jest line of Louisiana Street, extending, and on the -, 'Jest
ilb, a line sixty (60) feet west of and parallel with said viest line of
,Louisiana street, and extending to the z1rkansas --.i ver on the <o rth.
Said lease to be for a term of Twenty -rive (25) years from the date
hereof at an annual rental of One ')ollars (`11.00) Her year with the
' ~ - -- +It :t reserved. a - t`aa i ty to cQncel and ter: ins to said lease G °<<renever
,the City shall deem it necessary.
SECT IOiv 2. hereas, by the enterin-; of said lease t:- e -'i ty
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a,yF be relieved of the expenses o_ leas in and keeoing said -property
,'.clean and in repair an emergency is hereby declared to exist and this
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!!Ordinar_ce is found to be necessary for the i;amediate nreservetion of t
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public peace, health and safety and the same shall be in full force
and effect from and after its passage and approval.
IN
�assed : March ' , 1 jJ
L'�tte.st
v
City '.1erk
AN- r•o V Q w .
:ay or.