Loading...
HomeMy WebLinkAbout5184k Z 0BDIINTA<< ?CE N0.5:LA4 AN ORDINANCE AUTHORIZING THE MAYOR AND BOARD OF PUBLIC AFFAIRS TO EXECUTE A LEASE ON CERTAIN F30PERTY, AND FOR OTHER PURPOSE'S ,, EREAS, a sufficient quantity of land has been offered to the City for use as a park; and, WHEREAS, by leasing such land the City can secure from the ' I Federal Government sufficient contributions to enable the City to construct without cost, to -wit, a permanent park and camping ground suitable for a transient camp; and, i i- iEREAS, it is desirable that some place removed from the business and residence district be securer where transients may be cared for, N?ova, therefore, BE IT ORDAINED 3Y THE CITY C0G'JCIL OF 'rFE CITY OF LITTLE ROCK SEC'T'ION 1. That the Mayor and Board of Public Affairs be, i1 and they hereby are, authorized to enter into a lease with the Union i Trust Coinpany, Trustee, for the lease of a certain tract of land known as the .= cCarthy -Fones tract containing approximately your Hun- dred Ninety -Seven (497) acres in Sections 14, 23, and 26, Township 1 \orth, Range 12, . est, Fulas!ci County, at an annual net rental of not to exceed One Thousand Two Hundred Fifty collars (41250.00) per year payable in advance. Said lease shall give the City the option to purchase said land at any time at a sum not to exceed Twelve Thou sand Five hundred Dollars 0.12,500.00) and sa }d lease shall provide I that any and all amounts paid by the City as rent will be credited in full on the purchase price if the City desires, at any time, to exercise its option of purchase. 1 �ECTIGPv 2. The care and housing of transients in the City of Little Rock having reached great proportions and it being neces- sary to immediately make some provision for a place -,vher e they may be cared -for an emergency is hereby declared to exist and this Cr- dinance is foun to be necessary for the immediate preservation of s IV- -2- the public peace, health and safety and the same shall be in full force and effect from and after its passage and approval. Passed; Nove«.per 26, 1934 xtte st : .gyp )roved; City Clerk M or .