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HomeMy WebLinkAbout2557 A RESOLUTION NO. 2557 A RESOLUTION GRANTING FRED I . BROWN, JR. , AND JOSEPH W. BROWN THE PRIVILEGE TO UTILIZE A CERTAIN PORTION OF THE UNOPENED DEDICATED EAST 17TH STREET IN THE CITY OF LITTLE ROCK LYING EAST OF THE CHICAGO, ROCK ISLAND & PACIFIC RAILROAD RIGHT OF WAY FOR THE PURPOSE OF CARRYING ON THE BUSINESS OF THE ARKANSAS FOUNDRY; AND FOR OTHER PURPOSES. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. Fred I. Brown, Jr. , and Joseph W. Brown are hereby granted the privilege to utilize a certain portion of the unopened dedicated East 17th Street in the City of Little Rock lying East of the Chicago, Rock Island & Pacific Railroad right-of-way for the purpose of carrying on the business of the Arkansas Foundry. Said property is more particularly de- scribed as follows: such of the East 17th Street right-of-way as lies between the East right-of-way line of the Chicago, Rock Island & Pacific Railroad Company ' s right-of-way and the West line of Lots 21 and 22, Manufacturer ' s Addition to the City of Little Rock, Arkansas, approximately 85 feet by 60 feet. SECTION 2. The Grantees, Fred I. Brown, Jr. , and Joseph W. Brown, shall pay to the City of Little Rock a privilege fee of One Dollar ($1.00) annually on the anniversary date of this Resolution as rental for said lands. SECTION 3. The City of Little Rock retains the right to revoke this franchise at any time said land is needed for public purposes and the said Fred I. Brown, Jr. , and Joseph W. Brown shall be required to remove all improvements placed thereon by them and shall be required to pay all costs attendant with the abandonment and removal of the said improvements from said area. SECTION 4. The privilege granted under this Resolution shall be considered as accepted when the Grantees hereinmentioned have accepted said privilege by officially signing a copy of said Resolution, which shall be filed with the City Clerk. SECTION 5. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: July 5, 1960 ATTES 13ee-So A APPROVED: City Clerk May iH I /L -2- ACCEPTANCE We, Fred I. Brown, Jr. , and Joseph W. Brown, do hereby accept the terms of Resolution No. 2557, granting the Arkansas Foundry Company the privilege of utilizing a certain portion of the unopened dedicated East 17th Street lying east of the Chicago, Rock Island & Pacific Railroad Right of Way. This 2 (D day of July, 1960. q ..►A L V .) _ Fre. I . Brown, Jr. Jos', W. Brown