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HomeMy WebLinkAboutOrdinance 2356 ORDINANCE NO . �3s6 AN ORDINANCE AUTHORIZING A LEASE ARID AGREEMENT BY AND BETWEEN THE CITY OF FAYETTEVILLE , ARKANSAS , AS LESSOR , AND HACKNEY BROS , BODY COMPANY , AS LESSEE , IN SUBSTANTIALLY THE FORM AND WITH THE CONTENTS SET FORTH AND MADE A PART OF THE ORDINANCE ; J AUTHORIZING THE EXECUTION AND DELIVERY OF THE LEASE AND AGREEMENT ; PRESCRIBING OTHER MATTERS RELATING THERETO ; AND DECLARING AN EMERGENCY . BE IT ORDAINED by the Board of Directors of the City of Fayetteville , Arkansas : Section 1 . That there be , and there is hereby authorized the execution and delivery of a Lease and Agreement ( the " Lease Agreement " ) wherein .the City of Fayetteville , Arkansas ( the "City ". ) , is Lessor , and Hackney Bros . Body Company , a North Carolina corporation ( " Hackney " ) , is Lessee , in substantially the from and with substantially the contents hereinafter set forth , and the Mayor and City Clerk be , and they are hereby , authorized to execute , acknowledge and deliver the Lease Agreement for and on behalf of the City . The form and contents of the Lease Agreement , which are hereby approved and which are made a part hereof , shall be substantially as follows : ?a s � 3 ` a T L ) � n � C Boz c _Zi r, c rn -� a srn -< N r � D � Cn C ® 935 995 MICROFILMED R E 1978 Section 2 . That the Mayor and City Clerk be and they are hereby , authorized and directed , for and on behalf of the City , to do all things , execute all instruments and otherwise take all action necessary to the realization of the City ' s rights and to the discharge of the City ' s obligations as Lessor under .the Lease Agreement , Section 3 . That the provisions of this Ordinance are hereby declared to be separable , and if any section , . phrase or pro- vision shall , for any reason be declared to be invalid , such declaration - shall not affect the validity of the remainder of the sections , phrases or provisions . Section 4 . That all ordinances and parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict . Section S . That there is hereby found and declared to be an immediate need for the securing and developing of industry at the City in order to provide additional employment and increased payrolls , alleviate unemployment and provide other benefits incidental to the operation of a substantial industry , and the execution and delivery of the Lease Agreement authorized by this Ordinance 'are necessary for the accomplishment of these public benefits and purposes . It is , therefore ; declared that an emergency exists , and this . Ordinance , being necessary for the immediate preservation of the public peace , health and safety , shall be in force and take effect immediately upon and after its passage . PASSED : Llf , 1977 . APPROVED : ATTES = �,. 1� t Ail;//` Y �` fI.Cxty Clerk Mayor 'r,SEALY- ® 935 996 CERTIFICATE The undersigned , City Clerk of the City of Fayetteville , Arkansas , hereby certifies that the foregoing pages are a true and compared copy of an Ordinance passed at a redulae session of the City Council held at the regular meetingplace of the City Council at 07' 3o o ' clock in , , on the /&I day of 1977 , and that the Ordinance is of record in ordinance Record Book No . I_ , Page e;L:S5- , now in my possession . GIVEN under my hand and the seal of the City this a / day of 1977 . e; City Clerk CERTIFICATE OF RECORD of •t, of Arkansas SS ( .',� A Fayetteville I Suzanne C. Kenne:ly, City Clerk and 2, - .Ofiicio recorder for the City of Fayetteville, d ) hereby certify that the a:mn':e%l or fore- is of record in my office -lad lite same ap- nears in Ordinance G Res:%.ttioo —at Page' l'litness MY C ` RT ', MATE OF Rtl;UkO hand and seal this----- --y - -- d::y of , rnr` c ss. -- . WcchinL Mn coontY 1 City Clerk and E::-o:fi;ia Recorder K�iimeyer. Circuii Cler'c and [x-Officio Recorder Por ' Washington Countydo hereby cei .i Y they oI : e n.zed or fore- k a I t nd the same is going i trument was filed for re.Ard in mY o`:ice on the S day (pc,� � �GP. 19q�at.'2 o _Io; , n _ /�c oP�t— ��Q, record�I 33 at Page ,2Z - duly recorded inhisands day of 19 Witness my ROL Circuit Clerk and ® 995 997 Ex fficio Recorded -, ,�r�J - BY Duty Clerk (��'