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ORD NO 35-1975 CITY OF VAN BUREN, ORDINANCE NO. -i ,1975 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO PURCHASE THE FRISCO DEPOT BUILDING, AND ENTER INTO A LEASE FROM YEAR TO YEAR, ON THE GROUND UPON WHICH IT RESTS. NOW, THEREFORE BE IT ORDAINED by the City Council of the City of Van Buren, Arkansas: 1. That the Mayor is authorized and directed to purchase the old Frisco Depot from the Frisco Railroad Company for Two- thousand Five hundred Dollars ($2,500.00) for the City of Van Buren, Arkansas. 2. That the Mayor and City Clerk is authorized and directed L. to enter into a lease agreement, from year to year, on the property upon which the old Frisco Depot sets, with the Frisco Railway Company for One hundred and Fifty Dollars ($150.00) per year. 3. That due to the need to save the Old Frisco Depot is an emergency is declared to exist this Ordinance being necessary for the immediate preservation of the public peace, health and safety, shall take effect and be in force from, and after, its passage, approval and public- ation. PASSED AND APPROVED THIS 10th day of November,1975. 4 i l Mayor ATTEST: City Clerk 0