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(j ) That said closure would result in fewer street <br /> intersections and would therefore lower accident potential . <br /> (k) That said closure would be beneficial to the <br /> city' s commercial and economic growth. <br /> (1) That the public' s interest and welfare would be <br /> benefited by said closure. <br /> (m) That said closure would be beneficial to the <br /> public for all the reasons specified herein. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF <br /> THE CITY OF BATESVILLE, ARKANSAS: <br /> Section 1 : The City of Batesville, Arkansas, does hereby <br /> release, vacate and abandon all its rights, together with <br /> all the rights of the public generally, in and to the street <br /> • described as follows : <br /> That part of 14th Street lying between Broad and Lawrence <br /> Streets and more particularly described as that part of 14th <br /> Street, abutting Lots 7 and 8 of Block 75 and Lots 1 and 14 <br /> of Block 76 of Maxfield' s Third (3rd) Eastern Addition to <br /> the City of Batesville, Arkansas . <br /> Section 2 : That title to that part of 14th Street abandoned <br /> herein shall vest in the owners of the lots abutting said <br /> abandoned section, namely, Ideal Baking Company, <br /> Incorporated and Elmer L. Cochran, Jr. <br /> Section 3: That said section of 14th Street being vacated <br /> is no longer needed or required for municipal or public <br /> purposes and said abandonment and closure would be <br />