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NOW 1"W <br />ORDINANCE N0. r1_._ . <br />AN ORDINANCE AUTHORIZING A RENEWAL LEASE <br />AGREEMENT BY AND BETWEEN THE CITY OF <br />BATESVILLE, ARKANSAS AND BATESVILLE RUBBER <br />COMPANY, COVERING THE PROPERTIES DESCRIBED <br />IN A LEASE AGREEMENT BY AND BETWEEN SAID <br />PARTIES AUTHORIZED BY ORDINANCE N0. ; <br />AUTHORIZING THE EXECUTION OF SAID RENEWAL <br />LEASE AGREEMENT BY THE MAYOR AND CITY CLERK <br />FOR AND ON BEHALF OF THE CITY IN THE FORM <br />APPROVED BY THIS ORDINANCE; PRESCRIBING <br />OTHER MATTERS RELATING THERETO; AND DECLAR- <br />ING AN EMERGENCY. <br />BE IT ORDAINED by the City Council of the City <br />of Batesville, Arkansas: <br />Section 1. That the City of Batesville, Arkansas <br />proposes to lease to Batesville Rubber Company, an Arkansas <br />corporation, certain lands, buildings, improvements, machinery <br />and equipment described in the form of a Lease Agreement authorized <br />and approved by Ordinance No. / _5 of the ordinances of the City <br />of Batesville adopted and approved on the / � t4- day of <br />September, 1960. That the City and Batesville Rubber Company <br />have agreed upon the form of a renewal lease agreement which <br />must be executed at or near the time of execution of the Lease <br />Agreement authorized by said Ordinance No. 6"J/ 3 . Therefore, <br />there is hereby authorized the execution of a Renewal Lease <br />Agreement by and between the City of Batesville, Arkansas and <br />Batesville Rubber Company, an Arkansas corporation, in the form <br />and with the contents hereinafter set forth and the Mayor and <br />City Clerk be, and they are hereby, authorized and directed to <br />execute, acknowledge and deliver said Renewal Lease Agreement <br />for and on behalf of the City. The form and contents of said <br />Renewal Lease Agreement, made a part hereof, are as follows: <br />