Subject: 9465/1990-151 Global Financial Date: Mon, 27 Feb 1989 12:20:00 -0500 1990-151 Global Financial Services ORDINANCE NO. 9465 AN ORDINANCE CLOSING AND ABANDONING A PORTION OF OLD BAILEY AVENUE LOCATED NORTHWEST FROM SPRUCE STREET, BETWEEN BAILEY AVENUE AND DUNCAN AVENUE, MORE PARTICULARLY DESCRIBED HEREIN. _______________________ SECTION 1. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE, That there be and is hereby closed and abandoned a portion of Old Bailey Avenue located northwest from Spruce Street, between Bailey Avenue and Duncan Avenue, more particularly described herein, and as shown on plat attached hereto and made a part hereof by reference: Old Bailey Avenue, a 24 foot wide right-of-way, and part of the New Bailey Avenue right-of-way. Said right-of-way and part of right-of-way form one tract beginning at the intersection of the northeast line of Old Bailey Avenue with the northwest line of Spruce Street, thence southwest some 41 feet with Spruce Street to a point 60 feet (if measured at a right angle) northeast of the southwest line of New Bailey Avenue, thence northwest some 127.5 feet parallel to, and at all points 60 feet northeast of, the southwest line of New Bailey Avenue to the southeast line of a 10 foot alleyway (if extended), thence northeast some 25 feet with said alleyway to the northeast line of Old Bailey Avenue, said point being the southwest corner of Lot 13, Block 2, Cook and Hutcheson's new subdivision of Fisher's Amended Addition to Highland Park, as shown by plat of record in Plat Book 5, Page 53, R.O.H.C., thence southeast 130 feet with the southwest line of said Lot 13 and the northeast line of Old Bailey Avenue to the northwest line of Spruce Street, the point of beginning. SECTION 2. BE IT FURTHER ORDAINED, That this Ordinance shall take effect two weeks from and after its passage as provided by law. PASSED on Third and Final Reading 10/4, 1990. _/s/________________________________ CHAIRPERSON APPROVED:______ DISAPPROVED: _______ DATE:________________ _______, 1990. _/s/________________________________ MAYOR WSP:cmc