That portion of Block 51 of the Original Townsite of Anchorage which is at the effective date of this Charter amendment owned by the Municipality of Anchorage, or thereafter acquired by the Municipality of Anchorage, is hereby dedicated for use as a town square park providing open space in the downtown city center.
(Initiative, prop. 1, 10-2-1984)
No buildings may be placed, erected, or retained on the lands hereby dedicated, except that any buildings existing thereon at the effective date of this Charter amendment which have been, or shall be, designated as historic sites by an authorized authority of the Municipality of Anchorage may be retained, maintained and restored for exclusive use in a manner consistent with the dedication.
(Initiative, prop. 1, 10-2-1984)
Underground uses of the lands hereby dedicated shall be permitted if, and only if, such uses are determined by the Anchorage Planning and Zoning Commission and the municipal assembly to be consistent with the dedication, and if such underground uses do not cause the grade of the town square to be above or below street level.
(Initiative, prop. 1, 10-2-1984)
If any part of this Charter amendment shall be declared to be invalid, the remaining portions shall remain in full force and effect. If this Charter amendment shall be found to be invalid as to a portion of the lands covered, it shall remain in full force and effect as to other lands.
(Initiative, prop. 1, 10-2-1984; AO No. 2013-93, prop. 8, 4-1-2014)