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HomeMy WebLinkAboutOrdinance 223 An Ordinance- levying assessments on several Blocks , Lots and Parcels of real property in Sewer Improvement District No . 1 of the City of Fayetteville, Arkansas, the cost of the im- provements proposed for said District and assessing upon the real nroperty within said District the amount of said cost . y --------------o 0 0 0------^- --------- o-yd 6�. WHrREAS the majority in value of the property holders owning property adjoinirZ the locality to be affected and situated in Sewer Improvement District No . 1 of the City of Fayetteville, Arkansas , organized for the purpose of in. Maintaining ,and operating a system of sewers for the City of Fayetteville, Arkansas , ( the -real estate in said City having been designated as Sewer Improvement District Noel ) have petetioned the Council of said Citlr ' of Fayetteville , Arkansas , for the construction and acquisition of said im- provement and that the cost thereof shall be assessed upon the property of said Severe ILLprovement District No . 1 according to the benefits to be reoieved by said real property; and WHFR EAS said benefits received and which .will accrue to and be each and every block , lot and parcel of real estate situated in said Sewre Iriprovement District No . 1 equal or exceed the local assessment thereon; and WHEREAS the estimated cost of Bain imnrovement in OIdE HUIIDRr,D AND FIFTY-FIVE TJiOTJS �iND DOLLARS ; and THERPTORE it is now ordaindd by the City Council of the City of Fayetteville , Arkansas , that sain several blocks , lots and parcels of real property in said Sewer I 'MP rovement District No . 1 be assessed according tc the assessment list for said improvement district as the same now remains iW the office of the City Clerk of said City of Fayetteville, and that five per- centum Of said assessment on each of said blocks , lots and parcels of real property shall be paid annually for twenty successive years on or before the 15th day of September in each year, until the MICROFILM 4 y91B IV DATE 0(;T 4 Y_-- #2 . whole of said local assessment shall be paid . And said local assessment shall be in charge and a lien against all the real property in said district from the date of this ordinance and shall be entitled to preference over all judgments , executions , incumbrances or liens whensoever created, and shall continue until such local assessment , with anv penalty and costs that may accrue thereon, shall be paid; provided as between grantor and grantee all payments not due at the date of any trans- fer of such real property shall be paid by the grantee . It is further ordained that the first installment of said assessment shall be due and payable on or before the 15th day of September , 1907 , but thetime for. saik first paymat shall run to and include . and may be paid by the 25th day of September, 1907 . It is further ordained that this Ordinance shall- be in full force from and after its passage and approval and. publication . Passed and adopted the 26th day of July, 1907 , Attest : C . A,. Mulholland , R , L . Vaughan , Mayor . City Clerk . 4� PV i i