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HomeMy WebLinkAboutOrdinance 422 ORDINANCE NO & V�a AN ORDINANCE TO BE ENTITLED , " ADT ORDINANCE TO LEVY THE ASSESSII2:1 UPON THE REAL PROPERTY LOCATED WITHIN , AND BEING A PART OF , EAST STREET ' ILL PROVEIEEYT DISTRICT NUMBER ONE OF THE CITY OF FAYETTEVILLF , ARKALSAS . " WHEREAS , the majority in value of the property holders owning prop- • erty adjoining the locality to be affected and situated in East Street Improvement District Number One of Fayetteville , Arkansas , organized for the purpose of grading , rolling and macadamizing ( using asphalt binder ) the streets and parts of streets within said East Street Improvement District Number One , have petitioned the Council of the City of Fayette- ville , Arkansas , for the construction of said improvement , and that the cost thereof shall be assessed upon the real property of said district according to benefits received ; and V/HEREAS , said benefits received by each block , lot and parcel of real property situated in said district , equals or exceeds the local assessment thereon ; and WHEREAS , the estimated cost of said improvement is 013 , 773 . 57 ; NOW , THEREFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILT,E , ARKANSAS : SECTION ONE : That said several blocks , lots and parcels of real property in said district , be assessed according to the assessment list , for said Improvement District , as the same now remains in the office of the Recorder or City Clerk ; and that 10 per centum on each of said blocks , lots and parcels , shall be paid annually on or before the first taonday of October ntil he whole of the said local assessment shall be paid . SECTION That all Ordinances and parts of Ordinances in con- flict^ be , and the same are hereby , repealed , and this Ordinance shall be in force and effect , from and after its passage , approval and pub- lication . Passed /annddd approved this 3d day of June , 1921 * A Dnp Attest : AApproved : C l e r k . MiCROFILN�D WU M a y o re /f// '0DATE OCT. // 7 REED