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HomeMy WebLinkAboutOrdinance 460 ORDINANCE N0 . { l AN ORDINANCE OF THE CITY OF FAYETTEVILLE , PROVIDING FOR THE PAYMENT OF THE ASSESSMENT OF . BENEFITS IN WILLOW AVENUE IMPROVE?iENT DISTRICT NUMBER ONE OF THE CITY OF FAYETTEVILLE , ARKANSAS , AND FOR OTHER PURPOSES. WHEREAS , the majority in value of the property owners owning property adjoining the location to be affected ; and situated in Willow Avenue Improvement District Number One of the City of Fayetteville , organized for the purpose of grad. ing, rolling and macadamizing streets .in said District have petitioned the council of the City of Fayetteville , for the construction of said improvement , and that the cost thereof shall be assessed upon the real property of said District , according to the benefits received ; and WHEREAS , said benefits received by each and every lot , block and parcel of real property , including railroads and tram roads , situated in said District , equals or exceeds the local assessment , thereon ; and WHEREAS , the estimated cost of the said improvement is NOW THEREFORE , BE IT ORDAINED by the City Council of the City of Fayetteville , , as follows ; SEC00N 16 That the several blocks , lots and parcels of real property and railroads and tram roads in said District be assessed according to the assessment list for said Improvement District , as the same now remain in the office of the recorder or City Clerk , the assessment on and v` percent of each of said Elocks , lots and parcels of land and railroads and tram roads shall be paid annually on or before the d-ay of , until the whole of said local assessment shall be paid , or until the obligations of said District have been fully satisfied and paid in full , including the bonds issued by said District . 1,16CROHIMED DATE OCT 4 19Ti1 RER i } SECTION 2 , The said assessments shall be a charge and a lien against all the real property in said District , as . provided by law, and shall be entitled to a preference , as provided by law . SECTION 3 . That the Clerk of the City be authorized and directed to publish this ordinence , as required by law, and that the City Clerk deliver to the collector a copy of said assessment of benefits , containing the description of the real property and the amount assessed on each and shall deliver at the same time the warrant of the Clerk :'for the collection of said sum . SECTION 4 . That this ordinance shall take effect and be in full force from and after its passage and publication . I q&kOAAANA , v0 -- -- akA i