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HomeMy WebLinkAboutOrdinance 499 ORDINANCE N0 .419 . . . AN ORDINANCE TO BE ENTITLED , "AN ORDINANCE TO PROVIDE FOR THE PERS} ]y ANENT IMPROVEMENT OF THE INTERSECTION OF CERTAIN STREETS WITHIN THE CITY OF FA=. TEVILLE , ARKANSAS , AND FOR OTHER PURPOSES . " WHEREAS , there has been formed and created within the corporate limits of the City of Fayetteville , Arkaneas, a certain Improvement District , knvwn as Annex Number One to Mont Nord Improvement District Number One of the City of Fayetteville , Arkansas ; WHEREAS , it is the policy of the City of Fayetteville to aid in con- structing and maintaining permanew�t streets , constructed under the improve- ment district plan ; and WHEREAS, the City of Fayetteville has assumed part of the expense of improving streets in other improvement districts ; NOW , THEREFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF I FAYETTEVILLE , ARKATTSAS : SECTION ONE : That there is hereby appropriated out of the General Fund of the City of Fayetteville , Arkansas , the sum of Three Thousand ( 03000 . 00 ) Dollars , to be used by the Board of Commissioners of Annex Number One to Mont Nord Improvement District Number One of the City of Fayetteville, Ark- aneas, ln permanently paving the intersections of all streets within said Improvement District , and otherwise permanently improving the same . SECTION TWO : That the City Clerk of the Citv of Fayetteville , Arkan- sas , be , and he is hereby, instructed to draw five warrants of equal amounts , in favor of whomsoever said Board of Commissioners may designate , and at such times as sa9d Board May request , not to exceed in the aggregate , however, the sum of Three Thousand ( $3 , 000 . 00 ) Dollars . Said five warrants shall be drawbtserially, so that one warrant shall become due and payable each ,year after date of issue . SECTION THREE : That this Ordinance shall take effect and be in force from and after its passage , approval and publication . Passed and approved this 18th day of February, 19240 _ Attest : . .(a Approvede . . . . . . . . . Mayor . Clerk . Es � MICROFILM 4 tgy6 DATE REEL