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HomeMy WebLinkAboutOrdinance 500 ORDINANCE NUMBER So a AN ORDINANCE TO BE ENTITLED , " AN ORDINANCE TO LEVY THE ASSESSMENT UPON THE REAL PROPERTY LOCATED WITHIN ANNEX NUMBER ONE TO MONT NORD IM_ PROVEMENT DISTRICT NUMBER ONE OF THE CITv OF FAYETTEVILLE , ARRIANSAW WHEREAS , the majority in value of the property holders owning prop- erty adjoining the locality to be affected , and situated in Annex Num- ber One to Mont Nord Improvement District Number One of the Cite of Fay- etteville , Arkansas , organized for the purpose of paving with Aephaltic s1so A �e pavement , the streets and parts of streets within said Annex Number One to Mont Nord Improvement District Number One of the Citv of Fayetteville , Arkansas, have petitioned the City Council of the City of Fayetteville , Arkansas , for the construction of said improvement , and that the costs thereof , shall be assessed upon the real property of said district , according to the benefits to be received ; and WHEREAS , said benefit received by each block , lot and parcel of real property situated in said district , equals or exceeds the local assess- ment ; and WHEREAS , the estimated cost of said improvement is $ 150500 . 00 __ NOW , THEREFORE , BE IT WMAINED BY THE CIV7 COUNCIL OF THE CITv OF FAYETTEVILLE , 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 j the Recorder or City Clerk ; and that 10 per centum on said blocks ; lots and parcels shall be paid annually on or before the first Monday of Octo - ber , until the whole of the said local assessment sh&11 be paid . SECTION TWO : That all Ordinances and parts of Ordinances in conflict herewith , be , and the same are hereby , repealed , and this Ordinance shall take effect and be in force , from and after "its passage , approval and publication . AA1CR _� � Passed and approved this 18th day of February , 1924 . DATE7979 RIM Attest : C- 's ' G'"`""-`� �` ° ^S. Approved : -1 - e r 1 �L " " �AV V r --