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HomeMy WebLinkAboutOrdinance 516 ORDINANCE N0 . �� 6 AN ORDINANCE TO BE ENTITLED "AN ORDINANCE TO LEVY THE ASSESSMENT UPON THE REAL PROPERTY LOCATED WITHIN ANNEX NUMBER ONE TO WEST LAFAYETTE AVENUE IMPROVEMENT DISTRICT NUMBER ONE OF THE CITY OF FAYETTEVILLE , ARKANSAS . " WHEREAS , the majority in value of the property holders owning property adjoining the locality to be affected and situated in Annex Number One to West Lafayette Avenue Improvement District Num- ber One of the City afFayett ville A ansas , organized for the pur- pose of paving with asphalt io/qqk1d9ft* pavement the streets and parts of streets within said Annex Number One to West Lafayette Avenue Im- provement District Number One of the City of Fayetteville , Arkansas , have petitioned the City 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 benefit received ; and WHEREAS , said benefit 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 $149000. 00 NOW, THEREFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE , ARKANSAS : SECTION ONE : T hat said several blocks , lots , and parcels of real property in said District be assessed aocording to the assessment list for said Improvement District as the same now remains in the office of the Recorder or #be City Clerk, and that 10 per oentum of each of said blocks , lots , and parcels shall be paid annually on or ab6ut the first Monday in November until the whole of said local assessment shall be paid . SECTION TWO : That all ordinances or parts of ordinances in conflict herewith be , and the same are hereby , repealed , and this ordinance shall take effect and be in force from and after its passage , approval , and publication. _ .- /flCROtI i)asECC7 4 Passed nd a proved this 26th day of May , 1924 . RFEL �'�d Attest : Ovpa/c2 Approved : (�QQpAM er Mayor