HomeMy WebLinkAboutOrdinance 555 s i ORDINANCE N0 . d AN ORDINANCE TO BE ENTITLED , "AN ORDINANCE TO LEVY THE ASSESSMENT UPON THE REAL PROPERTY WITHIN WEST MOUNTAIN STREET IMPROVEMENT DISTRICT NUMBER ONE OF THE CITY OF FAYETTEVILLE , ARKANSAS " . WHEREAS , thX majority in value of the property holders owning property adjoining the locality to be affected , and situated in West Mountain Street Improvement District Number One of the City of Fayetteville , Arkansas , organized fair' the purpose of grading , rolling and paving with Asphaltic Pavement , the streets and parts of streets within said west Mountain Street "Improvement District Number One of the City of Fayetteville , Arkansas , have petitioned the City Council . of the said City of Fayetteville, Arkansas , far the construction of daid improvement , and that the cost thereof shall be charged and assessed against the real property within said District , according to the benefits to be received ; and WHEREAS , said benefit received by each lot or block or parcel of real property situated within said District , equals or exceeds the 7,6cal assessment ; and WHEREAS , the estimated cost of said improvement is �/yy IQY. ...�:. . . . . . . ; NOVI , THEREFORE , BE IT ORDAINED BY THE CITY OOUNCIL OF THE CITY OF FAYETTEVILLE , ARKANSAS : SECTION ONE : That said several lots , blocks and parcels of real prop- erty within 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 ten percentum on said lots , blocks and parcels shall be paid annually on or before the first Monday of �i� until the whole of the said local assessment shall 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 SECTION TWO : That all Ordinances and parts of Ordinances in conflict herewith be , and the same are hereby, repealed , and this Ordinance shall take effect and be in force from and after its passage , approval and publication ; Passed and approved this . day of . Y. t . . . , 19246 i Attest W.4Com- . Approved : 94AA V MICROFILMLD Clerk , Mayor pATEy REEL����