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HomeMy WebLinkAboutOrdinance 576 ORDINANCE NO Mdv 6 AN ORDINANCE TO BE ENTITLED , " AN ORDINANCE TO LEVY THE ASSESSMENT UPON THE REAL PROPERTY WITHIN SOUTH COLLEGE AVENUE IMPROVEMENT DISTRICT NUMBER ONE OF THE CITY OF FAYETTEVILLE , ARKANSAS . " IZZ WHEREAS , the majority in value of the property holders owning prop- erty adjoining the locality to be affected , and situated in South Colle+fie Avenue Improvement District Number One of the City of Fayetteville , Arkansas , organized for the purpose of grading , r�g and paving with Asphaltic Pave - ment , the streetsw i m C'bllege Avenue Improvement District Number One of the City of Fayetteville , Arkansas , have petitioned the City Council of the City of Fayetteville , Arkansas , for the construction of said Improve - ment , and ttmt the cost thereof shall be charged and assessed against there al property within said District , according to the benefits to be reeeived ; and WHEREAS , said benefit received by each lot or block or parcel of real property situated within said District , equals or exceeds the local assessment and er 1?4 • �� . . . WBEREAS , the estimated cost of said Improvement is . . . . . P . . . . . . . . NOW , THEREFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY. OF FAYETTEVILLE , ARKANSAS : SECTION ONE : That said several -lots , blocks and parcels of real prop"rt, erty within said Distriet , be assessed according to the assessment list for said ' -Improvement District , as--��the same now remains in the Office of the Re - corder or City Clerk; and the en percentum on said lots , bloeks and parcels shall be paid annually on or before the first Monday of November , until the whole of the said4assessment 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 Section Two ; That all Ordinances and parts of Ordinances in conflict herewith be and the same are hereby repealed , and this Ordinance shall take rf effect and be in force from and after its passage , approval and publication . Passed and approved this . . vZ-k� , , . day of September, 1 �. Approved . . Mayor .� Attest . . . ✓ Clerk . MICROFILMED DATE OCT 4 1978 REEL_