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HomeMy WebLinkAboutOrdinance 602 4 �Jr e 1 ORDINANCE N0 . AN _ORDINANCE TO BE ENTITLED , "AN ORDINANCE TO LEVY THE ASSESSIvENT UPON TIM REAL PROPERTY WITHIN WATER Ih,:PROMENT DISTRICT NMIBER TWO OF THE, CITY OF FAYETTEVILIE , ARISANSAS . " WHEREAS , the majority in value of the property holders owning pro- perty adjoining the locality to be affected , and situated in `later Im- provement District Number Two , of the City of Fayetteville , Arkansas , organized for the purpose of constructing and maintaining an adequate water system for the benefit of ,property owners within said District , have petitioned the City Council of the City of Fayetteville , Arkansas , for the construction of said 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 FIIEREAS , said benefit received by each lot or block or parcel of real property situated within said District , equals or exceeds the local assessment , and WHEREAS , the estimated cost of said Improvement is e6 , 340 . 87 NOW , THEREFORE , BE IT ORDAINED BY THE CITY COTRXIL OF THE CITY OF FAYETTEVILLE , ARItAIISAS : SECTION ONE : That said several lots , blocks , and parcels of real - property 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 per centum on said lots , blocks and parcels shall be paid annually on or before the first Irionday in November , until the whole of 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 SECTION TWO : That-- :all ordinances and parts of ordinances in conflict - - herewith be and the same are hereby repealed- - and this-ordinance shall- take halltake effect and be in force from and after its passage , approval and publication . Passed and approved , this V 2- day of 1926 . Approved : Attest ; MICROFILMED \ y r • DATE 2 8 C PEEL. 4? er