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HomeMy WebLinkAboutOrdinance 620 G2 ORDINANCE NUMBER ... . . . . AN ORDINANCE TO BE ENTITLED " AN ORDINANCE TO LEVY THE ASSESSMENT • UPON THE REAL PROPERTY WITHIN ANNEX NUMBER ONE TO NORTH COLLEGE AVENUE IMPROVEMENT DISTRICT NUMBER ONE OF THE CITY OF FAY- ETTEVILLE, ARKANSAS . " WHEREAS, The majority of property holders owning real property adjoining the locality to be affected; and situated in Annex Number One to North College Avenue Improvement District Number One of the City of Fayetteville, Arkansas, organized for the purpose of grading, rolling and paving with concrete pavement East Spring Street from the East line of North College Avenue to the West line of Willow Avenue, in the City of Fayetteville, Arkansas, have petitioned the City Council of the City of Fayetteville , Arkansas, for the construction of said improvement, and that the cost thereof be charged and assessed against the real property within said District, according to the benefits to be reoeived, and WHEREAS, The benefits received by each Lot, Block or parcel of land situated within said District equals or exceeds the local assessment, and WHEREASs The estimated cost of said improvement is $8, 014.43; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS : SECTION ONE : That said several Lots, Blocks or parcels of real property within Annex Number Oni to North College Avenue Improvaent District Number One of the City of Fayette villa, Arkansas , be assessed according to the assessment list for said District as the same now remains in the office of the City Clerk or Recorder of the said City of Fay- etteville, Arkansas , and that ten per oentum on said Lots , Blocks or parcels of real property shall be paid annually on or before the first Monday in December in each year, beginning with the year 1926, until the whole of the indebtedness of said District shall be paid . SECTION TWO : Ths.t sll ordinances or parte of ordinances. in _confliet herewith be, and the same are hereby repealed, and this ordinance shall take effect and be in force from and after its passage, approval and publication . 41 .c Passed and a roved: hs ti . . . �. da Aro e��Zw PP y of June, 1926. D REQ \ y Attest; -- Approved; pp �� lJ�llM Clerk.` j Mayor.