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HomeMy WebLinkAboutOrdinance 981 ORDINANCE N0. AN ORDINANCE LEVYING THE ASSESSME[d' OF BENEFITS IN STREET IMPROVEVENT DISTRICT N0 . 56 OF THE CITY OF FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, PROVIDING FOR THE ANNUAL LEVY OF ASSESS MS, AND THE COLLECTION THEREOF, AND FOR OTHER PURPOSES: WHEREAS, more than two-thirds in value of the property holders owning property adjoining the locality to be affected, and situated in Street Improvement District No . 56 of the City of Fayetteville, Arkansas, organized for the purpose of grading, draining , paving, curbing and guttering West Center Street from School Avenue to its intersection with California Boulevard and West Avenue from West Center Street to West Spring Street have petitioned the Council of the City of Fayetteville, Arkansas for the construction of said improvement and that the costs thereof shall be assessed upon the real property of said district according to the benefits received; and WHEREAS, said benefits received by each and every 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 to said district is 040,000.00; THEREFORE, IT IS NOW ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS : That said several blocks, lots and parcels of real property in said district be assessed according to the assessment list for said improvement district as the same now remains in the office of the City Clerk and that six per centum of the assessment of each of the said blocks, lots and parcels shall be collected by the County Collector of Washington County, Arkansas with the first installment of general taxes in the year 1951 and six per centum of said assessments shall be collected annually thereafter with the first installment of general taxes until the whole of said local assessment shall be paid . This Ordinance shall be in full force and effect from and after its passage and approval. Passed and Approved this 11th day of September , 1950 . ATTEST : 9 CI CLERK MAYOR � MICROFILMED DATE orT t, J978 REEL.