HomeMy WebLinkAboutOrdinance 2401 ORDINANCE NO . ILif t L)
' 77 DEC 27 PIN 3 ' 24
AN ORDINANCE ASSESSING THE VALUE OF BENEFITS TO BE
RECEIVED BY THE OWNERS OF EACH OF THE BLOCKS , LOTS 9N1ii1TiMR COUNTY
CELS OF LAND WITHIN FAYETTEVILLE STREET IMPROVEMENT PIsT40,VS
NO . 76 - 1 OF THE CITY OF FAYETTEVILLE , ARKANSAS ; AND 'PRESCRLI$0G1
OTHER MATTERS RELATING THERETO . " 1 . r tris
Whereas , a majority in value of the property holders own -
ing property adjoining the locality to be affected and situated
in the City of Fayetteville , Arkansas , organized for the purpose
of grading , draining , curbing , guttering , widening , sidewalking ,
and paving Old Farmington Road , have petitioned the Fayetteville
Board of Directors for the construction of said improvements ,
and that the cost 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 .
NOW , THEREFORE , BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF FAYETTEVILLE , ARKANSAS :
Section 1 . That each of the several blocks , lots and par -
cels 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 ten per
cent of the assessment of each of said blocks , lots and parcels
shall be collected by the County Collector with the first install -
ment of general taxes becoming due in the year 1978 and annually
thereafter with the first installment of general taxes until the
whole of the said local assessment shall be paid .
Section 2 . The collection of the annual installment shall
be suspended , in whole or in part , for any year upon the filing
with the County Collector by December 1 of the preceding year
by the Commissioners of the District of a certificate reciting
the amount of funds available to meet the debt service require -
ments of the bonds of the District and , if necessary to provide
additional funds sufficient therefore , certifying the percentage
of the next annual installment on the amount of benefits
necessary to be collected .
PASSED AND APPROVED THIS DAY OF
1977 .
APPROVED :
M�
ATTEST :
CERTIFICATE JF RECORD
Qs7►{ State of Arkansas l SS
CSTY CLgRK City of Fayetteville I(
t• -
I, Darlene Westbrook, City Clerk and &z
Officio recorder for the City of Fayettevtll%
do hereby certify that the annexed or fore-
• ' going is of record in my off Ice and the same
appears in �JoZZ2 e r ke3 book
- V, at page . Witness my
hand and seal this day of
MICROFILMED. City Clerk and E!x�-Officio r�R(e�ewdet
DATE OCT_ �1978 E '950 39
REEL
CERTIFICATE OF rl " GOVID
> rnrq or AW( NSAS j
W.,rfnn, 'on County j
SS.
I, Alma L. Koll noyer, Circuit Clcrl< and Fac-Officio Recorder for
Washinu"ton County, do hereby certi;y anrrxxad or fore-
going instrument vias t ed forrecon '' c�y��u .n on tha p77day
oP �G✓ 147ra• ?o tock_T.: and "h^ same its
duly recorded in_t rcc ;. .; . _� a;
witness my hand and sen, thisu_y of_Q�G 19�
CircLit Clark and
Ex-Orficio corde
By _
Oenut� lark
