HomeMy WebLinkAboutOrdinance 3523 • � o
FILE ^ F ' " RECOR@
' 90 DEC 7 Pfd 1 51
ORDINANCE NO . 3523
t` '. � I : N CO AR
A . : ' EVER
AN ORDINANCE AMENDING SECTION III A ( 1 ) ( k ) ( 4 )
OF THE CODE OF ORDINANCES , CITY OF
FAYETTEVILLE , ARKANSAS ( ORDINANCE NO . 2695 AS
PREVIOUSLY AMENDED ) TO PROVIDE FOR THE
EXPENDITURE OF MONIES RECEIVED IN LIEU OF LAND
DEDICATION TO BE EXPENDED WITHIN THREE YEARS
OF THEIR RECEIPT .
BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE , ARKANSAS :
Section 1 , The Board of Directors hereby amends Section
III , A . ( 1 ) ( k ) ( 4 ) of the Code of Ordinances of the City of
Fayetteville , Arkansas ( Ord . No . 2695 as previously amended ) to
read as follows :
( 4 ) All money received under this division shall be
deposited in an interest bearing account . Said money
together with the interest , shall be expended within
three ( 3 ) calendar years of the last date of the calendar
year in which it was received for the acquisition and
development of park land that serves the subdivision for
which a contribution in lieu of dedication has been made .
If said money has not been so expended within the three
year period , said money , together with the interest
thereon , shall be refunded to the subdivider who made the
contribution . Provided however , that money and interest
received prior to January 1 , 1990 shall be expended by
December 31 , 1990 or, refunded as set forth " in the
previous ordinance .
PASSED AND APPROVED . ,this 4th day of Dprpmhpr , 1990 .
APPROVED :
By . Mayor
Tri
\,•. ? ,`t ' Y 1 . .
CE i,MCATE OF RECORD
Of Alma Kollmeyw, C m.If Cork and State of Arkansas ( SS
6x ffido recorder for wa hj g,on C..... City cf Fayetteville
Anwraw, do hereby certify that this In. Y Sherry Thomas, City Clerk and Ex-
Itramera was f;;ed for recard In my aieq 5fticio recorder for the City of
OR indicated hereon and the .same is now Fsyetteville, do hereby certify that the
daly recorded tr::h the acknowledgemNy �mmwd or foregoing is of record in my
and certi;icwo thereon In Recard soekand office and the same appears in
a+ge a, Indicated thereon Ordinance & Resolution book Ax V at
IN wRNw,S "RC.pf, I have herew" ale 33 Witnoefs y Ian —Cud
OW my hard and affixed the "al of eaid 19 9 e y
Cowl on the date indicated hereon.Alma
New Kollmeyor ty Cle¢ s l g-GYYtcto P.au'.'.
await awk and
bdfido Rom
by
STATE of ARKANSAS 1
JF se.
County o[ Washington
f ORDINANCE Nb. 3523 ,
IAN '`ORDINANCE AMEW
✓DING, VSEC'TION IIIA (1 ) I tom. ' 21— a hereby certify that
' (k) (A) OF THE CODE OF !
( ORDINANCES„ CITY OF I am the publisher of E NORTHWEST ARKANSA IMES, a dally newspaper
t F A-Y ,E T T E 1 L L E , having a second Class mailing privilege, and being not less than four pages Of
IARKANSAS .(ORDINANCE t five columns each, published at a fixed place of business and at a fixed (dally)
NO.; 2695 AS PREVIOUSLY ,
AMENDED) TO PROVIDE Intervals continuously in the City of Fayetteville, County of Washington, Arkansas
FOR%TME EXPENDITURE
OF RECEhVEDIN
for more than a period of twelve months, circulated and distributed from an
-
' . LIEU LAND- EDICA- established place of business to subscribers and readers generally Of all classes
TIOf•IYOFTO BE 'EXPENDED in the City and County for a definite price for each copy, or a fixed price per
WITHEI RECEIPT.
RS ' annum, which rice was fixed at what is considered the value of the publication,
WI THEIR RECEIPT. P
BE 'IT ORDAINED BY based upon the news value and service value It contains, that at least fifty percent
THEPORS OF
HE TY OF ' of the subscribers thereto have paid cash for their subscriptions to the newspaper
TORS OF THE CITY OF
FA V E. -T-T E+V+I L L' E , or Its agents or through recognized news dealers over a period of at least six
ARKANSAS '+
: months; and that the said newspaper publishes an average Of more than forty
Section 1. The
Board of
D ireftors hereby amends percent news matter.
Section I11, A; (1 ) (k) (4) of
the Coty o Ordinances of I further certify that the legal notice hereto attached In the matter of
the City of . Fayetteville, y g
Arkansas (Ord. No. 2695 as
Previously amentletl) to
as Poy�
' read as follows;
(4)' All money received
under this division shall be /
deposited In an interest
. bearing account . Said waspublishedin theregulardaily issue of said newspaper for
money together with the In- consecutive Insertions as follows:
terest, shall be expended
within three (3) calendar nn
years of the last date of the The first Insertion on the day of 19 .L—
calendar year in which it
was received for the acquisi-
tion and development of the second insertion on the day of 19
park lantl that serves the
sutitlivision for which a con-
tribu'tion In lieu of dedication the third insertion On the day of 19
has been made. If satbl
money has not been so ex. and the fourth insertion on the -- day 19
PenGed within the three year
Per[A,.said money, together ,
wff%S the Interest Marion,
shaft be°refuefuntleE to the sub.
diVidaf Vmade the COT
trib,ution , Provided worn to and subscribed before me o this I v of
HoweverMhat money and In-
teeest , received prlor to
January 1, 1990 shalltbe ex- q
en
pe by ,December 31,
1990 or refunded, es set for
I
he:. Inv .the prev16U5 ordi-
nance. Not r Public
PASSED AND APPROVED .
this 4th day of December,
. 1990. APPROVED: My Commission Fxpires:
BY : William V. Martin I _ / _ i+ /
ATTEST: Mayor y By: Sherry L.?homar
Clty Clerk', -
Seal' k
p
Fees for Printing _ 5
Cost of Proof —. 5
•rota) — S
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