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HomeMy WebLinkAboutOrdinance 4876 ORDINANCE NO. 4876 AN ORDINANCE TO REPEAL ORDINANCE NO. 4843 AND DISSOLVE THE CLEARWOOD CROSSING IMPROVEMENT DISTRICT NO. 4 OF FAYETTEVILLE, ARKANSAS WHEREAS, the Clearwood Crossing Improvement District No. 14 of Fayetteville, Arkansas was formed on March 7, 2006 by Ordinance No. 4843 ; and WHEREAS, this Ordinance appointed Rick Hancock, Randy Ratliff and Christine Hancock as the Commissioners for the Clearwood Crossing Improvement District No. 14 of Fayetteville, Arkansas; and WHEREAS, the Commissioners have determined that it is impractical to issue infrastructure improvement bonds and by unanimous Resolution elected to dissolve the District which has not conducted any business, entered into any contracts, nor issued any bonds. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1 : That the City Council of the City of Fayetteville, Arkansas hereby repeals Ordinance No. 4843 and dissolves Clearwood Crossing Improvement District No. 14 of Fayetteville, Arkansas pursuant to the Resolution of the District's Commissioners attached as Exhibit A. TR� ''.,. F. PASSED and APPROVED this 6ffi day of June, 2006. r,`-� :9 G�TY O '0 ,/.1/�P�, =U ' • ?� ; APPROVED: ATTEST: : FAYETTEVILLE ; s9�;kANSP� �~ J By: BY: `uun,,,uaa DAN COODY, Mayor SONDRA SMITH, City Clerk CITY ATTORNEY AGENDA REQUEST Ct-os�"�iUo � /v a i FOR: COUNCIL MEETING OF June 6, 2006 FROM: KIT WILLIAMS, CITY ATTORNEY ORDINANCE E OR RESOLUTION TITLE AND SUBJECT, An Ordinance To Repeal Ordinance No. 4843 And Dissolve The Clearwood Crossing Improvement District No. 14 Of Fayetteville, Arkansas APPROVED FOR AGENDA: 9 5�- 1 5 p� City Attorney Date a or �. 3' Date ORDINANCE NO, AN ORDINANCE TO REPEAL ORDINANCE NO. 4843 AND DISSOLVE THE CLEARWOOD CROSSING IMPROVEMENT DISTRICT NO. 14 OF FAYETTEVILLE, ARKANSAS WHEREAS, the Clearwood Crossing Improvement District No. 14 of Fayetteville, Arkansas was formed on March 7, 2006 by Ordinance No. 4843 ; and WHEREAS, this Ordinance appointed Rick Hancock, Randy Ratliff and Christine Hancock as the Commissioners for the Clearwood Crossing Improvement District No. 14 of Fayetteville, Arkansas; and WHEREAS, the Commissioners have determined that it is impractical to issue infrastructure improvement bonds and by unanimous Resolution elected to dissolve the District which has not conducted any business, entered into any contracts, nor issued any bonds. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1 : That the City Council of the City of Fayetteville, Arkansas hereby repeals Ordinance No. 4843 and dissolves Clearwood Crossing Improvement District No. 14 of Fayetteville, Arkansas pursuant to the Resolution of the District's Commissioners attached as Exhibit A. PASSED and APPROVED this 61b day of June, 2006. APPROVED: ATTEST: By: By: DAN COODY, Mayor SONDRA SMITH, City Clerk t RESOLUTION OF CLEARWOOD CROSSING MULTI-PURPOSE MUNICIPAL IMPROVEMENT DISTRICT NO. 14 OF FAYETTEVILLE ARKANSAS (the "District") The following resolution was unanimously adopted by all of the commissioners of the District: WHEREAS, the District was formed pursuant to Ordinance No. 4843 as adopted by the City of Fayetteville on March 7, 2006 for the purpose of financing certain of the infrastructure improvements that benefit that 47 lot subdivision located in Fayetteville, Arkansas and known as Clearwood Crossing; and WHEREAS , the District's commissioners have realized that it has become impractical to further consider the issuance of infrastructure improvement bonds; and WHEREAS , the District has conducted no business, entered into no contracts, issued no bonds and otherwise has not been involved in any other business or development activity of any nature; and WHEREAS, the provisions of Arkansas Code Annotated 14-94- 126 provide that improvement districts may be dissolved and terminated upon the unanimous vote of the members of a district's board of commissioners; NOW, THEREFORE, as evidenced by their signatures below, the commissioners of the District do hereby unanimously authorize the irrevocable and unconditional dissolution, termination and discontinuation of the District and do hereby respectfully request that the City of Fayetteville, Arkansas adopt an ordinance serving to irrevocably and unconditionally dissolve, terminate and discontinue the District. rS enAv kw This resolution is adopted by the District as of this day of Apr412006. 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Clarice CC: Audit; Smith, Sondra 1 Arkansas Democrat $a2CttC Northwest Arkansas Times Benton County Daily Record P. O. BOX 1607 FAYETTEVILLE, AR 72702 PHONE : 479-571 -6415 AFFIDAVIT OF PUBLICATION I , Elizabeth Wax, do solemnly swear that I am Legal Clerk of the Arkansas Democrat Gazette newspaper. Printed and published in Benton County Arkansas, (Lowell) and that from my own personal knowledge and reference to the files of said publication, the advertisement of: Ordinance 4876 Was inserted in the Regular Editions: June 21 , 2006 _ Publication Charge : $76 . 65 ORDINANCE NO. 4876 AN ORDINANCE TO REPEAL ORDINANCE N0. I 943 AND DISSOLVE THE ICTCLEARWOOD CROSS- Ta /� /���IRO IMPROVEMENT DISTRICT NO. 4 OF FAYET C C 1C TEVILLE, ARKANSAS Subscribed an,d worn to before me NINEREAS, the Cleanwoci Crossing lmprovemeM ARKANSAS ���111 / lGr District No. 14 of Fayetteville, Arkansas was formed / y a . _ n on March 7, 2006 by Ordfinance appointed No. 4843: and ,. Thi da o ( �J 2 06. I WHEREAS, this r he Cl a appo rated Rick Hancock, Raps riotRatniffN eM Christine Hancock as Me and ' ssiorers for the Clearwootl Crossing Improvement District No. /4 0l Fayetteville. P+herlses; and ' I WHEREAS, the Commissioners have Resolution that Kris impolve the to issue vnich has Improvement ybonds buss and by unanimous y contracts, l ct elected to dissolve the District which hes rrot 9/J � // �// conducted any business, entered into any contracts, nor iss�letl any bonds. ' Notary Public ( GU C C(� RUNS THEREFORE, BE IT ORDAINED BY THE CRY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Sharlene D. Williams cI� It That the City Council of the City of FeyetteNKe.Arkansas hereby repeals Ordinance Notary Public No. 4843 and dissolves Cleerwood Crossing Improvernent District No. 14 of Fayetteville. Akensas 4l pureuant to the Resdutlon of Me Disidcib Commissioners attached as Exhibit A. State of Arkansas pASBED e M APPROVED this 6th day of June, 2006. MyMCommission KA. p� Ex APPROVED: By: DAN COODY, Maya � •� �3j�rrni$$ion Expires ATTEST: By: SONDRA SMITH, City Clerk October 1 a, 2014 I _ _ _ . —` Exhibit -A- Trey be viewed In the office of the City Clerk. **NOTE** Please do not pay from Affidavit. Invoice will be sent. RECEIVED JUN 2 3 2000 C{RYOFFAYE T MLLE CnY'CLERK'S OFFICE }