HomeMy WebLinkAboutOrdinance 5130 ORDINANCE NO. 5130
AN ORDINANCE TO ESTABLISH AND LAY OFF
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS'
IMPROVEMENT DISTRICT NO. 25- FALCON RIDGE
SUBDIVISION INFRASTRUCTURE PROJECT
WHEREAS, a Petition to form Fayetteville Municipal Property Owners' Improvement
District No. 25- Falcon Ridge Subdivision Infrastructure Project has been filed with the
Fayetteville City Clerk; and
WHEREAS, the City Clerk has presented said petition to the Mayor; and
WHEREAS, the Mayor has set April 15, 2008, at 6:00 p.m. as the date and time for a
hearing before the Fayetteville City Council for consideration of said petition; and
WHEREAS, the Fayetteville City Council has determined from a title company
certificate of property ownership that those signing the petition constitute all the owners of the
real property to be located in the district; and
WHEREAS, the Arkansas Municipal Property Owners' Improvement District Law
provides at Ark. Code Ann. Sec. 14-94- 106(b)(2) that if the governing body determines that all
the owners of the record title to the real property to be located in the district have petitioned for
the improvements, it shall then be its duty by ordinance to establish and lay off the district as
defined in the petition and to appoint the commissioners named in the petition.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF FAYETTEVILLE, ARKANSAS:
Section 1 : That the real property described in Exhibit "A" attached hereto and made a
part hereof is hereby established and laid off as Fayetteville Municipal Property Owners'
Improvement District No. 25- Falcon Ridge Subdivision Infrastructure Project for the purpose of
constructing, purchasing, accepting as a gift or maintaining facilities for waterworks, recreation,
drainage, gas pipelines, underground trenches and excavations necessary for the installation by
public utilities or municipal utilities of electric and telephone distribution systems, sanitary
sewers, streets and highways including curbs and gutters, and sidewalks, together with facilities
related to any of the foregoing, or for more than one of those purposes.
1
I
Section 2 : The following three individuals are hereby appointed as commissioners of
said improvement district: Charles W. Sloan, Cynthia E. Sloan and Jay Mullis.
Section 3 : The name of said improvement district shall be Fayetteville Municipal
Property Owners' Improvement District No. 25- Falcon Ridge Subdivision Infrastructure Project.
Section 4: The district shall not cease to exist upon the acquiring, constructing or
completion of the improvements, but it shall continue to exist for the purposes authorized in Ark.
Code Ann., Title 14, Chapter 94.
p.KITRei
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PASSED and APPROVED this 15`h day of April 2008. _ ,Q ��5 Y p�° , Gp '
APPROVED: ATTEST: ; FAYETTEVILLE ;
y^,tiRkANs o J
B B i "5-,NGTON
y: y: / . p /lM
D N COODY, Mayor SONDRA E. SMITH, City Clerk/Treasurer
2
EXHIBIT "A"
Falcon Ridge Subdivision:
Part of the NEI/4 of the SETA and the Part of the SEI /4 of the SETA of Section 19,
Townshipl6 N, Range 29 W in Washington County, Arkansas and being more particularly
described as follows: Commencing at the NW corner of said NEI /4, SEI/4 thence south 557.95
feet, thence S89°55 ' 18"E 27.59 feet to the P.O.B, thence S89°55 ' 18"E 1292.94 feet, thence south
1422.01 feet, thence N89°56'30"W 822. 14, thence N00°04'32"E 331 .32 feet, thence
S89051132"E 170.08 feet, thence N00°42' 14"W 436.08 feet, thence N00° 11 '46"E 421 .06 feet,
thence N89°56'21 "W 426.97 feet, thence N00° 11 '35"120.06 feet, thence N89°55 ' 18"W 211 .25
feet , thence N00' 12'45" E 114. 14 feet to the P.O.B. ; containing 25 .51 acres more or less subject
to easements and right of way of record.
3
Ci of Fayetteville
Staff Review Form
City Council Agenda Items 1r410,Y7
or
Contracts APOID W&Z:5�
April 15, 2008
City Council Meeting Date
Sondra Smith City Clerk City Clerk
Submitted By Division Department
Action Required:
An ordinance to establish Fayetteville Municipal Property Owners' Improvement District No. 25 - Falcon Ridge
Subdivision Infrastructure Project. This petition is being filed under the Arkansas Municipal Property Owners'
Improvement District law. Arkansas Code Ann. Sec. 14-94-101 et seq. The petition is being filed by James N.
McCord. on behalf of the Improvement District.
N/A N/A N/A
Cost of this request Category / Project Budget Program Category / Project Name
N/A N/A N/A
Account Number Funds Used to Date Program / Project Category Name
N/A N/A N/A
Project Number Remaining Balance Fund Name
Budgeted Item NIA Budget Adjustment Attached N/A
Previous Ordinance or Resolution #
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Department Director Date Original Contract Date:
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Original Contract Number:
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City Attor Date
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ceived in City rk's ice
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Finance and Internal Service Director Date
Received in Mayor's Office ggEpEp
Mayor Date
Comments:
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• RECEIVED 113 West Mountain
vl Fayetteville, AR -832Rye e e APR Z�Og Telephoax: (479) 718-8323
ARKANSAS Fax: (479) 718-7695
CITY OF RS OFF ICE ci clerk@ci.fa etteville.ar.us
MAYOR'S OFFICE �- y
City Clerk/Treasurer Division
April 7, 2008
Honorable Dan Coody, Mayor
City Administration Building
113 W. Mountain
Fayetteville, AR 72701
RE: Petition to form Fayetteville Municipal Property Owners'
Improvement District No. 25
Falcon Ridge Subdivision Infrastructure Project
Dear Mayor:
Pursuant to Arkansas Code Ann. Sec. 14-94- 105 (e)(3), you are hereby notified that the
enclosed Petition to form Fayetteville Municipal Property Owners' Improvement District
No. 25 — Falcon Ridge Subdivision Infrastructure Project has been filed in the office of
the Fayetteville City Clerk. Pursuant to Ark. Code Ann. Sec. 14-94- 106 (a)( 1 ), I hereby
present you with the Petition.
Sincerely,
�n r�c t ,, i7
aft5t
ondra E. Smith
City Clerk/Treasurer
cc: Kit Williams, City Attorney
James N. McCord
RECEIVED
JAMES N. McCORD APR 0 7 2008
Attorney at Law CITY OF FAYE17EVILLE
217 E. DICKSON STREET CITY CLERKS OFFICE
SUITE #102
FAYETTEVILLE, ARKANSAS 72701
TELEPHONE (479) 695-1134
FACSIMLE (479) 442-1490
4mmccordlaw(cDal Itel. net
April 7, 2008
Sondra Smith VIA HAND DELIVERY
Fayetteville City Clerk
City Administration Building
113 West Mountain Street
Fayetteville, AR 72701
Re: Petition to Form Fayetteville Municipal Property Owners' Improvement
District No. 25- Falcon Ridge Subdivision Infrastructure
Project
Dear Ms. Smith:
Enclosed for filing in the office of the Fayetteville City Clerk are three executed
counterparts of a Petition to Form Fayetteville Municipal Property Owners' Improvement
District No. 25- Falcon Ridge Subdivision Infrastructure Project. Please file mark each
Petition, retain one for the City's permanent file and for presentation to the Mayor, and
return the other counterparts to me. The Petition is being filed under the Arkansas
Municipal Property Owners' Improvement District law, Ark. Code Ann. Sec. 14-94- 101
et seq.
Ark. Code Ann. Sec. 14-94- 106 provides:
(a)( 1 ) Upon the filing of the petition with the clerk, it shall be the
duty of the clerk to present the petition to the mayor.
(2) The mayor shall thereupon set a date and time not later than
fifteen ( 15) days after the date of the presentation of the
petition to the mayor, for a hearing before the governing body
for consideration of the petition.
(b)( 1 ) At the hearing, it shall be the duty of the governing body to hear
the petition and to ascertain whether those signing the petition
constitute all the owners of the real property to be located in the
district.
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(2) If the governing body determines that all the owners of the real
property to be located in the district have petitioned for the
improvements, it shall be its duty by ordinance to establish and lay
off the district as defined in the petition and to appoint the
commissioners named in the petition.
(c) The ordinance establishing the district shall be published within
thirty (30) days after its adoption by one ( 1 ) insertion in some
newspaper of general circulation in the municipality in which
the district lies.
Also enclosed for filing in the office of the City Clerk is an executed Title
Company Certificate of Property Ownership certifying that the improvement district
petition is signed by the owner of the record title to all the real property described in the
Petition. I have drafted and enclose an ordinance which would establish the district and
name the commissioners.
Formation of a municipal property owners' improvement district is merely a
financing alternative for the cost of subdivision infrastructure. The developer must
comply with all city development ordinances. The completed infrastructure
improvements are dedicated to the city.
The improvement district issues special assessment bonds, bond proceeds are
used to construct or purchase the improvements, the district levies an annual tax on each
lot in the district to pay debt service on the bonds, the annual taxes are collected by the
county tax collector and paid to the bond trustee, and the trustee makes debt service
payments to the bondholders.
Should there be any questions, please contact me.
Sincerely,
�j_*400 �
es N. McCord
pc: Kit Williams, City Attorney
Charles Sloan
ORDINANCE NO.
AN ORDINANCE TO ESTABLISH AND LAY OFF
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS'
IMPROVEMENT DISTRICT NO. 25- FALCON RIDGE
SUBDIVISION INFRASTRUCTURE PROJECT
WHEREAS, a Petition to form Fayetteville Municipal Property Owners' Improvement
District No. 25- Falcon Ridge Subdivision Infrastructure Project has been filed with the
Fayetteville City Clerk; and
WHEREAS, the City Clerk has presented said petition to the Mayor; and
WHEREAS, the Mayor has set April 15 , 2008, at 6:00 p.m. as the date and time for a
hearing before the Fayetteville City Council for consideration of said petition; and
WHEREAS, the Fayetteville City Council has determined from a title company
certificate of property ownership that those signing the petition constitute all the owners of the
real property to be located in the district; and
WHEREAS, the Arkansas Municipal Property Owners' Improvement District Law
provides at Ark. Code Ann. Sec. 14-94- 106(b)(2) that if the governing body determines that all
the owners of the record title to the real property to be located in the district have petitioned for
the improvements, it shall then be its duty by ordinance to establish and lay off the district as
defined in the petition and to appoint the commissioners named in the petition.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF FAYETTEVILLE, ARKANSAS:
Section 1 : That the real property described in Exhibit "A" attached hereto and made a
part hereof is hereby established and laid off as Fayetteville Municipal Property Owners'
Improvement District No. 25- Falcon Ridge Subdivision Infrastructure Project for the purpose of
constructing, purchasing, accepting as a gift or maintaining facilities for waterworks, recreation,
drainage, gas pipelines, underground trenches and excavations necessary for the installation by
public utilities or municipal utilities of electric and telephone distribution systems, sanitary
sewers, streets and highways including curbs and gutters, and sidewalks, together with facilities
related to any of the foregoing, or for more than one of those purposes.
1
Section 2 : The following three individuals are hereby appointed as commissioners of
said improvement district: Charles W. Sloan, Cynthia E. Sloan and Jay Mullis.
Section 3 : The name of said improvement district shall be Fayetteville Municipal
Property Owners' Improvement District No. 25- Falcon Ridge Subdivision Infrastructure Project.
Section 4: The district shall not cease to exist upon the acquiring, constructing or
completion of the improvements, but it shall continue to exist for the purposes authorized in Ark.
Code Ann., Title 14, Chapter 94.
PASSED and APPROVED this 15`h day of April 2008.
APPROVED: ATTEST:
By: By:
DAN COODY, Mayor SONDRA E. SMITH, City Clerk/Treasurer
2
EXHIBIT "A"
Falcon Ridge Subdivision :
Part of the NE'/4 of the SE'/4 and the Part of the SE'/4 of the SE'/4 of Section 19, Township16 N,
Range 29 W in Washington County, Arkansas and being more particularly described as follows:
Commencing at the NW comer of said NE'/4, SE '/4 thence south 557.95 feet, thence S89°55 ' 18"E
27.59 feet to the P.O.B, thence S89°55 ' 18"E 1292.94 feet, thence south 1422.01 feet, thence
N89056'30"W 822. 14, thence N00°04' 32"E 331 .32 feet; thence S89'51 ' 32"E 170.08 feet, thence
N00042 ' 14"W 436.08 feet, thence N00° 11 '46"E 421 .06 feet, thence N89°56 '21 "W 426.97 feet,
thence NOVI 1 '35" 120.06 feet, thence N89'55 ' 1 8"W 211 .25 •feet , thence NOO° 12'45" E 114. 14
feet to the P.O.B. ; containing 25 .51 acres more or less subject to easements and right of way of
record.
3
RECEIVED
NOTICE APR072008
7EVI
CITY OF FAYETTEVILLE
CITY CLERKS OFFICE
YOUR SIGNATURE HEREON SHOWS THAT
YOU FAVOR THE ESTABLISHMENT OF AN
IMPROVEMENT DISTRICT . IF THE DISTRICT
IS FORMED , YOU MAY BE CHARGED FOR
THE COSTS OF THE IMPROVEMENTS .
BEFORE THE CITY COUNCIL OF FAYETTEVILLE, ARKANSAS
PETITION TO FORM FAYETTEVILLE MUNICIPAL PROPERTY OWNERS'
IMPROVEMENT DISTRICT NO. 25- FALCON RIDGE SUBDIVISION
INFRASTRUCTURE PROJECT
For its petition to form Fayetteville Municipal Property Owners'
Improvement District No. 25- Falcon Ridge Subdivision Infrastructure Project, the
undersigned petitioner states:
1 . Petitioner is the record title owner to all of the real property described
in Exhibit "A" attached hereto and made a part hereof as reflected by the deed
records in the office of the Circuit Clerk and Ex-Officio Recorder of Washington ,
County Arkansas. All of said property is located within the corporate limits of the
City of Fayetteville , Arkansas.
2. Petitioner desires that the real property described in Exhibit "A"
attached hereto and made a part hereof be established and laid off into a
municipal property owners' improvement district pursuant to Ark. Code Ann . Sec.
14-94-101 et seq. for the purpose of constructing , purchasing , accepting as a gift
or maintaining facilities for waterworks, recreation , drainage, gas pipelines,
underground trenches and excavations necessary for the installation by public
utilities or municipal utilities of electric and telephone distribution systems,
sanitary sewers, streets and highways including curbs and gutters, and
sidewalks, together with facilities related to any of the foregoing , or for more than
one of those purposes.
3. Petitioner desires that the district shall not cease to exist upon the
acquiring , constructing or completion of the improvements, but it shall continue to
exist for the purposes authorized in Ark. Code Ann . , Title 14, Chapter 94.
4. Petitioner names the following three individuals, pursuant to Ark. Code
Ann. 14-94-105(a)(2)(B), as designated representatives of Petitioner to be
appointed as commissioners of the district: Charles W. Sloan, Cynthia E. Sloan
and Jay Mullis.
5. Petitioner proposes that the name of the district be Fayetteville
Municipal Property Owners' Improvement District No. 25- Falcon Ridge
Subdivision Infrastructure Project.
WHEREFORE , the undersigned Petitioner hereby petitions the City
Council of Fayetteville , Arkansas to adopt an ordinance establishing and laying
off the real property described in Exhibit "A" attached hereto and made a part
hereof into Fayetteville Municipal Property Owners' Improvement District No. 25-
Falcon Ridge Subdivision Infrastructure Project for the purpose of constructing ,
purchasing , accepting as a gift or maintaining facilities for waterworks recreation,
drainage, gas pipelines, underground trenches and excavations necessary for
the installation by public utilities or municipal utilities of electricity and telephone
distribution systems, sanitary sewers, streets including curbs and gutters, and
sidewalks, together with facilities related to any of the foregoing, or for more than
one of those purposes.
DATED this 3rd day of April, 2008.
CA J, LLC
An AIlt
By:1
Charles W. Sic
Authorized member
Exhibit "A"
Falcon Ridge Subdivision
Part of the NE 1/4 of the SE 1/4 and the Part of the SE '/4 of the SE'/, of Section 19, T 16 N,
R29 W in Washington County, Arkansas and being described as follows: Commencing
at the NW corner of said NE'/4, SE'/. thence south 557.95 feet, thence S89°55' 18" E 27.59
feet to the P.O.B, thence S89°55' 18"E 1292.94 Feet, thence south 1422.01 feet, thence
N89°56'30"W 822.14, thence N00°04'32"E 331.32 feet, thence S89°51'32"E 170.08 Feet,
thence N00°42' 14"W 436.08 feet, thence N00°11'46"E 421.06 Feet, thence N89°56'21"W
426.97 Feet, thence N00°1 135120.06 feet, thence N89°55' 18"W 211.25 Feet, thence
N00°12'45E 114.14 Feet to the P.O.B.; containing 25.51 Acres more or less subject to
easements and right of way of record.
RECEIVED
APR 072008
CITY OF FAYETTEVILLE
CITY CLERK'S OFFICE
BEFORE THE CITY COUNCIL OF FAYETTEVILLE, ARKANSAS
PETITION TO FORM FAYETTEVILLE MUNICIPAL PROPERTY OWNERS'
IMPROVEMENT DISTRICT NO. 25- FALCON RIDGE SUBDIVISION
INFRASTRUCTURE PROJECT
TITLE COMPANY CERTIFICATE OF PROPERTY OWNERSHIP
Heritage Land Title of Arkansas, Inc. hereby certifies that the deed records
in the office of the Circuit Clerk and Ex -Officio Recorder of Washington County,
Arkansas, reflect that the following is the owner of the record title to all of the real
property described in Exhibit "A" to the Petition to Form Fayetteville Municipal
Property Owners' Improvement District No. 25— Falcon Ridge Subdivision
Infrastructure Project, a copy of which Exhibit "A" is attached hereto and made a
part hereof:
CA J, LLC
Heritage Land Title of Arkansas, Inc. further certifies that all of said
property is located within the corporate limits of the City of Fayetteville, Arkansas.
DATED this 4t" day of April, 2008.
Heritage Land Title of Arkansas, Inc.
By:
Exhibit "A"
Falcon Ridge Subdivision
Part of the NE 1/4 of the SE 1/4 and the Part of the SE 1/4 of the SE 1/4
of Section 19, T 16 N,
R29 W in Washington County, Arkansas and being described as follows: Commencing
at the NW corner of said NE'/., SE '/4 thence south 557.95 feet, thence S89°55' 18"E 27.59
feet to the P.O.B. thence 389°55' 18'E 1292.94 Feet, thence south 1422.01 feet, thence
N89°56'30'W 822.14, thence N00°04'32"E 331.32 feet, thence S89°51 '32E 170.08 Feet,
thence N00°42' 14"W 436.08 feet, thence N00°11'46"E 421.06 Feet, thence N89°56'21"W
426.97 Feet, thence N00°1 1'35120.06 feet, thence N89°55' 18"W 211.25 Feet, thence
N00°12'45E 114.14 Feet to the P.O.B.; containing 25.51 Acres more or less subject to
easements and right of way of record.
4.18.08) Clarice Pearman - Ord. 5130 Page 1
From: Clarice Pearman
To: Smith, Sondra
Date: 4.18.08 3:44 PM
Subject: Ord. 5130
Attachments: 5130 Falcon Ridge Subdivision-MPOID Dist 25.pdf
CC: Audit
Sondra:
Attached is a copy of the above ordinance regarding the establishing of MPOID District 25. Please let me know if there is
anything else needed for this item. Have good weekend.
Thanks.
Clarice
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROVEMENT DISTRICT
NO. 25- FALCON RIDGE SUBDIVISION INFRASTRUCTURE PROJECT
CERTIFICATE OF DEDICATION
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROVEMENT
DISTRICT NO. 25- FALCON RIDGE SUBDIVISION INFRASTRUCTURE PROJECT
(the "District") hereby dedicates and transfer to the CITY OF FAYETTEVILLE,
ARKANSAS, for use by the general public, all of the streets, curbs, gutters, water lines,
wastewater lines and storm water drainage improvements and related facilities located
within the District which property comprises Falcon Ridge Subdivision as described in
Exhibit "A" attached hereto and made a part hereof.
Dated June 19, 2008.
FAYETTEVILLE MUNICIPAL PROPERTY
OWNERS' IMPROVEMENT DISTRICT
NO.25 - FALCON RIDGE SUBDIVISON
INFRAS TURF P J C
By:
C arles W. Sl hairman
COUNTY OF WASHINGTON )
)ss.
STATE OF ARKANSAS )
Subscribed and sworn to before me a notary public this th day of June, 2008.
Not P blic
My commissioner expires: 15
SEAL MALLORY M. BRYANT
NOTARY PUBLIC -STATE OF ARKANSAS
WASHINGTON COUNTY
My Commission Expires 05-15-2015
RECEIVED
JUN 232008
CITY OF FAYETTEVILLE
CITY CLERK'S OFFICE
Exhibit "A"
Falcon Ridge Subdivision
Part of the NE'/, of the SE '/4 and the Part of the SE '/< of the SE 74 of Section 19, T 16 N,
R29 W in Washington County, Arkansas and being described as follows: Commencing
at the NW corner of said NE 74, SE 74 thence south 557.95 feet, thence S89°55' l8"E 27.59
feet to the P.O.B, thence S89°55l8"E 1292.94 Feet, thence south 1422.01 feet, thence
N89°56'30"W 822.14, thence N00°04'32"E 331.32 feet, thence S89°51'32"E 170.08 Feet,
thence N00°42' 14"W 436.08 feet, thence N00°11'46"E 421.06 Feet, thence N89°56'21"W
426.97 Feet, thence N00°11'35'120.06 feet, thence N89°55' 18"W 211.25 Feet, thence
N00°1245E 114.14 Feet to the P.O.B.; containing 25.51 Acres more or less subject to
easements and right of way of record.
RECEIVED
MAY 0 2 2008
CITY OF FAYETTEVILI$
CITY CLERK'S OFFICE'
NORTHWEST ARKANSAS EDITION
•
Benton County Daily Record
P. O. BOX 1607
FAYETTEVILLE, AR 72702
PHONE: 479-571-6421
AFFIDAVIT OF PUBLICATION
I, Cathy Wiles, 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: City of
Fayetteville — Ordinance 5130
April 23,2008
Publication Charge: $116.05
Subscribed and sworn to before me
Thisa5day of a L 2008.
Notary Public _�^ ,GQ_
My Commission Expires: 'yyfa, G, 010/,2
Do not pay from Affidavit, an invoice will be sent
RECEIVED
MAY 0 2 2008
CITY OF FAYETTEVILLE
CITY CLERKS OFFICE
ORDINANCE NO. 5130
FA ORDINANCE NI ESTABLISH AND LAY OFF e evl le
IMPROVEMENT DISTRICT NO. 25- FALCON RIDGE Y
SUBDIVISION INFRASTRUCTURE PROJECT
ARKANSAS
WHEREAS, l a PO ne to form Fayetteville
No. 25- Fl Properly ubImnovemuct ProjectSubdivision Infrastructure has been filed with the Fayetteville City Clerk;
and
WHEREAS, the City Clerk has presented said petition to the Mayor; and
WHEREAS, the Mayor has set April 15, 2008, at 6:00 p.m. as the date and time for a hearing before
the Fayetteville City Council for consideration of said petition; and
WHEREAS, the Fayetteville City Council has determined from a title company certificate of prop-
erty ownership that those signing the petition constitute all the owners of the real properly to be locat-
ed in the district; and
WHEREAS, the Arkansas Municipal Properly Owners' Improvement District Law provides at Ark.
Code Ann. Sec. 14-94-106(b)(2) that it the governing body determines that all the owners of the
record title to the real property to be located in the district have petitioned for the improvements. It
shall then be its duty by ordinance to establish and lay off the district as defined in the petition and
to appoint the commissioners named in the petition.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1: That the real property described in Exhibit -A- attached hereto and made a pan hereof is
hereby established and laid off as Fayetteville Municipal Property OwnersImprovement District No,
25- Falcon Ridge Subdivision Infrastructure Project for the purpose of constructing, purchasing,
accepting as a gift or maintaining facilities for waterworks, recreation, drainage, gas pipelines,
underground trenches and excavations necessary far the installation by public utilities or municipal
utilities of electric and telephone distribution systems, sanitary sewers, streets and highways includ-
ing curbs and gutters, and sidewalks. together with facilities related to any of the foregoing, or for
more than one of those purposes.
Section 2: The following three Individuals are hereby appointed as commissioners of said improve-
ment district: Charles W. Sloan, Cynthia E. Sloan and Jay Mullis,
Section 3: The name of said improvement district shelf be Fayetteville Municipal Property Owners'
Improvement District No, 25- Falcon Ridge Subdivision Infrastructure Project.
Section 4: The district shall not cease to exist upon the acquiring, constructing or completion of the
improvements, but it shall continue to exist for the purposes authorized in Ark. Code Mn., Title 14,
Chapter 94.
PASSED and APPROVED this 15th day of April, 2008
ATTEST:
By:
SONDRA E. SMITH, City CIwWflflPFurr
EXHIBIT'A'
Falcon Ridge Subdivision:
Pan of the NE1/4 of the SE1/4 and the Part of the SE1/4 of the SEI/4 of Section 19, Townshlpl6 N,
Range 29 W in Washington County, Arkansas and being more particularly described as follows'.
Commencing at the NW corner of said NE1/4, SEII4 thence south 557.95 feet, thence 589°55'18'E
27.59 feet to the P.O.B, thence S89°5518'E 1292.94 feet, thence south 1422.01 feet. thence
N89°5630W 822.14, thence N00°04'32E 331.32 feet, thence Si 170.08 feet, thence
N00°42'14'W 436.08 feet, thence N00°11'46E 421.06 feet. thence N69°56'21"W426.07 426.97 feet, thence
N00°1135'120.06 feet, thence N89°55'18W 211.25 feet , thence N00°1245' E 114.14 feel to the
P.O.B.; containing 25.51 acres r, re or less subject to easements and night of way of record.
RECEIVED
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROVEMENT MAY 022008
DISTRICT NO.25 - FALCON RIDGE SUBDIVISION INFRASTRUCTUREcIrY OF FAYETTEVILLE
PROJECT CITY CLERKS OFFICE
COMMISSIONER'S OATH OF OFFICE
I, CHARLES W. SLOAN, A COMMISSIONER OF FAYETTTEVILLE MUNICIPAL
PROPERTY OWNERS' IMPROVEMENT DISTRICT NO. 25- FALCON RIDGE
SUBDIVISON INFRASTRUCTURE PROJECT, HEREEBY SWEAR TO
SUPPORT THE CONSTITUTION OF THE UNITED STATES AND THE
CONSTITUTION OF THE STATE OF ARKANSAS, TO DISCHARGE
FAITHFULLY MY DUTY AS AN IMPROVEMENT DISTRICT COMMISSIONER,
AND TO NOT BE INTERESTED, DIRECTLY OR INDIRECTLY, IN ANY
CONTRACT LET BY THE BOARD EXCEPT UPON THE APPROVAL OF ALL
THE OWNERS OF REAL PROPERTY IN THE DISTRICT.
CHARLES W.SI AN
STATE OF ARKANSAS
COUNTY OF WASHINGTON
On this the day of April, 2008, before me, the undersigned
notary public, personally appeared Charles W. Sloan , known to me (or
satisfactorily proven) to be the person whose name he subscribed to the within
instrument and acknowledged that he executed the same for the purposes
therein contained.
In witness whereof I hereunto set m�and and official seal.
NOTARY PUBLIC
SEAL
LISA NEELEY
.'m r MY C0MMISSI0N# 12347756
EXPIRES: April 28,2016
Washington County
RECEIVED
MAY 022008
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROVEMEQ(T'y OF FAYETTEVILLE
DISTRICT NO.25 - FALCON RIDGE SUBDIVISION INFRASTRUCTURE CLERKS OFFICE
PROJECT
COMMISSIONER'S OATH OF OFFICE
I, CYNTHIA E. SLOAN, A COMMISSIONER OF FAYETTTEVILLE MUNICIPAL
PROPERTY OWNERS' IMPROVEMENT DISTRICT NO. 25- FALCON RIDGE
SUBDIVISON INFRASTRUCTURE PROJECT, HEREEBY SWEAR TO
SUPPORT THE CONSTITUTION OF THE UNITED STATES AND THE
CONSTITUTION OF THE STATE OF ARKANSAS, TO DISCHARGE
FAITHFULLY MY DUTY AS AN IMPROVEMENT DISTRICT COMMISSIONER,
AND TO NOT BE INTERESTED, DIRECTLY OR INDIRECTLY, IN ANY
CONTRACT LET BY THE BOARD EXCEPT UPON THE APPROVAL OF ALL
THE OWNERS OF REAL PROPERTY IfTHE D$WICT.
E.
STATE OF ARKANSAS
COUNTY OF WASHINGTON
On this the day of April, 2008, before me, the undersigned
notary public, personally appeared Cynthia E. Sloan, known to me (or
satisfactorily proven) to be the person whose name she subscribed to the within
instrument and acknowledged that she executed the same for the purposes
therein contained.
In witness whereof I hereunto set m hand and official seal.
NOTARY PUBLIC
SEAL
'' ' USA NEELEY
ON#1
b..,, MY COMMISSION & 12347756
t """ ; EXPIRES: ApriI26, 2016
",^ s' Washington County
MAY 0 2 2008
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROV15iK OFFICE E
DISTRICT NO.25 - FALCON RIDGE SUBDIVISION INFRASTRUCTURE
PROJECT
COMMISSIONER'S OATH OF OFFICE
I, JAY MULLIS, A COMMISSIONER OF FAYETTTEVILLE MUNICIPAL
PROPERTY OWNERS' IMPROVEMENT DISTRICT NO. 25- FALCON RIDGE
SUBDIVISON INFRASTRUCTURE PROJECT, HEREEBY SWEAR TO
SUPPORT THE CONSTITUTION OF THE UNITED STATES AND THE
CONSTITUTION OF THE STATE OF ARKANSAS, TO DISCHARGE
FAITHFULLY MY DUTY AS AN IMPROVEMENT DISTRICT COMMISSIONER,
AND TO NOT BE INTERESTED, DIRECTLY OR INDIRECTLY, IN ANY
CONTRACT LET BY THE BOARD EXCEPT UPON THE APPROVAL OF ALL
THE OWNERS OF REAL PROPER THE DISTRICT.
JA MULLIS
STATE OF ARKANSAS
COUNTY OF WASHINGTON
On this the �k day of April, 2008, before me, the undersigned
notary public, personally appeared Jay Mullis , known to me (or satisfactorily
proven) to be the person whose name he subscribed to the within instrument and
acknowledged that he executed the same for the purposes therein contained.
In witness whereof I hereunto set my hand and official seal.
NOTARY PUBLIC
SEAL OFFICIAL SEAL
CLARA J. PETERS
NOTARY PUBLIC . ARKANSAS
WASHINGTON COUNTY
COMMISSION EXP 08/17/2014
S3v
RECEIVED
MAY 232008
Gin OF C
CITY CLERK'S OFFICE
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROVEMENT
DISTRICTNO. 25 - FALCON RIDGE SUBDVSION INFRASTRUCTURE
PROJECT
ASSESSOR'S OATH
I, Lynn Gregson, Assessor for Fayetteville Municipal Property Owners'
Improvement District No. 25 — Falcon Ridge Subdivision Infrastructure Project
hereby swear that I will well and truly assess all benefits that will accrue to the
landowners of the District by reason of the improvements.
lfInn ?son .
State of Arkansas
)ss.
County of Benton
On the �3 day of May, 2008, before me, the undersigned notary
public personally appeared Lynn Gregson, known to me, (or satisfactorily proven)
to be the person whose name he subscribed to the within instrument and
acknowledged that he executed the same for the purposes therein contained.
In witness whereof, I hereunto set my hand and official seal.
�.
Notary Public
SEAL
RECEIVED
JUN 022008
CITY OF FAYETTEVILLE
CITY CLERK'S OFFICE
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROVEMENT DISTRICT
NO. 25- FALCON RIDGE SUBDIVISION INFRASTRUCTURE PROJECT
ASSESSMENT OF BENEFITS
Prepared by: Lynn Gregson, District Assessor
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROVEMENT DISTRICT
NO. 25 - FALCON RIDGE SUBDVSION INFRASTRUCTURE PROJECT
Lot/Unit
Designation
Assessed Value
of Lands Prior to
Improvement
Assessed Value of
Lands After
Improvement
Assessed
Benefits
Assessed
Damages
Estimated Cost
Associated with
Infrastructure
Owner of Record
1
$
10,684
$
67,500
$
56,816
$ -
$
53,518
CAJ, LLC
2
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
3
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
4
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
5
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
6
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
7
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
8
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAI, LLC
9
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
10
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
11
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
12
$
7,259
$
65,000
$
57,741
$ -
$
54,389
CAJ, LLC
13
$
7,812
$
66,500
$
58,688
$ -
$
55,281
CAJ, LLC
14
$
11,922
$
67,500
$
55,578
$ -
$
52,351
CAJ, LLC
15
$
6,847
$
65,000
$
58,153
$ -
$
54,777
CAI, LLC
16
$
7,314
$
65,000
$
57,686
$ -
$
54,337
CAJ, LLC
17
$
7,643
$
65,000
$
57,357
$ -
$
54,027
CAJ, LLC
18
$
13,627
$
68,000
$
54,373
$ -
$
51,217
CAJ, LLC
19
$
12,174
$
67,500
$
55,326
$ -
$
52,115
CAJ, LLC
20
$
12,168
$
67,500
$
55,332
$ -
$
52,120
CAJ, LLC
21
$
11,908
$
67,500
$
55,592
$ -
$
52,365
CAJ, LLC
22
$
11,652
$
67,500
$
55,848
$ -
$
52,606
CAJ, LLC
23
$
11,715
$
67,500
$
55,785
$ -
$
52,546
CAJ, LLC
24
$
11,779
$
67,500
$
55,721
$ -
$
52,487
CAJ, LLC
25
$
11,841
$
67,500
$
55,659
$ -
$
52,428
CAJ, LLC
26
$
11,900
$
67,500
$
55,600
$ -
$
52,372
CAJ, LLC
27
$
11,901
$
67,500
$
55,599
$ -
$
52,371
CAJ, LLC
28
$
11,883
$
67,500
$
55,617
$ -
$
52,388
CAJ, LLC
29
$
11,866
$
67,500
$
55,634
$ -
$
52,405
CAJ, LLC
30
$
11,848
$
67,500
$
55,652
$ -
$
52,421
CAJ, LLC
31
$
17,898
$
73,500
$
55,602
$ -
$
52,374
CAJ, LLC
32
$
8,021
$
66,500
$
58,479
$ -
$
55,084
CAI, LLC
33
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
34
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
35
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
36
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
37
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
38
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
39
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
40
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
41
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
42
$
7,612
$
66,500
$
58,888
$ -
$
55,470
CAJ, LLC
43
$
8,020
$
66,500
$
58,480
$ -
$
55,085
CAJ, LLC
44
$
8,021
$
66,500
$
58,479
$ -
$
55,084
CAJ, LLC
45
$
7,612
$
66,500
$
58,888
$ -
$
55,470
CAJ, LLC
46
$
7,611
$
66,500
$
58,889
$ -
$
55,470
CAJ, LLC
47
$
7,611
$
66,500
$
58,889
$ -
$
55,470
CAJ, LLC
48
$
7,611
$
66,500
$
58,889
$ -
$
55,470
CAJ, LLC
49
$
7,611
$
66,500
$
58,889
$ -
$
55,470
CAJ, LLC
50
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
51
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAI, LLC
52
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
53
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
54
$
7,611
$
66,500
$
58,889
$ -
$
55,471
CAJ, LLC
55
$
8,021
$
66,500
$
58,479
$ -
$
55,084
CAJ, LLC
56
$
9,711
$
67,000
$
57,289
$ -
$
53,963
CAJ, LLC
57
$
7,196
$
66,500
$
59,304
$ -
$
55,861
CAJ, LLC
58
$
7,253
$
66,500
$
59,247
$ -
$
55,808
CAJ, LLC
59
$
7,260
$
66,500
$
59,240
$ -
$
55,801
CAJ, LLC
60
$
8,689
$
66,500
$
57,811
$ -
$
54,455
CAI, LLC
1 of 2
FAYETTEVILLE MUNICIPAL PROPERTY OWNERS' IMPROVEMENT DISTRICT
NO. 25 - FALCON RIDGE SUBDVSION INFRASTRUCTURE PROJECT
.LoUUnit
Assessed Value
Assessed Value of
Assessed
Estimated Cost
Designation
of Lands Prior to
Lands After
Assessed Benefits
Damages
Associated with
Owner of Record
Improvement
Improvement
Infrastructure
61
$ 8,929
$ 66,500
$ 57,571
$ -
$ 54,229
CAJ, LLC
62
$ 16,546
$ 70,000
$ 53,454
$ -
$ 50,351
CAJ, LLC
63
Common Area
$
$ -
$ -
$ -
-. CAJ, LLC
64
Common Area
$: -.
$ -
$ -
$
HCAJLLC
65
Detention
$ -.$
-
$ -
$ -
CAJ, LLC
66
Detention
$ -
$ -
$ -
$ -
- CM, LLC
$ 556,120
$ 4,128,500
Total Assessed Benefits: $ 3,572,380 Total Cost $ 3,365,000
2 oft