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HomeMy WebLinkAbout42-23 RESOLUTIONRESOLUTIO N. ihei425 WHEREAS, on the 29th day of October, 1923,a Petition signed by more than ten owners of real property was presented to. the COuncil, request- ing that steps be taken to form an Improvement District to embrace the property described and therein set forth: WHEREAS, on the 29th day of October, 1923, an Ordinance numbered 492 was paseed, forming the said District as set forth in the above named Petition; WHEREAS, on the 12th day of November, 1923, a Petition was presented to the said Council, signed by persons claiming to constitute a majority in assessed valuation of all real property located within the District, as set forth in said Petition and Ordinance aforesaid; WHEREAS, the Council did on the 12th day of November, 1923, order and direct the City Clerk of the City of Fayetteville, Arkansas, to give notice by publication, once a week for two weeksiadvising all persons that on the 3d day of December, 1923, the CoUncil would take that last named Petition under consideration, and would at that time determine whether or not same was signed by the majority in assessed valuation of all real property within the said District; WHEREAS, said notice was so published by said Clerk in accordance with law; and WHEREAS, said time for said hearing has arrived, and said hearing has been duly and properly had: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: SECTION ONE: That, after careful consideration, the City Council of the City of Fayetteville, Arkansas, finds that there is a total as- sessed valuation of (,,,4 two,cio?‘ of real property within said District, ac- cording to the last named assessment on file in the office of the County Clerk of Washington County, Arkansas, and that persons signing said Pe- tition own property within said District of the assessed valuation of 4 10 2 tio; Do according to said assessment. • 2. SECTION TWO: That it is the finding of said City Council of said City of Fayetteville, Arkansas, that the majority in assessed valuation of owners of real property within University Improvement District Num- ber One of the City of Fayetteville, Arkansas, have signed said Petie tion; and the said District is hereby formed by said City Council of said City of Fayetteville, A rkansas. SECTION THREE: In consideration of the said Petitions, the City Council has been guided by the certificate of the Circuit Clerk of said County, as to the ownership of said real property, and by the certifi- cate of the County Clerk of said County as to the assessed valuation of said real property. SECTION FOUR: That all Resolutions or parts of Resolutions in con- flict herewith be, and the same are hereby repealed, and this Resolution shall be in force and effect from and after its passage and approval. Passed and approved this 3d day of Jecember, 1923. 0-vv\_AA Attest; Approved: AIWA \MAAALCL, Clerk, Mayor. •