HomeMy WebLinkAbout18-70 RESOLUTION•
RESOLUTION NO. /g-,77
WHEREAS, the Board of Directors of the City of Fayetteville,
Arkansas, a municipal corporation, did cause studies to be made of
the needs for street improvement to Cedar Street from Lewis Avenue
to North Oak Avenue, and
WHEREAS, pursuant to the above-described studies the Board of
Directors of the City of Fayetteville, Arkansas, has received from
the City Manager certain findings and determinations, which findings
and determinations are as follows, to -wit:
REPORT ON IMPROVEMENT OF
CEDAR STREET FROM LEWIS AVENUE TO NORTH OAK AVENUE
1. In accordance with Resolution passed and approved by the
Board of Directors on May 4, 1970, the City Manager was authorized
to perform studies for the improvement of Cedar Street from Lewis
Avenue to North Oak Avenue.
These instructions required a report to be made to the Board of
Directors containing the following listed data:
A. Determination of necessary improvements.
B . Determination of the approximate cost of said improvements.
C. The means available for financing same.
D . The portion thereof which the municipality is willing and
able to to pay.
E . The approximate assessment which would be made against each
lot or parcel of property.
2. The proposed street improvement project should include complete
street reconstruction on Cedar Street from Lewis Avenue to North Oak
Avenue. Necessary improvements include excavation of the existing
pavement; construction of base to meet current City standards;
repaving with two (2) inches of hot mix asphalt materials, twenty-
six (26) feet wide; installation of curbs and gutters; and installation
of a sidewalk.
3. The total estimated project cost for street reconstruction
on Cedar Street from Lewis Avenue to North Oak Avenue is $6;593:00:`:;
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4. It is proposed that the.Cit_y would pay $0.00 of the project
cost with an assessment of $6,593oosbeing levied against the real
property benefited by the proposed improvements to reimburse the
City for a portion of the cost of the improvements.
5. It is proposed that the property owner(s) be given a choice
of paying the assessments levied in a lump sum payable within thirty
(30) days after the completion of the proposed improvements, or
in ten (10) equal annual installments bearing interest at the rate
of ten per cent per annum. If the property owner(s) choose(s)
the installment method of payment, the first installment shall
be collected on or before October 1, 1970. Second and subsequent
installments shall be paid at the time provided by law for paying
the final installment of general taxes on the property.
6. The approximate assessments
lot or parcel ofjproperty are as fol
A • 1 1 A'
TRACT
#1 on map attached hereto
which would be made against each
Tows: y 1
5-4
o° r +
APPROXIMATE"ASSESSMENT
Lot 1 Pittman's NW Subdivision
Lot 2 Pittman's NW Subdivision
Lot 3 Pittman's NW Subdivision
Lot 4 Pittman's NW Subdivision
#2 on map attached hereto
Lot 10 Pittman's NW
Lot 11 Pittman's NW
Lot 12 Pittman's NW
Subdivision
Subdivision
Subdivision
Lot 12-A Pittman's NW Subdivsi=on
$990
660
541
541
541
878
594
594
594
660
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the.
City of Fayetteville, Arkansas, that said municipality indicates the
desire to undertake the above described improvements provided the
owners of a majority in value of the real estate to be assessed agree
to repay said municipality the portion of the cost described above
through uniform assessed benefits upon each lot or parcel of property
described above.
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IICC and the fourth insertion on the ____-_--._________ dao
STATE of ARKANSAS
County of Washington
SS.
___, hereby certify that I
am the (Qenei�l Manager j of THE NORTHWEST ARKANSAS TIMES,
a daily n 'spaper having a second class mailing privilege, and being not
less than four pages of fve columns each, published at a fixed place of
business and at a fixed (daily) intervals continuously in the City of
Fayetteville, County of Washington, Arkansas for more than a period
of twelve months, circulated and distributed from an established place of
business to subscribers and readers generally of all classes in the City
& County for a definite price for each copy, or a fixed price per annum,
which price was fixed at what is considered the value of the publication,
based upon the news value and service value it contains, that at least fifty
percent of the subscribers thereto have paid cash for their subscriptions
to the newspaper or its agents or through recognized news dealers over a
period of at least six months; and that the said newspaper publishers an
average of more than forty percent news matter.
I further certify that the legal notice hereto attached in the matter of
was published in the regular daily issue of said newspaper
consecutive insertions as follows:
all
3 <;. The first insertion on the —__ �__ _ day of
•Imo mS�s �Sa � �s�a
e
19 7e
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Sworn to and subscribed before me on this .__otrid
__ day of
'1
My Commission Expires:
19_70
N arc
Fees for Printing
Cost of Proof
Total
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