HomeMy WebLinkAbout20-70 RESOLUTION•
RESOLUTION NO. Q —
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 Leverett Avenue from North
Street to Poplar Street, 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
TFVERETT AVENUE FROM NORTH STREET TO POPLAR STREET
1. In accordance with Resolution No. 11-70passed and approved
by the Board of Directors on May 4, 1970, the City Manager was
authorized to perform studies for the improvement of Leverett Avenue
from North Street to Poplar Street.
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 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 Leverett .Avenue from North Street
to. Poplar Street. Necessary improvements include excavation of
the existing pavement; construction of base to meet current City
standards; repaving with two (2) inches of hot mix asphaltic materials,
twenty-six (26) feet wide; installation of a four (4) foot concrete
sidewalk on the West side of said street in lieu of curb and gutter;
and installation of curb and gutter on the East side of said street.
3. The total estimated project cost for street reconstruction
on Leverett Avenue from North Street to. Poplar Street is $43,962.00..
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4. It is proposed that the Citytwould;pay $27,838.00 of the
project cost with an assessment of $16,124.00 being levied against
the real property benefited by the proposed improvements to reimburse
the City for a portion of the cost,ofthe improvements.
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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
The 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 which would be made against
each lot or parcel of property are as follows:
TRACT
Lot 1 -
College
Lot 3, B
College
Lot 4, B
College
Lot 5, B
College
Lot 6, B
College
2, Block 1
Addition
Lots 1-3
College
Lots. 4-6
College
Tract G
Tract H
Tract I
Tract J
Tract K
Tract L
lock 1
Addition
lock 1
Addition
lock 1
Addition
lock 1
Addition
, Block 2
Addition
, Block 2
Addition
APPROXIMATE ASSESSMENT
$ 220.00
110 00
110.00
110..00
110.00
330.00
330.00
418.00
462.00
462.00
165.00
253.00
264.00
Tract M
Tract N
Tract 0
Tract P
Tract Q
Tract R
Tract S
Tract T
Tract U
Tract V
Tract W
Tract #13
Tract #12
Tract #11
Tract #10
Tract #9
Tract #7
Tract #6
Tract #5
Tract #4
Tract #3
Tract #2
Tract #1
Lot .7,b Block 10
Valley View Acres 227.00
Lot 6, Block 10
Valley View Acres 318.00.
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$ 198.00
308.00.
154.00
154.00
231.00
231.00
242.00
220.00
132.00
139.00.
169.00
1,342.00.
440.00.
183.00..
198.00.
231.00.
495.00
264..00.
429.00
297.00
462.00
231.00
"660.00
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-t."awe ,
Lot 5 and 7A Block 10
Valley View Acres
Lot 4, Block 10
Valley View Acres
Lots 5, 6, 7, & 8, Block
Valley View Acres
Tract Z
Tract Y
Tract X
Lot 15, Block 3
Bel -Air Acres 2nd
Lot 9, Block 2
Bel -Air Acres 2nd
9
Additionk
Addition
Lot 10, Block 3
Bel -Air Acres 2nd Addition
Lot 20, Block 4
Bel -Air Acres
Lot 1, Block 4
Bel -Air Acres
Lot 1, Block 1
Bel -Air Acres
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604.00
274.00
1,425.00
154.00
176.00
440.00
235.00
308.00
321.00
295.00
295.00
299.00
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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.
PASSED AND APPROVED this / l7" day of
ATTEST:
ariYy444_
M o e, City Cle
42„
Garland Melton
1970.
Mayor