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HomeMy WebLinkAbout44-70 RESOLUTIONRESOLUTION NO WHEREAS, the Board of Directors of the City of Fayetteville, Arkansas, a municipal corporation, did cause studies to be made of the needs for sewer improvements in the area of Denver and Haddon Streets in the City of Fayetteville, 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 SEWER IMPROVEMENTS -IN THE -AREA OF DENVER AND HADDON STREETS 1. In accordance with Resolution No. 43-7ipassed and approved by the Board of Directors on 3. Entl,the City Manager was authorized to perform studies for he 'sewer improve- ments in the area of Denver and Haddon Streets. 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. 0. 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 sewer improvement project should include: A. Installation of 880 feet of vitrified clay pipe on Denver Street with one 6' manhole and two drop manholes. B. Installation of 135U feet of vitrified clay pipe on Haddon Street with two 6' manholes and two drop manholes. C. Installation of 600 feet of vitrified clay pipe on Highway 71 South with two 6' manholes. D. Installation of 230 feet of vitrified clay pipe on Peach Street with one 6' manhole. (A plat showing the location of the proposed improvements is on .file in -the office of the City Engineer), 3. The total estimated project cost for sewer' construc- tion inthe1iti ofoinvetand Haddon Streets is 312,540.44. 4. It is proposed that the City would pay 30 of the project cost with an asseisment of $12,540,44 being 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-proposeethat-the property owne4) be given a choice of paying. the assessments levied in,a lump,aum payable within thirty 130) -days after the completiOn of the proposed improvements, or in .ten (10) equal annual •installments bearing interest at-thnate-of ten -per cent per annum. If the property owner(s) choose(i)the initallment method of payment, the first installment shall be collected on or before October 1, 1970. Second and subsequent installments shall be paid at the rtime provided by laurfoi 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 APPROXIMATE ASSESSMENT Lot e Grandview Heights Addition Lot 6 Grandview Heights Addition Lot 7 Grandview Heights Addition Lot 8,Grandview Heights AdditiOn Lot 9 Grandview Heights Addition Lot 10 and the North 10' of Lot 11 Grandview Heights Addition - • Lot 12 and the South part of Lot 11 Grandview Heights Addition Lot 13:and the South 10' of Lot 14 Grand:dew:Heights Addition Part of Lot 14, Grandview Heights Addition Lot Lot Lot Lot Grandview Grandview Grandview Grandview Heights Heights Heights Heights Addition Addition -Addition Addition 14?5:10,, 425.10 425.10 425.10' 425,10 425.10 425,10 425,10 425,10 425,10 425.10 425.10 425.10 TRACT, Lot 19, Lot 20, Lot 21; Lot 220 Lot 23, Lot 24, Lot 25, Lot 26 Lot 27 Lot 28, Lot 29 Lot 30, Lot 31 Lot 32 Lot 33, Lot 34, Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Heights Heights Heights Heights Heights Heights Heights Heights Heights Heights Heights Heights Heights Heights Heights Heights Addition Addition Addition Addition Addition Addition Addition Addition Addition Addition Addition Addition Addition Addition Addition Addition APPROXIMATE ASSESSMENT 11425.10 425.10 425.10 425.10 425.10 425.10 212.55 425.10 425.10 425.10 425.10 425.10 425.10 425.10 425.10 425.10 NOW, :THEREFORE, SUIT RESOLVED by the Board of Directors of the City of Fayetteville, Arkansas, that said municipality indi- cates the desire to undertake the above described improvements provided the owners ofia majority in value of the real estate to be atsessed4agree'to repay said municipaliti the portion of the cost described above through uniform assessed benefits upon each lot or parcel of property described above. PASSED AND APPROVED this 3 day of ATTEST: V2yeilo 1112/CaltiCc--- • APPROVED: 1970. Garland Melton, Mayor