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HomeMy WebLinkAbout49-70 RESOLUTIONRESOLUTION NO. re20 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 OF SEWER IMPROVEMENTS IN THE AREA OF DENVER AND HADDON STREETS 1. In accordance with Resolution No. 43-70 passed and approved by the Board of Directors on August 3, 1970, the City Manager was authorized to perform studies for the sewer improvements 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. 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 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 1350 rfeetpof vitrified clay pipe on Haddon Street with tw6,61.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 in the area of Denver and Haddon Streets is $12,540.44. 4. It is proposed that the City would pay $0 of the project cost with an assessment 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 improve- ments. 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 percent 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 which would be made against each lot or parcel of property are as follows: TRACT APPROXIMATE ASSESSMENT Lot 6 Grandview Heights AdditiOnft $374.34 Lot 7 Grandview Heights Addition 374.34 Lot 8 Grandview Heights Addition 374.34 Lot 9 Grandview Heights Addition 374.34 Lot 10 and the North 10' of Lot 11 Grandview Heights Addition 374.34 Lot 12 and the South part of Lot 11 Grandview Heights Addition 374.34 Lot 13 and the South 10' of Lot 14 Grandview Heights Addition 374.34 Part of Lot 14, Grandview Heights Addition 374.34 Lot 15, Grandview Heights Addition 374.34 Lot 16, Grandview Heights Addition 374.34 Lot 17, Grandview Heights Addition 374.34 Lot 18, Grandview Heights Addition 374.34 • • Lot 19, Lot 20, Lot 21, Lot 22, Lot 23, Lot 24, Lot 25, Lot 26, Lot 27, Lot 28, Lot 29, Lot 30, Lot 31, Lot 32, Lot 33, Lot 34, Lot Grandview Grandview Grandview Grandview Heights Heights Heights Heights Grandview Heights Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview Grandview 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 1, Block 1 County Club Addition, except the East 50 feet thereof 374.34 41: 374.34 374.34 374.34 374.34 374.34 374.34 187.17 374.34 374.34 374.34 374.34 374.34 374.34 374.34 374.34 374.34 East 50 feet of Lot 1, Block 1, Country Club Addition Lot 1, Block 2, Country Club Addition Lot 10, Block 2, Country Club Addition Lot 1, Block 3, Country Club Addition 374.34 374.34 374.34 374.34 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 improve- ments;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 test.4.54.2 elate— Marilcms+M nto ritN, Clark 1970. te 67,4 d Garland Me on Jr. ayor