HomeMy WebLinkAbout50-72 RESOLUTIONa
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RESOLUTION N0. �jA=7?e
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 Stone Street from Eastern
Avenue to a point four hundred eight and one half (408.5) feet
West of Lewis Avenue, on Lewis Avenue from Mitchell Street to
Stone Street and on Mitchell Street from Lewis Avenue to a point
four hundred eight and one half (408.5) feet West of Lewis Avenue.
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 STONE STREET FROM
EASTERN AVENUE TO A POINT FOUR HUNDRED EIGHT
AND ONE HALF (408.S) FEET WEST OF LEWIS AVENUE,
ON LEWIS AVENUE FROM MITCHELL STREET TO STONE
STREET AND ON MITCHELL STREET FROM LEWIS
AVENUE TO A POINT FOUR HUNDRED EIGHT AND ONE
HALF (408.S) FEET WEST OF LEWIS AVENUE.
1. In accordance with Resolutioni..No.' 4 Z passed and
approved by the Board of Directors on November 8, 1972, the City
Manager was authorized to perform studies for the improvement of
Stone Street from Eastern Avenue to a point four hundred eight and
one half (408.5) feet West of Lewis Avenue, on Lewis Avenue from
Mitchell Street to Stone Street and on Mitchell Street from Lewis
Avenue to a point four hundred eight and one half (408.5) feet West
of Lewis 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 available means 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.
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RESOLUTION - 2
2. The proposed street improvement project should include
complete street reconstruction of Stone Street from Eastern Avenue
to a point four hundred eight and one half (408.5) feet West of
Lewis Avenue, on Lewis Avenue from Mitchell Street to Stone Street
and on Mitchell Street from Lewis Avenue to a point four hundred
eight. -.and one half (408.5) feet West of Lewis Avenue. Necessary
improvements include reconstruction of base to meet current city
standards; repaving with two (2) inches of hot mix asphaltic mat-
erials, thirty (30) feet wide from flow line to flow line; instal-
lation of a four (4) foot concrete sidewElk on the South side of
Stone Street, North side of Mitchell Street, and on the West side
of Lewis Avenue; installation of concrete curb and gutter on the
North side of Stone Street, the South side of Mitchell Street, and
on the West side of Lewis Avenue,
3. The total estimated project cost for street reconstruction
on Stone Street from Eastern Avenue to a point four hundred eight
and one half (408.5) feet West of Lewis Avenue, on Lewis Avenue
from Mitchell Street to Stone Street and on Mitchell Street from
Lewis Avenue to a point four hundred eight and one half (408.5)
feet West of Lewis Avenue is twenty-four thousand four hundred and
thirty-four dollars ($24,434.00).
4. It is proposed that the city would pay zero (0) dollars
of said cost with an assessment of twenty-four thousand four hun-
dred and thirty-four dollars ($24,434.00) being levied against the
real property benefited,by the proposed improvement to reimburse
the city for the cost of said"improvements,
S. It is proposed that the property owner(s) be given a
choice of paying the assessment 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.at the interest
rate of ten (10) 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, 1973. Second and subsequent
installments shall be paid at the time provided by law for paying the
first 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 9, Lewis
Subdivision to the
City of
Fayetteville,
Arkansas
$ 677.00
Lot 10, Lewis Subdivision to the City of
Fayetteville, Arkansas 751.00
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RESOLUTION - 3
APPROXIMATE
TRACT ASSESSMENT
Part of the SE 1/4 of the SW 1/4 of Section 17, ,z
Township 16 North, Range 30 West, more particularly
described as follows, to -wit: Beginning at a point
53 feet West and 526.04 feet North of the Southeast
corner of said 40 acre tract, and running, thence
North 200 feet, thence West 153 and 3%8ths feet,'thence
South 200 feet, thence'East 153 and 3/8ths.feet to the
point of beginning. $ 749.00
Lots 11 and 12, Block 4, Sunset Addition to the
City of Fayetteville, Arkansas 664.00
Lot 1, Block 4, Sunset Addition to the City of
Fayetteville, Arkansas Ilk 627.00
Lot 1, Block 5, Sunset Addition to the City of
Fayetteville, Arkansas 782.00
Pt f. t SE 1/4 f t SW 1/4 f S17-T16N-R30W beg 746 ft
N and 53 ft W f t SE/c f sd 40-A tr, Fr, th W 408
2/3 ft; th N 574 ft; th E 408 2/3 ft; th S 574 ft
to t pob, containing 5 1/3 A, mol, being desig. as
L1 of Lewis Subdivision f sd 40-A. 15,340,00
Lots numbered 1 to 11 inclusive, and lots numbered
41 to 52 inclusive, except the South thirty eights
and three forths (38 3/4) feet of Lot numbered 52,
all in Block 2 in Nest End Addition 2,400.00
Lot 2, Block 5, Sunset Addition to the City of
Fayetteville, Arkansas 238.00
Lot 3, Block 5, Sunset Addition to the City of
Fayetteville, Arkansas 205.00
Lot 4, and 17 feet off the West side of Lot 5 in
Block 5 in Sunset Addition to the City of
Fayetteville, Arkansas 245.00
A part of Lots 5 and 6 in Block 5 in Sunset Addition
to the City of Fayetteville, Arkansas, more particularly
described as follows, to -wit: Beginning at the North-
east corner of said Lot 6 and running, thence South 70
feet, thence West 83 feet, thence North 70 feet, thence
East 83 feet to the point of beginning. 434.00
RESOLUTION - 4
TRACT
The South half (S 1/2) of Lots numbered Seven (7),
all of lots numbered Fight (8) and Nine (9) in
Block numbered Six (6) in Sunset Addition to the
City of Fayetteville, Arkansas, as per plat of
said Addition in file in the office of the Circuit
Clerk and Ex-Officio Recorder of Washington County,
Arkansas
Lot 10, Block 6 in Sunset Addition
Lots 11 and 12, Block 6 in Sunset Addition
APPROXIMATE
ASSESSMENT
$ 624.00
205.00
493.00
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 ption of the cost described
above through uniform benefits upon each lot or parcel of property
described above.
PASSED SAND APPROVED this day of 1972.
ATTEST:
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