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21081 2015054626 Received: 9/4/2015 9:40:52 AM Recorded: 09/04/2015 09:48:06 AM Filed& Recorded in Official Records of Larry Crane, PULASKI COUNTY CIRCUIT/COUNTY CLERK i = Fees $25.00 1 _ ORDINANCE NO. 21,081 2 3 AN ORDINANCE''TO���E'STABLISH AND LAY OFF THE VILLAGE AT 4 ISON CREEK PROPERTY OWNERS' MULTIPURPOSE 5 IMPROVEMENT DISTRICT NO. 2015-318 OF LITTLE ROCK, 6 ARKANSAS: TO DECLARE AN EMERGENCY; AND FOR OTHER 7 PURPOSES. 8 9 WHEREAS,a Petition to form The Village at Ison Creek Municipal Property Owners' Multipurpose 10 Improvement District No. 2015-318 has been filed with the Little Rock City Clerk; and 11 WHEREAS,the City Clerk has presented the petition to the Mayor; and 12 WHEREAS, the Mayor has set August 4, 2015, at 6:00 PM as the date and time for a hearing before 13 the Little Rock Board of Directors for consideration of the petition; and 14 WHEREAS, the Board of Directors has determined from an abstractor's certificate of property 15 ownership that those signing the petition constitute all the owners of the real property to be located in said 16 district and has identified any mortgagee holding a first mortgage lien on real property constituting more 17 than 10% in area of the real property to be located in the district; and 18 WHEREAS,the City Clerk has presented proof of notice of this hearing in the manner prescribed by 19 law by certified mail to any mortgagee holding a first mortgage lien on real property constituting more than 20 10%in area of the real property to be located in the district, and 21 WHEREAS,the Arkansas Municipal Property Owners' Improvement District Law provides that if the 22 governing body determines that all the owners of the real property to be located in the District have 23 petitioned for the improvements, it shall then be its duty by ordinance to establish and lay off the district as 24 defined in the petition and to appoint the commissioners named in the petition. 25 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY 26 OF LITTLE ROCK, ARKANSAS. 27 Section 1. the real property described in Exhibit"A"attached hereto and made a part hereof established 28 and laid off as The Village At Ison Creek Municipal Property Owners' Multipurpose Improvement District 29 No. 2015-318 for the purpose of constructing, operating, maintaining, either within or without the 30 boundaries of the District, if the property within the District will be benefited thereby, various 31 improvements for recreation purposes, a system of roads and streets, including sidewalks, bikeway,trails, 32 curbs and gutters, underground drainage system, a system of street lighting, retainingwalls, coverts, 33 bridges, landscaping, and all trenching, excavating, grading and all construction associated with the [Page 1 of 3] 1 installation of the above system and for all purposes authorized by Ark. Code. Ann. Title 14, Chapter 94 2 and amendments thereto,and to any and all other acts which shall be deemed necessary in order to purchase, 3 construction, accept as a gift, operate and maintain any and all improvements authorized therein. The 4 purposes are to be accomplished in the manner and with the materials that the Commissioners for the 5 District shall deem in the best interest of the District and as specified by law. The cost of the project of the 6 District shall be assessed upon the real property of the District according to the benefits received. 7 Section 2. The following three individuals nominated in the petition, are hereby appointed as 8 commissioners of said improvement district: Keith A. Wingfield, Patricia L. Wingfield, and Brandon 9 Tedder. 10 Section 3. The name of the improvement district shall be The Village at Ison Creek Property Owners' 11 Multipurpose Improvement District No. 2015-318. 12 Section 4. Severability. The various parts, sections and clauses of this ordinance are hereby declared 13 to be severable. If any part, sentence, paragraph, section or clause is adjudged unconstitutional or invalid 14 by court of competent jurisdiction,the remainder of this ordinance shall not be affected thereby. 15 Section 5. Repealer. All laws, ordinances, resolutions, or parts thereof in conflict with the provision 16 of this ordinance are hereby repealed to the extent of such conflict. 17 Section 6. Emergency. The Board of Directors hereby determined that there is a need for additional 18 infrastructure within the City and hereby determines that the passage of this ordinance, pursuant to the 19 provisions of the improvement district statutes, will facilitate construction of additional infrastructure 20 within the City that will protect the public health, safety and welfare; therefore, an emergency is hereby 21 declared to exist, and this shall be in full force and effect from and after its passage and approval. 22 PASSED: August 4,2015 23 ATTE ': APPROVE 0: 24 , 25 /��..: 26 usa� . y,City Clerk Mayor Mark Stodala 27 APP' I S TO LEGAL FORM: 28 29 30 Bill Mann,Chief Deputy City Attorney 31 // 32 // 33 // 34 // 35 // [Page 2 of 3] 1 EXHIBIT A 2 // 3 4 A PART OF THE SOUTH HALF OF THE SOUTHWEST QUARTER, SECTION 18, T-2-N, R-13-W, 5 LITTLE ROCK, PULASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS 6 FOLLOWS: 7 COMMENCING AT A FOUND 'h" REBAR CAPPED W/D, BEING THE SOUTHEAST CORNER SE 8 1/4, SW 1/4 SECTION 18, T-2-N, R-13-W; THENCE N 87°40'51" W A DISTANCE OF 331.43' TO A 9 FOUND CHISELED "X" IN CONCRETE SAID POINT BEING THE POINT OF BEGINNING: 10 THENCE N 87°57'00"W A DISTANCE OF 159.57'TO A FOUND 1/4"REBAR;THENCE N 88°38'31" 11 W A DISTANCE OF 191.83' TO A FOUND '/2" REBAR; THENCE N 88°54'22" W A DISTANCE OF 12 310.74' TO A FOUND '/2" REBAR; THENCE S88°34'23" W A DISTANCE OF 19.28' TO A SET ''A" 13 REBAR(CAP# 1401);THENCE N 01°43'30"E A DISTANCE OF 1285.27'TO A SET''A"REBAR(CAP 14 # 1401); THENCE S 32°45'08" E A DISTANCE OF 63.54' TO A SET '/z" REBAR (CAP # 1401); 15 THENCE S 61°32'38" E A DISTANCE OF 53.66' TO A SET ''A" REBAR (CAP # 1401); THENCE S 16 49°38'36"E A DISTANCE OF 53.37' TO A SET 1/4"REBAR(CAP# 1401); THENCE S 86°22'25"E A 17 DISTANCE OF 40.00'TO A SET''A"REBAR(CAP# 1401);THENCE S 42°58'32"E A DISTANCE OF 18 233.76' TO A SET 1/4" REBAR (CAP # 1401); THENCE S 42°58'32" E A DISTANCE OF 76.09 FEET 19 TO A SET ''/2"REBAR(CAP# 1401); THENCE S 84°55'55"E A DISTANCE OF 84.22' TO A SET '/2" 20 REBAR(CAP# 1401);THENCE S 69°08'12"E A DISTANCE OF 113.99'TO A SET 1/4"REBAR(CAP 21 # 1401); THENCE N 22°36'51" E A DISTANCE OF 80.11' TO A SET 'h" REBAR (CAP # 1401); 22 THENCE ALONG A CURVE TO THE LEFT WITH A CHORD BEARING AND DISTANCE OF N 23 10°46'59"E 51.26' WITH A CURVE LENGTH OF 51.62' AND A RADIUS OF 125.00' TO A SET 1/4" 24 REBAR (CAP # 1401); THENCE N 01°02'53" W A DISTANCE OF 192.69' TO A SET ''A" REBAR 25 (CAP # 1401); THENCE ALONG A CURVE TO THE RIGHT WITH A CHORD BEARING AND 26 DISTANCE OF N 10°18'16" E 68.90' WITH A CURVE LENGTH OF 69.35' AND A RADIUS OF 27 175.00' TO A SET 1/4"REBAR(CAP# 1401); THENCE N 01°48'02"E A DISTANCE OF 41.13' TO A 28 SET'''A"REBAR(CAP# 1401);THENCE N 87°51'49"E A DISTANCE OF 70.17'TO A SET'h"REBAR 29 (CAP# 1401);THENCE S 01°47'32"W A DISTANCE OF 1,338.68' TO THE POINT OF BEGINNING 30 CONTAINING 17.00 ACRES MORE OR LESS. 31 // 32 // 33 // 34 // ]Page 3 of 3]