19345ORDINANCE NO. 19,345
AN ORDINANCE ESTABLISHING THE PROMENADE
MUNICIPAL PROPERTY OWNERS MULTI - PURPOSE
IMPROVEMENT DISTRICT NO. 10 OF LITTLE ROCK,
ARKANSAS; DECLARING AN EMERGENCY; AND FOR OTHER
PURPOSES.
WHEREAS, property owners, claiming to be all the owners of record title of real property located
within the territory hereinafter described have filed petitions on July 6, 2005, praying that a municipal
property owners improvement district be established pursuant to Ark. Code Ann. Title 14, Chapter 94 for
the purposes herein set out, and
WHEREAS, the Board of Directors of the City of Little Rock, Arkansas has authority to create such
a municipal property owners improvement district in that all of the said territory lies completely within the
boundaries of said municipality, and
WHEREAS, the Board of Directors of the City of Little Rock, Arkansas has heard all the parties
desiring to be heard, and has ascertained that said petitions were signed by all the owners of real property
within said territory, now, therefore,
IT IS ORDAINED by the Board of Directors of the City of Little Rock, Arkansas:
Section 1. There is hereby established a municipal property owners improvement district embracing
the property in the City of Little Rock, State of Arkansas, described in the attached Exhibit A, for the
purposes of (i) constructing such street and road improvements as may be depicted in the map attached
hereto; and to open, grade, drain, pave, curb, gutter or otherwise improve such other streets, roads,
highways, and every other way for passage and use of vehicles, and including sidewalks, pedestrian trails
and walkways, viaducts, underpasses and appurtenant lighting, within the boundaries of the district if the
property of the district will be benefited thereby, and such purposes shall include the acquisition of rights of
way; (ii) constructing water mains along various streets and roadways and additional water mains at other
locations within the District as may be depicted on the map attached as Exhibit B and other appurtenant
water improvements within the boundaries of the District if the property of the District will be benefited
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thereby; (iii) constructing sanitary sewer mains and storm sewers as may be depicted on the map attached as
Exhibit B and other appurtenant sewer improvements within the boundaries of the District if the property of
the District will be benefited thereby; (iv) acquiring and constructing electric junction boxes, electric
conduits, underground power lines, street lighting and other electric utility improvements as may be
depicted on the map attached hereto as Exhibit B within the boundaries of the District if the property of the
District will be benefited thereby; (v) all other purposes authorized by Ark. Code Ann. Title 14, Chapter 94
and amendments thereto; and (vi) paying the costs associated with such improvements including, but not
limited to, engineering, legal, environmental surveys, governmental approvals and permits; and (vii)
conducting any and all other acts which shall be deemed necessary in order to purchase, construct, accept as
a gift, operate and maintain any and all improvements authorized therein
Said purposes are to be accomplished in the manner and with the materials that the commissioners
for the district shall deem to be in the best interest of the district and as specified by law. The cost of the
project shall be assessed upon the real property of the district according to the benefits received.
Section 2. Said district shall be known as the "Promenade Municipal Property Owners Multi-
Purpose Improvement District No. 10 of Little Rock, Arkansas" (the "District "); and Ray C. Dillon, Clefton
D. Vaughan and W. Bayless Rowe, who are the persons nominated in the petition, are hereby named
commissioners and shall compose the initial Board of Commissioners of the District.
Section 3. Emergency. It is hereby found and declared that an immediate need exists for the street
and other improvements in order to achieve the most cost effective financing for the accomplishing of the
Master Street Plan of the City. It is, therefore, declared that an emergency exists. This Ordinance, being
necessary for the immediate preservation of the public peace, health and safety, shall take effect and be in
force from and after its passage.
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PASSED: July 12, 2005
APPROVED:
,a
Barbara Graves, Vice Mayor
ATTEST:
Nan4 Wood, ity Clerk
APPRO ED AS TO FORM:
I , CA
Thomas M. Carpenter, City Attorn
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CERTIFICATE
STATE OF ARKANSAS
COUNTY OF PULASKI
I, Nancy Wood, City Clerk, within and for the City of Little Rock, Arkansas do hereby certify
that the foregoing is a true and correct copy of Ordinance No. 19,345 of the Ordinances of the City of
Little Rock, Arkansas entitled: "AN ORDINANCE ESTABLISHING THE PROMENADE
MUNICIPAL PROPERTY OWNERS MULTI - PURPOSE IMPROVEMENT DISTRICT NO. 10 OF
LITTLE ROCK, ARKANSAS; DECLARING AN EMERGENCY; AND FOR OTHER
PURPOSES;" passed by the Board of Directors of the City on July 12, 2005.
2005.
IN WITNESS WHEREOF, I have hereunto set my hand and seal office this 12th day of July,
Nanc Wood, Ylty Clerk
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PROMENADE MUNICIPAL PROPERTY OWNERS
MULTI- PURPOSE IMPROVEMENT DISTRICT NO. 10
OF LITTLE ROCK, ARKANSAS
A TRACT OF LAND IN SECTION 36, T -2 -N, R -14 -W, PULASKI COUNTY, ARKANSAS
BEING MORE PARTICULARLY DESCRIBED AS:
STARTING AT THE CENTER OF SAID SECTION 36; THENCE SOl °02' 12 "W ALONG THE
EASTERLY LINE OF THE NE 1/4 SW 1/4, SAID SECTION 36, 1021.60 FT. TO A POINT ON THE
CENTERLINE OF CHENAL PARKWAY; THENCE SOUTHEASTERLY ALONG SAID
CENTERLINE, BEING THE ARC OF A 2864.80 FT. RADIUS CURVE TO THE RIGHT, A CHORD
BEARING AND DISTANCE OF S12 00117 "E, 208.28 FT.; THENCE S80 °03'43 "W, 80.00 FT. TO A
POINT ON THE WEST RIGHT -OF -WAY LINE OF SAID CHENAL PARKWAY; THENCE
NORTHWESTERLY ALONG SAID WEST RIGHT -OF -WAY LINE, BEING THE ARC OF A 2784.80
FT. RADIUS CURVE TO THE LEFT, A CHORD BEARING AND DISTANCE OF N11 °54'08 "E, 190.89
FT.; THENCE S76 °08'01 "E AND CONTINUING ALONG SAID WEST RIGHT -OF -WAY LINE, 10.00
FT.; THENCE NORTHWESTERLY AND CONTINUING ALONG SAID WEST RIGHT -OF -WAY
LINE, BEING THE ARC OF A 2774.80 FT. RADIUS CURVE TO THE LEFT, A CHORD BEARING
AND DISTANCE OF N 17 °21'59 "W, 338,81 FT. TO A POINT ON THE NORTH RIGHT -OF -WAY
LINE OF LA GRANDE DRIVE AND THE POINT OF BEGINNING; THENCE NORTHWESTERLY
AND CONTINUING ALONG SAID WEST RIGHT -OF -WAY LINE OF CHENAL PARKWAY, BEING
THE ARC OF A 2774.80 FT. RADIUS CURVE TO THE LEFT, A CHORD BEARING AND DISTANCE
OF N220 21' 10 "W, 144.68 FT.; THENCE N66'09'1 I "E AND CONTINUING ALONG SAID WEST
RIGHT -OF -WAY LINE, 10.00 FT.; THENCE NORTHWESTERLY AND CONTINUING ALONG
SAID WEST RIGHT -OF -WAY LINE, BEING THE ARC OF A 2784.79 FT. RADIUS CURVE TO THE
LEFT, A CHORD BEARING AND DISTANCE OF N27 044'23 "W, 378.14 FT.; THENCE N31 °38'39 "W
AND CONTINUING ALONG SAID WEST RIGHT -OF -WAY LINE, 1010.69 FT.; THENCE
S58 021'21 "W AND CONTINUING ALONG SAID WEST RIGHT -OF -WAY LINE 20.00 FT. THENCE
N31 038'39 "W AND CONTINUING ALONG SAID WEST RIGHT -OF -WAY LINE, 482.16 FT.;
THENCE S82 021'20 "W, 47.80 FT.; THENCE S58 001'02 "W, 188.45 FT.; THENCE
SOUTHWESTERLY ALONG THE ARC OF A 1377.39 FT. RADIUS CURVE TO THE LEFT, A
CHORD BEARING AND DISTANCE OF S32 °27' 10 "W, 1188.76 FT.; THENCE S06 °53' 18 "W, 260.67
FT.; THENCE SOUTHEASTERLY ALONG THE ARC OF A 38.00 FT. RADIUS CURVE TO THE
LEFT, A CHORD BEARING AND DISTANCE OF S34 021'33 "E, 50.11 FT.; THENCE S75 °3624 "E,
164.70 FT.; THENCE SOUTHEASTERLY ALONG THE ARC OF A 480.00 FT. RADIUS CURVE TO
THE RIGHT, A CHORD BEARING AND DISTANCE OF' S58 058'09 "E, 274.87 FT.; THENCE
S42 019'53 "E, 176.95 FT., THENCE SOUTHEASTERLY ALONG THE ARC OF A 370,00 FT. RADIUS
CURVE TO THE LEFT, A CHORD BEARING AND DISTANCE OF S75 004'07 "E, 400.18 FT.;
THENCE N7201 1'39"E, 209.34 FT. TO A POINT ON THE SAID NORTH RIGHT -OF -WAY LINE OF
LA GRANDE DRIVE; THENCE N72'1 1'39"E ALONG SAID NORTH RIGHT -OF -WAY LINE, 40.22
FT., THENCE EASTERLY AND CONTINUING ALONG SAID NORTH RIGHT -OF -WAY LINE,
BEING THE ARC OF A 507.46 FT. RADIUS CURVE TO THE RIGHT, A CHORD BEARING AND
DISTANCE OF N88052'1 8"E, 291.26 FT.; THENCE S74 °27'04 "E AND CONTINUING ALONG SAID
NORTH RIGHT -OF -WAY LINE, 198.07 FT.; THENCE EASTERLY AND CONTINUING ALONG
SAID NORTH RIGHT -OF -WAY LINE BEING THE ARC OF A 447.46 FT. RADIUS CURVE TO THE
LEFT, A CHORD BEARING AND DISTANCE OF S85 °33' 19 "E, 172.35 FT.; THENCE N68 °10'36 "E
AND CONTINUING ALONG SAID NORTH RIGHT -OF -WAY LINE, 47.40 FT.; THENCE
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N29 029'01 "E AND CONTINUING ALONG SAID NORTH RIGHT -OF -WAY LINE, 68.76 FT. TO THE
POINT OF' BEGINNING, CONTAINING 47.8804 ACRES MORE OR LESS.
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