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19607I 2 ORDINANCE NO. 19,607 3 AN ORDINANCE TO ESTABLISH AND LAY OFF CITY OF LITTLE 4 ROCK MUNICIPAL MULTIPURPOSE PROPERTY OWNERS' 5 IMPROVEMENT DISTRICT NO. 2006 -300 (THE RIDGE ESTATES); 6 AND FOR OTHER PURPOSES. 7 8 WHEREAS, a petition to form the City of Little Rock Municipal Property 9 Owners' Multipurpose Improvement District No. 2006 -300 (The Ridge Estates), has 10 been filed with the Little Rock City Clerk, and 11 WHEREAS, the Mayor has set October 3, 2006, at 6:00 o'clock p.m. as the date 12 and time for a hearing before the Little Rock Board of Directors for consideration of the 13 petition, and 14 WHEREAS, the Little Rock Board of Directors has determined from an 15 abstractor's certificate of property ownership that those signing the petition constitute 16 all of the owners of the real property to be located in said district, and 17 WHEREAS, the Arkansas Municipal Property Owners' Multipurpose 18 Improvement District law provides that if the governing body determines that all of the 19 owners of the real property to be located in the district have petitioned for the 20 improvements, it shall then be its duty by ordinance to establish and lay off the district 21 as defined in the petition and to appoint the commissioners named in the petition. 22 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS 23 OF THE CITY OF LITTLE ROCK, ARKANSAS: 24 Section 1. The real property described in Exhibit "A" attached hereto and made 25 a part hereof is hereby established and laid off as City of Little Rock Municipal [PAGE 1 OF 4] RESOLUTION To Establish City of Little Rock Mun. Property Owners-' Multipurpose Imp. Dist. No. 2006300 (The Ridge Estates) I Property Owners' Multipurpose Improvement District No. 2006 -300 (The Ridge 2 Estates), for the purpose of constructing, either within or without the boundaries of the 3 District, if the property within the District will be benefited thereby, a sewage collection 4 system, water distribution system, telephone service system, cable television service 5 system, cable television service system, electrical distribution system, natural gas 6 distribution system, a system of roads and streets, including sidewalks, curbs and 7 gutters, underground drainage system, a system of street lighting, retaining walls, and 8 landscaping, and all trenching, excavating, grading and all construction associated with 9 the installation of the above systems and for all purposes authorized by Ark. Code Ann. 10 Title 14, Chapter 94 and amendments thereto, and to any and all other acts which shall 11 be deemed necessary in order to purchase, construct, accept as a gift, operate and 12 maintain any and all improvements authorized therein. 13 Section 2. The following three individuals are hereby appointed as 14 commissioners of said improvement district: John S. Williams, Jacqueline D. Williams 15 and Nick O. McDaniel. 16 Section 3. The name of the improvement district shall be City of Little Rock 17 Municipal Property Owners' Multipurpose Improvement District No. 2006 -300, (The 18 Ridge Estates). 19 Section 4. The Board of Directors hereby determines that there is a need for 20 additional infrastructure within the City and hereby determines that the passage of this 21 Ordinance will facilitate construction of additional infrastructure within the City; 22 therefore, an emergency is hereby declared to exist, and this Ordinance being necessary 23 for the public health, safety and welfare shall be in full force and effect from and after 24 its passage and approval. 25 [PAGE 2 OF 4] RESOLUTION To Establish City of Little Rock Mun. Property Owners' Multipurpose Imp. Dist. No. 2006 -300 (The Ridge Estates) I PASSED: October 3, 2006 2 ATTEST: 3 4 5 Nanc Wood, ity Clerk 6 7 APPROVED AS TO LEGAL FORM: 8 9 10 Thomas M. Carpenter, City torney 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 24 // 25 // 26 // [PAGE 3 OF 4] RESOLUTION To Establish City of Little Rock Mun. Property Owners Multipurpose Imp. Dist. No. 2006 -300 (The Ridge Estates) APPROVED: Jim iley, Mayor 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 EXHIBIT "A" LEGAL DESCRIPTION The S 1/2 NE 1/4 NE 1/4 and the SE 1/4 NE 1/4 Section 17, T -1 -S, R -13 -W, Pulaski County, Arkansas more particularly described as: Beginning at the Northeast corner of said S 1/2 NE 1/4 NE 1/4; thence S02 °12'39 "W 657.88' to the Southeast corner of said S 1/2 NE 1/4 NE 1/4; thence S02 °18'08 "W 1319.62' to the Southeast corner of said SE 1/4 NE 1/4 Section 17; thence N88 °37'16 "W 1315.94' to the Southwest corner of said SE 1/4 NE 1/4; thence NO2 °20'30 "E 1318.07" to the Northwest corner of the SE 1/4 NE 1/4 Section 17, T -1 -S, R -13- W; thence NO2 °53'18 "E 660.35' to the Northwest corner of the said S 1/2 NE 1/4 NE 1/4; thence S88 °35'19 "E 1307.22' to the point of beginning. Containing 59.60 acres, more or less. // // // // // // // RESOLUTION To Establish City of Little Rock Mun. Property Owners' Multipurpose Imp. Dist. No. 2006 -300 (The Ridge Estates) [PAGE 4 OF 4]