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B22/B02083181::13 27 PM
Filed 8 Recorded in
Official Records of
CAROLYN STALEY
PULASKI COUNTY
RESOLUTION NO. 111421 CIRCUf17C00NTY CLERK
Fees
A RESOLUTION TO SET JANUARY 21, 2003 AS THE
DATE FOR A PUBLIC HEARING ON WHETHER TO
ESTABLISH CHENAL VALLEY MUNICIPAL PROP-
ERTY OWNERS MULTI - PURPOSE IMPROVEMENT
DISTRICT NO. 14 AND FOR OTHER PURPOSES.
WHEREAS, property owners who claim to be all of the owners of record title of
real property located within a proposed municipal property owners improvement dis-
trict as described in Exhibit A, and
WHEREAS, a public hearing must be held prior to the creation of this district,
which is to be known as Chenal Valley Municipal Property Owners Multi- Purpose Im-
provement District No. 14,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. The Board of Directors shall conduct a public hearing at 6:00 PM in
the Board Meeting Room on the second floor of City Hall at 500 West Markham, Little
Rock, Arkansas, on Tuesday, January 21, 2003, on the question of whether to approve
the creation of Chenal Valley Municipal Property Owners Multi- Purpose Improvement
District No. 14 all person wishing to be heard on this issue will be heard at that time.
Section 2. The basic description of the boundaries for this proposed district are
attached as Exhibit A to this resolution, and the basic list of improvements is attached as
Exhibit B.
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Section 3. Severability.
In the event any title, section, paragraph°,ite'm.,- sent enc z,.' I
clause, phrase, or word of this
resolution is declared or adjudged to- ixlyalic! or,.un-
tie
b to
[Page 1 of 41 I✓3
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Resolution
To Set Dale of Public hearing for Chenal Valley
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Municipal Property Owners Improvement District No. 11
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1 constitutional, such declaration or adjudication shall not affect the remaining portions
2 of the resolution which shall remain in full force and effect as if the portion so declared
3 or adjudged invalid or unconstitutional was not originally a part of the resolution.
4 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that
5 are inconsistent with the provisions of this resolution are hereby repealed to the extent
6 of such inconsistency.
7 ADOPTED: January 7, 2003
8 ATTEST: APPROVED:
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Na cy WqAdd, City Clerk
APPROVED AS TO LEGAL FORM:
Thomas M. Carpenter, City Attorney
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Resolution
To Set Date of Public Hearing for Chenal Valley
Municipal Property Owners Improvement District No. 11
[Page 2 of 41
d
Ji Dailey, Mayor
0 Do 2003010933
1 EXHIBIT A
2 Legal Description
3 Part of the SEl /4 SE1/4, Section 23, part of the Sl /2 S1/2, Section 24, part of Section 25, T -2 -N, R -14 -W and
4 part of Section 30, T -2 -N, R -13 -W, Pulaski County, Arkansas, more particularly described as follows:
5 Beginning at the Northeast corner of the S1/2 SW1/4 said Section 24; thence East along the North
6 line of the S1/2 SEl /4 said Section 24 to the Northwest corner of the SE1 /4 SE1/4 said Section 24; thence
7 Southeasterly to the Northwest corner of the SW1/4 SW1/4, Section 19, T -2 -N, R -13 -W, Pulaski County,
8 Arkansas; thence South along the West line of said SW1/4 SW1/4 to the Northwest corner of the NWl /4
9 NWl /4, Section 30, T -2 -N, R -13 -W; thence East along the North line of said NW1 /4 NW1/4 to the West
10 right -of -way of Rahling Road; thence Southerly along said West right -of -way line, being the Arc of a
11 863.51 ft. radius curve to the left, a chord bearing and distance of S02 °28'24" W, 619.03 ft.; thence
12 S70 °39'07" W, 158.36 ft.; thence S84 °46'20" W, 476.61 ft. to the West line of said Section 30; thence
13 S10 022'49 "E, 580.77 ft.; thence S85 °01'46" W, 125.64 ft. to the West line of said Section 30; thence South
14 along said West line approximately 1327.00 ft. to the Southeast corner of the NEl /4 Section 25, T -2 -N, R-
15 14 -W; thence S27 003'31 "E, 1206.40 ft.; thence S58 °30'32 "W, 702.56 ft. to the West line of said Section 30, T-
16 2 -N, R -13 -W; thence S58 °30'32 "W, 539.39 ft. to the Easternmost corner of that property deeded from
17 Deltic Timber Corporation to Arkansas Teachers Retirement Property the following course and distances
18 (N43 °52'20 "W, 850.00 ft.; S73 023'58 "W, 252.92 ft.; N56 034'52 "W, 550.00 ft.; S67 050'41 "W, 520.00 ft.;
19 N53 010'56 "W, 600.00 ft.; S51 008'57 "W, 450.00 ft.; S00 °44'16 "W, 500.00 ft.) to the North right -of -way line of
20 Chenal Valley Drive; thence Westerly along said North right -of -way line to its intersection with the East
21 right -of -way of La Marche Drive; thence Northwesterly along said East right -of -way line to the North end
22 of present dedication for La Marche Drive; thence N73 °12'51 "W along the North line of said dedication,
23 60.00 ft.; thence Northeasterly along the Arc of a 507.46 ft. radius curve to the right, a chord bearing and
24 distance of N23 °41'46 "E, 125.16 ft.; thence N30 °46'47 "E, 166.86 ft.; thence Northeasterly along the Arc of a
25 430.00 ft. radius curve to the right, a chord bearing and distance of N50 °23'50 "E, 288.73 ft.; thence
26 N70 000'52 "E, 498.07 ft.; thence Northeasterly along the Arc of a 570.00 ft. radius curve to the left, a chord
27 bearing and distance of N59 °41'05 "E, 204.42 ft.; thence N49n21'18 "E, 569.89 ft.; thence N80 °43'39 "W,
28 273.71 ft.; thence N50 °26'03" W, 680.60 ft.; thence N51 °01'57" W, 565.89 ft.; thence N27 °44'23" W, 868.12 ft.;
29 thence N55 °57'09 "W, 890.47 ft.; thence N85 °53'06 "W, 249.57 ft.; hence N01 020'42 "W, 792.75 ft. to the
30 North line of the SE1/4 SE1/4 Section 23, T -2 -N, R -14 -W; thence East along said North line 629.65 ft. to the
31 Northeast corner of SI /2 SWl /4, Section 24, T -2 -N, R -14 -W; thence East along the North line of said S1/2
32 SW1 /4 to the point of beginning containing 559.3 acres, more or less.
[Page 3 of 41
Resolution
To Set Date of Public Hearing for Chenal Valley
Municipal Property Owners Improvement District No. 11
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Do *2003010933
EXHIBIT B
Description of Improvements
Financing the cost of constructing public improvements including (i) constructing street and
road improvements and improvements incidental thereto, 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, either within or without the boundaries of the district if
the property of the district will be benefited thereby; (ii) constructing water mains and other
appurtenant water improvements either within or without the boundaries of the District if the
property of the District will be benefited thereby; (iii) constructing sanitary sewer gravity mains
and other appurtenant sewer improvements either within or without the boundaries of the
District if the property of the District will be benefited thereby; (iv) acquiring and constructing
street lighting and other lighting improvements either within or without the boundaries of the
District if the property of the District will be benefited thereby; (v) acquiring, constructing and
installing a traffic signal to be installed at the intersection of Chenal Valley Drive and Chenal
Parkway, and other traffic signalization improvements either within or without the boundaries
of the District if the property of the District will be benefited thereby; (vi) constructing drainage
and storm water detention facilities either within or without the boundaries of the District if the
property of the District will be benefited thereby; (vii) all other purposes authorized by Ark.
Code Ann. Title 14, Chapter 94 and amendments thereto; and (viii) 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.
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Resolution
To Set Date of Public floating for Chenal Valley
Municipal Property Owners Improvement District No.11
[Page 4 of 41