15201M M M M
ORDINANCE NO. 15,201
AN ORDINANCE ASSESSING THE VALUE OF BENEFITS
TO BE RECEIVED BY THE OWNERS OF EACH OF
SEVERAL LOTS, BLOCKS, AND PARCELS OF LAND
WITHIN TALL TIMBER WEST RECREATION
IMPROVEMENT DISTRICT NO. 3 OF LITTLE ROCK,
ARKANSAS; AND FOR OTHER PURPOSES.
WHEREAS, a majority in value of the property holders owning
property adjoining the locality to be affected and situated in
Tall Timber West Recreation Improvement District No. 3 of Little
Rock, Arkansas, organized for the purposes of constructing
within the District recreation facilities to serve the
inhabitants of said district and to maintain, repair and operate
such new or existing facilities; said purposes to be
accomplished in the manner and of the materials that the
commissioners of the District shall deem to be in the best
interest of the district, and the cost thereof to be assessed
upon the real property of the District according to the benefits
received; and
WHEREAS, the Board of Directors has established the
District to accomplish the above purposes by passing Ordinance
No. 15091 of the ordinances of the City on May 6, 1986; and
WHEREAS, the Commissioners of the District have made and
filed plans for the improvements with the City Clerk and have
reported to the Board of Directors the estimated cost of the
improvements; and
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WHEREAS, the assessments have been duly made by the Board
of Assessors of the District, who were appointed by the Board of
Directors, and filed in the office of the City Clerk pursuant to
law, and notice of such filing was duly published in the
Arkansas Democrat, a newspaper published in and of general
circulation in the City of Little Rock, Arkansas, on the 14th
day of October, 1986; and
WHEREAS, no protest of any assessment has been received; and
WHEREAS, the benefits received by each and every block, lot
and parcel of real property situated in the District equal or
exceed the local assessment thereon; and
WHEREAS, the estimated cost of the improvement to the
District is $195,000.
WHEREAS, the assessed benefits amount to $199,800.
NOW, THEREFORE, BE IT ORDAINED by the Board of Directors of
the City of Little Rock, Arkansas;
Section 1. That each of the blocks, lots and parcels of
real property in the District be assessed according to the
assessment list of the District as the same now remains in the
office of the City Clerk, and that five (5) percent of the
assessment of each of the blocks, lots and parcels shall be
collected by the County Collector with the first installment of
general taxes becoming due in the year 1987 and annually
thereafter with the first installment of general taxes until the
whole of the local assessment shall be paid.
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Section 2. That all ordinances and resolutions and parts
thereof in conflict herewith are hereby repealed to the extent
of such conflict, and this ordinance shall be in full force and
effect from and after its passage.
PASSED: November 4 , 1986.
APPROVED:
ACTING-MAYOR TON! MILTON
ATTEST:
�6gl QL_
CIFY CLERK JA,$E CZECH
(SEAL)
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