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17310728 ORDINANCE NO. 17,310 AN ORDINANCE ESTABLISHING PECAN LAKE MUNICIPAL RECREATIONAL IMPROVEMENT DISTRICT NO. 4 OF LITTLE ROCK, ARKANSAS WHEREAS, parties claiming to be a majority in value or more in assessed value of real property located within the territory hereinafter described, have filed petitions praying that an improvement district be established for the purposes hereinafter set out, and WHEREAS, after due notice as required by law, 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 a majority in value or more in assessed value of the owners of real property within the territory, now, therefore, BE IT ORDAINED by the Board of Directors of the City of Little Rock, Arkansas: SECTION 1. There is hereby established an improvement district embracing the following real property in the City of Little Rock, County of Pulaski, State of Arkansas, to -wit: A tract of land lying in the NWl /4, NWl /4, Section 26; the NEl /4, NEl /4, Section 27; the SEI /4, SEI /4, and the SWIM, SEI /4, Section 22; the SWIM, SWIM, and the SEI /4, SWIM, Section 23; all in Township 1 North, Range 13 West, Pulaski County, Arkansas, more particularly described as follows: Commence at the SE corner of said NW1 /4, NWl /4, Section 26 and the Point of Beginning; thence S 89 degrees 59' 57" W, 2641.64' to the SW comer of said NEl /4, NEl /4, Section 27; thence N 00 degrees 06'47" E, 1159.5; thence S 89 degrees 53' 13" E, 35.0; thence S 25 degrees 35' 43" E, 350.2', to a point on the Northerly Right -of -Way of Timberside Road; thence along a curve to the right having a radius of 193.53' and a chord of N 62 degrees 48'07" E, 118.2'; thence N 80 degrees 41' 37" E, along said Right -of -Way, 54.9; thence N 09 degrees 18' 03" W, 110:0; thence N 54 degrees 16'04" E, 89.39'; thence N 36 degrees 37'03" W, 2727; thence N 21 degrees 49' 03" W, 1077; thence N 11 degrees 46' 57" E, 112.5% thence N 12 degrees 07' 33" W, 71.65; thence N 23 degrees 39' 57" E, 520.98' to a point on the Southerly Right -of -Way of Tall Timber Boulevard; thence along a curve to the right having a radius of 1462.5' and M � • = m m m m m a m a chord of 76 degrees 49' 56" W, 514; thence N 75 degrees 49' 29" W, along said Right -of -Way, 13.6; thence along a curve to the right having a radius of 984.98' and a chord of N 71 degrees 53'33" W, 135.09; thence along a curve to the right having a radius of 985.40' and a chord of N 63 degrees 23' 46" W, 156.7% thence N 58 degrees 50' 00" W, 232.7' to a point on the Easterly Right -of -Way of Arkansas Highway No. 5, also known as Stagecoach Road; thence N 26 degrees 50' 19" E, along said Right -of -Way, 152.96'; thence N 17 degrees 36' 10" E, along said Right -of- Way, 264.50; thence N 14 degrees 51' 44" E, 54.35'; thence S 75 degrees 46' 50" E, 60.0'; thence S 75 degrees 46' 50" E, 316.83% thence S 01 degrees 16' 58" E, 328.97; thence S 83 degrees 20'00" E, 387.62; thence S 87 degrees 38' 06" E, 460.39; thence S 68 degrees 41' 55" E, 284.0; thence S 24 degrees 10' 21" W, 199.14' to a point on the Northerly Right - of -Way of Tall Timber Boulevard; thence S 68 degrees 35' 28" E, 255.0; thence S 73 degrees 29' 44" E, along said Right -of -Way, 158.5% thence S 11 degrees 35' 40" W, along said Right -of -Way, 50; thence S 78 degrees 24'20" E, along said Right -of -Way, 640.2; thence N 11 degrees 35'40" E, 130.0'; thence S 78 degrees 24' 20" E, 255.0; thence S 11 degrees 35' 40" W, 130.0; thence S 30 degrees 21' 40" W, 52.8; thence S 12 degrees 28' 40" W, 110.9; thence S 06 degrees 38'33" W, 144.4' to the NE corner of said NWI /4, NWI /4, Section 26; thence S 00 degrees 11' 33" W, 1340.69' to the Point of Beginning, containing 121.9 acres, more or less. for the purposes of constructing, operating, supervising, maintaining and replacing within the said district, recreational and common areas and facilities related thereto including, but not limited to, green areas, landscaped areas, playground facilities and other improvements necessary or desirable to enhance the use and benefits of such areas and improvements; such 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 above described according to the benefits received. The district shall be known as "Pecan Lake Municipal Recreational Improvement District No. 4 of Little Rock, Arkansas;" and Carolyn Webb, Alvin Baugh and Lloyd W. Black, who are owners of real property within the district, are hereby named commissioners and shall compose the Board of Improvement for the district. 729 map_•_ SECTION 2. There is hereby declared to be an existing emergency in that there is 730 an immediate need for the formation of this improvement district to promote and protect the health, safety and welfare of the citizens of Little Rock, Arkansas, and this ordinance shall be in full force and effect from and after its passage. PASSED: November 7 1996 APPROVED: Jim iley, Mayor ATTEST: Robbie Hancock, City Clerk c1ninworA=%pcc=Me\0fdCe.doc SVSNrAHV IMOH 7= SO V *ON IDRUS[a JIMMUOHM IYNOLLYXdO= lyc=UMR MM MY33d = Ego 44 0 ul O U) 4-) 4 O CL 2 - 1 7 s.