202132010009382 Received: 212212010 8:56:08 AM
Recorded: 0212212010 09:13:85 AM Filed
Recorded in Official Records of FAT O'BRIEN.
PULASKI COUNTY CIRCUITICOUNTY CLERK
1 ORDINANCE NO. 20,213 Fees $28000
2
3 AN ORDINANCE TO ASSESS THE VALUE OF BENEFITS TO BE RECEIVED
4 BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS, LOTS AND
5 PARCELS OF LAND WITHIN LITTLE ROCK MULTIPURPOSE
6 IMPROVEMENT DISTRICT NO. 2007 -304 PARKWAY NEIGHBORHOOD
7 ASSOCIATION PROJECT; TO DECLARE AN EMERGENCY; AND FOR
8 OTHER PURPOSES.
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10 WHEREAS, a majority in value of the property holders owning property and situated in Little Rock
11 Multipurpose Improvement District No. 2007 -304- Parkway Neighborhood Association Project (the
12 "District "), filed petitions with the Little Rock City Clerk for consideration by the Little Rock Board of
13 Directors, seeking establishment of the District; and
14 WHEREAS, the District was organized for the purposes of (1) constructing, renovating, operating,
15 supervising, maintaining and replacing within the District capital improvements, common areas and
16 facilities related primarily to tennis courts, swimming pool and related green areas and playground facilities
17 to serve the inhabitants of the District ( the "improvements "), as more fully described in the Petition for the
18 formation of the District and such purposes shall include, if essential to the purposes of the District, the
19 acquisition of rights of way by purchase or the exercise of the power of eminent domain and to maintain
20 such facilities lying within the boundaries of the District or beyond the boundaries of the District if the
21 District would be benefited thereby: (2) for all purposes authorized by Arkansas Code Annotates § 14 -88-
22 202 and any and all other statutes or acts which will be deemed necessary in order to purchase, construct,
23 accept as a gift, operate and maintain any and all improvements authorized herein; and
24 WHEREAS, the petition stated that said purposes were to be accomplished in the manner that the
25 Commissioners of the District deemed to be in the best interests of the District, and the cost thereof to be
26 assessed upon the real property of the District according to the benefits received; and
27 WHEREAS, the Little Rock Board of Directors established the District to accomplish the above purposes
28 by passing ordinance No. 19,901 of the ordinances of the City of Little Rock, Arkansas, on January 8, 2008;
29 and
30 WHEREAS, the Commissioners of the District have made and filed with the City Clerk plans for the
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improvements to the District and have reported to the Little Rock Board of Directors the estimated cost of the
` \` \1tJ11t11i r14 / °/
improvements; and �.�`� F THE
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1 WHEREAS, a Board of Assessment was appointed by the Little Rock Board of Directors to assess
2 the benefits received by each lot, block and other subdivision of the land within the District by reason of
3 the improvements; and
4 WHEREAS, the District's Board of Improvement retained Alan King, Marian Walker and Lee Jones
5 as the District's Board of Assessment to perform the assessment of benefits for the District and said
6 assessments of benefits was performed and provided to the District's Board of Improvement for review;
7 and
8 WHEREAS, the Board of Improvement approved the assessment of benefits prepared by the Board
9 of Assessment with an annual levy of 3.0% that shall be assessed to each lot, block, and other subdivision
10 of the land within the District; and
11 WHEREAS, after duly reviewing and making the assessments, the Board of Assessment of the
12 District filed the assessments in the office of the City Clerk pursuant to law, and notice of such filing was
13 duly published in the Arkansas Democrat- Gazette, a newspaper published in and of general circulation in
14 the City of Little Rock, Arkansas, on the 11h day of December, 2009; and
15 WHEREAS, the hearing on assessments has been conducted for all parties whose real estate is
16 embraced in the District; and
17 WHEREAS, the benefits received by each and every block, lot and parcel of real property situated in
18 the District equal or exceed the local assessment thereon; and
19 WHEREAS, estimated construction cost of the stated improvements for the District is $1,000,000;
20 and
21 WHEREAS, the assessed benefits are $6,512,468;
22 NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY
23 OF LITTLE ROCK, ARKANSAS:
24 Section 1. That each of the blocks, lots and parcels of real property in the District be assessed
25 according to the assessment list of the District as the same now remains in the office of the City Clerk,
26 and that 3.0% of the assessment of each of the blocks, lots and parcels shall be collected by the County
27 Collector of Pulaski County, Arkansas, with the first installment of general taxes becoming due in the
28 year 2010 and annually thereafter with the first installment of general taxes until the whole of the local
29 assessments shall be paid.
30 Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause,
31 phrase, or word of this ordinance is declared or adjudged to be invalid or unconstitutional, such
32 declaration or adjudication shall not affect the remaining portions of the ordinance which shall
33 remain in full force and effect as if the portion so declared or adjudged invalid or
34 unconstitutional were not originally a part of the ordinance.
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Section 3. Repealer. All laws, ordinances, resolutions, or parts of the same that are
inconsistent with the provisions of this ordinance are hereby repealed to the extent of such
inconsistency.
Section 4. It is hereby determined by the Little Rock Board of Directors that there is an immediate
need for the improvements by the District, and that the real property in the District be assessed in a manner
sufficient to pay for such improvements, in order to provide for the public peace, health and safety, and
therefore an emergency is declared to exist and this ordinance shall take effect and be in force from and
after its passage.
PASSED: February 2, 2010
A TE APPROVED:
1
N
/Susan,an ley, ng City Clerk Mark Stodola, Mayor
APPROVED AS TO LEGAL FORM:
Thomas M. Carpent r, Ci ttorney
/1
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