1880 RESOLUTION NO. 1880
RESOLUTION AUTHORIG1LNG THE MAYOR AND CLERK TO SIGN
PETITION FOR CREATION OF IMPROVEMENT
DISTRICT TO PAVE PORTIONS OF HAYES AND
MARKHAM_ STREETS, AND OBLIGATING THE
CITY TO PAY BENEFITS ASSESSED AGAINST
ITS PROPERTY.
Whereas, petitions are now being circulated praying
the City Council of the city of Little Rock, Arkansas, for
the formation of an improvement district for the purpose
of grading, draining; and paving, and to construct bridges,
culverts and storm sewers incident thereto, Hayes Street
from Cantrell Road to Lee Avenue, and the east half of Hayes
Street from Lee Avenue to Eighth Street, and Markham street
from Hayes Street to Van wren Street; and
Whereas the city of Little Rock owns lands adjacent to
said proposed improvement, some of which land is embraced
within the boundaries of said proposed district; and
Whereas, the city derives an income from said lands,
consisting of fees paid for playing golf, fees paid for
swimming, and profits from the sale of confections; and
whereas said improvement would be of great benefit to said
land and would increase its value and would increase the in-
come therefrom, and would greatly reduce the expense of
regulating traffic, and materially assist in relieving
traffic congestion on said streets arising out of activities
in and around Fair Park; and whereas said improvement would
be of great benefit to the city as a whole; aid
Whereas, the city should bear its part of the cost of
said improvement, and whereas benefits should be assessed
against the property of the city within the boundaries of
said proposed district the same as against privately owned
p perty, and whereas such benefits should be paid by the city;
and whereas the city as an inducement to other owners of land
in said proposed district to sign said petition and in con-
sideration of such signatures, should obligate itself to pay
such assessed benefits,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OFLITTLE ROCK: That the mayor and city clerk of the City
of Little Rock be and they are hereby authorized and directed
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to sign said petition, for and in the name and behalf of the
City of Little Rock, and that the City of Little Rock hereby
agrees and binds and obligates itself to pay, in installments
as levied, all benefits that maybe assessed against its
r operty in said district.
ADOPTED: July 10, 1950.
ATTEST APPROVED:
Ci Clerk
Mayor