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Home My WebLink About20988 2015007260 Received: 2/3/2015 4:17:56 PM Recorded: 02/03/2015 04:19:31 PM Filed& Recorded in Official Records of Larry Crane, PULASKI COUNTY CIRCUIT/COUNTY CLERK 1 ORDINANCE NO. 20,988=es $25.00 2 3 AN ORDINANCE TO ESTABLISH AND LAY OFF CITY OF LITTLE ROCK 4 MUNICIPAL PROPERTY OWNERS' MULTIPURPOSE IMPROVEMENT 5 DISTRICT NO. 2014-317 OF THE CITY OF LITTLE ROCK, ARKANSAS 6 (PANTHER BRANCH PROJECT);TO DECLARE AN EMERGENCY;AND 7 FOR OTHER PURPOSES. 8 9 WHEREAS, a Petition to form City of Little Rock Municipal Property Owners' Multipurpose 10 Improvement District No.2014-317(Panther Branch Project)has been filed with the Little Rock City Clerk; 11 and, 12 WHEREAS,the City Clerk has presented the petition to the Mayor; and, 13 WHEREAS,the Mayor has set January 20,2015,at 6:00 PM as the date and time for hearing before the 14 Little Rock Board of Directors for consideration of the petition; and, 15 WHEREAS,the Little Rock Board of Directors has determined from an abstractor's certificate of property 16 ownership that those signing the petition constitute all the owners of the real property to be located in said 17 district; and, 18 WHEREAS,the Arkansas Municipal Property Owners' Improvement District Law provides that if the 19 governing body determines that all the owners of the real property to be located in the district have petifionedCI ci1j 20 for the improvements,it shall then be its duty by ordinance to establish and lay off the district as defined in r- 21 petition and to appoint the commissioners named in the petition. _ f ' 22 NOW,THEREFORE,BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THt 23 LITTLE ROCK,ARKANSAS: ` " �� tA s, v‘ 24 Section 1. That the real property described in Exhibit "A" attached hereto and made a part hereof 25 hereby established and laid off as City of Little Rock Municipal Property Owners'Multipurpose Improvement 26 District No. 2014-317 (Panther Branch Project)for the purpose of constructing,either within or without the 27 boundaries of the District, if the property within the District will be benefited thereby, a sewage collection 28 system, water distribution system, telephone service system, cable television service system, electrical 29 distribution system, natural gas distribution, a system of roads and streets, including sidewalks, curbs and 30 gutters, underground drainage system, a system of street lighting, retaining walls, and landscaping, and all 31 trenching, excavating, grading and all construction associated with the installation of the above systems, 32 together with facilities related to any of the foregoing within said District. [Page 1 of 31 1 Section 2. The following three (3) individuals are hereby appointed as commissioners of said 2 improvement district: James Barnes; Brandon Huffman; and Robert Graham Smith. 3 Section 3. The name of the improvement district shall be the City of Little Rock Municipal Property 4 Owners' Multipurpose Improvement District No. 2014-317 (Panther Branch Project. 5 Section 4. The Board of Directors hereby determines that there is a need for additional infrastructure 6 within the City and hereby determines that the passage of this ordinance will facilitate construction of 7 additional infrastructure within the City;therefore,an emergency is hereby declared to exist,and this ordinance 8 being necessary for the public health, safety and welfare shall be in full force and effect from and after its 9 passage and approval. 10 PASSED: January 20,2015 11 A APPROVE 12 114 13 •►A / 14 Sus n ngI City Clerk Mark Stodola,Mayor 15 APPR ED AS TO LEGAL FORM: 16 / // 17 1 -� /,1,1 , at,� 18 Thomas M. Carpentei.,City A�t orney 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 [Page 2 of 31 1 EXHIBIT A 3 LEGAL DESCRIPTION 4 PANTHER BRANCH ADDITION 5 LOT 2(UNRECORDED) 6 PART OF TRACT 24,SACH'S SUBURBAN TRACTS,LOCATED IN THE SE'A OF SECTION 6,T-1-N, 7 R-13-W,PULASKI COUNTY,ARKANSAS,MORE PARTICULARLY DESCRIBED AS FOLLOWS: 8 9 COMMENCING AT THE NORTHWEST CORNER OF SAID TRACT 24; THENCE S88°02'05" E 10 ALONG THE NORTH LINE OF SAID TRACT 24, 200.68 FT. TO THE POINT OF BEGINNING; 11 THENCE S35°27'26"W,360.79 FT. TO A POINT ON THE WEST LINE OF SAID TRACT 24;THENCE 12 SO1°39'43"W ALONG SAID WEST LINE, 340.31 FT. TO THE SOUTHWEST CORNER OF SAID 13 TRACT 24; THENCE S88°07'57"E ALONG THE SOUTH LINE OF SAID TRACT 24, 711.42 FT.; 14 THENCE N35°27'26"E,302.57 FT. TO A POINT ON THE SOUTH RIGHT-OF-WAY LINE OF KANIS 15 ROAD,BEING 25.0 FT.FROM THE CENTERLINE THEREOF:THENCE N54°45'00"W ALONG SAID 16 SOUTH RIGHT-OF-WAY LINE, 706.35 FT. TO THE NORTHEAST CORNER OF SAID TRACT 24; 17 THENCE N88°02'05"W ALONG THE NORTH LINE OF SAID TRACT 24,90.62 FT. TO THE POINT OF 18 BEGINNING,CONTAINING 397,958 SQUARE FEET OR 9.1359 ACRES MORE OR LESS. 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // Page 3 of 31