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PRESENTED:12-16-201509:27:59 AM RECORDED:12-16-201510:04:34 AM
1 ORDINANCE NO. 21,1516 Official Records of Larry Crane Circuit/County Clerk
2 PULASKI CO,AR FEE$25.00
3 AN ORDINANCE TO REASSESS THE BENEFITS TO BE RECEIVED BY
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4 THE OWNERS OF EACH OF THE SEVERAL LOTS, BLOCKS, AND4,4
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5 PARCELS OF LAND WITHIN RIVERDALE LEVEE IMPROVEMENT B t U rG�l?,
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6 DISTRICT NO. 134 OF LITTLE ROCK, >ARKANSAS• TO DECLARE ANF. J r° "
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7 EMERGENCY; AND FOR OTHER PURPOSES.
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9 WHEREAS,Riverdale Levee Improvement District No. 134 of Little Rock,Arkansas(the"District"),
10 is a duly created and existing Municipal Improvement District organized under Ordinance No. 12,932,
11 adopted by the City Board of the City of Little Rock,Arkansas on May 21, 1974; and,
12 WHEREAS,the duly appointed Board of Commissioners of the District has determined that the value
13 of improvements to the levee and drainage system of the District should be reassessed, adjusting the
14 assessment against particular pieces of property as justice may require, and has filed its report describing
15 the reassessment with the City Clerk; and,
16 WHEREAS,the Assessors for the District have filed their Assessment Book with the City Clerk and
17 notice of the filing was published one(1)time on November 18,2015, and one(1)time on November 25,
18 2015, in the Arkansas Democrat-Gazette; and,
19 WHEREAS,the Assessors for the District have filed their Certificate of Assessors with the City Clerk
20 certifying the reassessment actions taken by the Board of Assessors and certifying compliance with all
21 necessary notification requirements; and,
22 WHEREAS, a hearing on the reassessment was held by the Board of Commissioners in the Office of
23 the City Clerk at 4:00 PM on December 11,2015, and no objections were made to the reassessment; and,
24 WHEREAS,based on a report from the Assessors,the Board of Commissioners determined that it was
25 in the best interest of the District to adjust the reassessment of the real property in the District and the value
26 of the benefit of the improvement to accrue to each parcel of land which was previously reviewed and
27 approved by the Board of Assessment and filed with the City Clerk, and,
28 WHEREAS, the Assessors re-filed the adjusted Assessment Book with the City Clerk, as approved
29 and ratified by the Board of Commissioners; and,
30 WHEREAS,said adjusted Assessment Book shows that the benefits received by each and every block,
31 lot,and parcel of real property situated in the District totaling Twelve Million,Nine Hundred Eighty-Seven
32 Thousand, Five Hundred Ninety Dollars ($12,987,590.00), which amount equals or exceeds the local
33 assessment thereon.
34
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1 NOW,THEREFORE,BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY
2 OF LITTLE ROCK,ARKANSAS:
3 Section 1. The said several blocks, lots, and parcels of real property in the District be reassessed
4 according to the Assessment Book filed in the Office of the City Clerk, and that 2.5%of the assessment of
5 each of said blocks, lots, and parcels shall be collected by the Pulaski County Collector with the first
6 installment of general taxes coming due in each year, beginning in the year 2016, until the whole of said
7 local assessment shall be paid.
8 Section 2.Severability.In the event any title,section,paragraph,item,sentence,clause,phrase,or word
9 of this ordinance is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication
10 shall not affect the remaining portions of this ordinance,which shall remain in full force and effect as if the
11 portion so declared or adjudged invalid or unconstitutional was not originally a part of this ordinance.
12 Section 3. Repealer. All ordinances and resolutions inconsistent with the provisions of this resolution
13 are hereby repealed to the extent of such inconsistency.
14 Section 4. There is hereby found and declared to be an immediate need for the reassessment of the
15 value of improvements to the levee and drainage system of the District to be achieved through the approval
16 of the assessments set forth in the Assessment Book and the taking of any other action authorized herein in
17 order to provide just assessment of the particular pieces of property within the District as referred to above,
18 and to otherwise benefit the public health, safety, and welfare of the City and the inhabitants thereof. It is
19 therefore, declared that an emergency exists and this ordinance, being necessary for the immediate
20 preservation of the public health, safety, and welfare, shall be in force and take effect immediately upon
21 and after its passage.
22 PASSED: December 15,2015 '
23 ATT APPROVED:1
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25 p4,
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26 us; 'i ley,City Clerk Mark Stodola,Mayor
27 AP' \ AS TO LEGAL FORM:
28
29 �1qq
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30 Thomas M. Carpenter,City Attorne
31 //
32 II
33 //
34 //
35 //
[Page 2 of 2]
CERTIFICATE
STATE OF ARKANSAS)
COUNTY OF PULASKI)
CITY OF LITTLE ROCK)
I, Susan Langley, City Clerk within and for the City aforesaid, do hereby certify
that the foregoing is a true and correct copy of Ordinance 21,155 of the City of Little
Rock, Arkansas, entitled: "AN ORDINANCE TO REASSESS THE BENEFITS TO
BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL LOTS,
BLOCKS, AND PARCELS OF LAND WITHIN RIVERDALE LEVEE
IMPROVEMENT DISTRICT NO. 134 OF LITTLE ROCK, ARKANSAS; TO
DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES." passed by the
Board of Directors of said City on December 15, 2015, as same, now appearing of record
in this office.
IN WITNESS WHEREOF, I have hereunto set my hand and seal of office on
this 16th day of December, 2015.
411
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