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HomeMy WebLinkAbout16970 1 RESOLUTION NO. 16,970 2 3 A RESOLUTION TO SET MARCH 3, 2026, AS THE DATE FOR A PUB- 4 LIC HEARING ON WHETHER TO ESTABLISH CHENAL VALLEY 5 MUNICIPAL PROPERTY OWNERS MULTI-PURPOSE IMPROVE- 6 MENT DISTRICT NO. 2026-01; AND FOR OTHER PURPOSES. 7 8 WHEREAS, property owners who claim to be all of the owners of record title of real property 9 located within a proposed municipal property owners improvement district as described in Exhibit A have 10 filed a petition with the City seeking the formation of such district,and 11 WHEREAS, a public hearing must be held prior to the creation of this district, which is to be 12 known as Chenal Valley Municipal Property Owners Multi-Purpose Improvement District No.2026-01. 13 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE 14 CITY OF LITTLE ROCK,ARKANSAS: 15 Section 1. The Board of Directors shall conduct a public hearing at 6:00 PM in the Board Meet- 16 ing Room on the second floor of City Hall at 500 West Markham, Little Rock, Arkansas, on Tuesday, 17 March 3, 2026, on the question of whether to approve the creation of Chenal Valley Municipal Property 18 Owners Multi-Purpose Improvement District No.2026-01; all person wishing to be heard on this issue 19 will be heard at that time. 20 Section 2. The basic description of the boundaries for this proposed district are attached as Ex- 21 hibit A to this resolution,and the basic list of improvements is attached as Exhibit B. 22 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, 23 or word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 24 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 25 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the 26 resolution. 27 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same,that are inconsistent 28 with the provisions of this resolution are hereby repealed to the extent of such inconsistency. 29 ADOPTED: FEBRUARY 17,2026 30 // 31 // 32 // 33 // Page 1 of 4 1 ATTEST: APPROVED: 2 3 4 Allison Segars,Ci erk Frank Scott,Jr.,Mayor 5 APPROVED AS TO LEGAL FORM: 6 i64_, 8 Thomas M.Carpenter,City orney 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // Page 2 of 4 1 EXHIBIT A 2 3 DISTRICT BOUNDARY DESCRIPTION: 4 5 PART OF SECTION 15,22 AND 23,ALL IN T-2-N,R-14-W,LITTLE ROCK,PULASKI COUN- 6 TY,ARKANSAS,MORE PARTICULARLY DESCRIBED AS FOLLOWS: 7 COMMENCING AT THE SOUTHWEST CORNER OF CHENAL VALLEY PHASE 12C, 8 KNOWN AS ABERDEEN SUBDIVISION, AN ADDITION TO THE CITY OF LITTLE ROCK, 9 PULASKI COUNTY, ARKANSAS. SAID POINT ALSO BEING ON THE NORTHERN RIGHT- 10 OF-WAY OF CHENAL PARKWAY; THENCE S07°36'24"W, 144.16 FEET TO A POINT ON 11 THE SOUTHERN RIGHT-OF-WAY OF CHENAL PARKWAY. SAID POINT ALSO BEING 12 THE POINT OF BEGINNING; THENCE ALONG SAID SOUTHERN RIGHT-OF-WAY THE 13 FOLLOWING COURSES: 1) S68°32'52"E, 501.50 FEET; 2) ALONG THE ARC OF A 2794.70 14 FOOT RADIUS CURVE TO THE RIGHT,HAVING A CHORD BEARING AND DISTANCE OF 15 S65°49'02"E, 266.26 FEET; 3) S63°05'13"E, 38.95 FEET; 4) N26°54'47"E, 10.00 FEET; 4) 16 S63°05'13"E, 1200.00 FEET; 5) 526°54'47"W, 10.00 FEET; 6) S63°05'13"E, 214.29 FEET; 7) 17 ALONG THE ARC OF A 884.93 FOOT RADIUS CURVE TO THE RIGHT,HAVING A CHORD 18 BEARING AND DISTANCE OF 562°00'56"E, 33.09 FEET; 8) N29°03'21"E, 10.00 FEET; 9) 19 ALONG THE ARC OF A 894.93 FOOT RADIUS CURVE TO THE RIGHT,HAVING A CHORD 20 BEARING AND DISTANCE OF S47°18'58"E, 421.73 FEET 10) S56°18'43"W, 20.00 FEET; 11) 21 ALONG THE ARC OF A 874.93 FOOT RADIUS CURVE TO THE RIGHT,HAVING A CHORD 22 BEARING AND DISTANCE OF S15°32'46"E, 552.30 FEET; 12) 502°51'08"W, 276.67 FEET; 13) 23 ALONG THE ARC OF A 1034.93 FOOT RADIUS CURVE TO THE LEFT, HAVING A CHORD 24 BEARING AND DISTANCE OF S25°17'01"E, 976.07 FEET; 14) S53°25'09"E, 72.19 FEET; 15) 25 N36°34'50"E, 10.00 FEET; 16) S53°25'10"E, 649.99 FEET; 17) S36°34'S0"E, 10.00 FEET; 18) 26 S53°25'10"W, 13.28 FEET; 19) ALONG THE ARC OF A 874.93 FOOT RADIUS CURVE TO 27 THE RIGHT, HAVING A CHORD BEARING AND DISTANCE OF S37°44'30"E, 498.08 FEET; 28 20) S68°47'02"W, 40.00 FEET; THENCE LEAVING SAID RIGHT OF WAY THE S68°47'02"W, 29 474.56 FEET; THENCE N53°25'10"W, 1785.75 FEET; THENCE NO2°51'08"E, 1332.71 FEET; 30 THENCE N63°05'13"W, 624.86 FEET; THENCE S26°54'47"W, 749.13 FEET; THENCE 31 N63°05'13"W, 1144.80 FEET; THENCE N00°01'00"E, 1422.61 FEET TO THE POINT OF BE- 32 GINNING,CONTAINING 96.89 ACRES,MORE OR LESS 33 // Page 3 of 4 1 EXHIBIT B 2 3 Description of Improvements 4 5 The improvements to be undertaken by the proposed district are generally as follows: (i) constructing new, and 6 improvements to, existing public streets and roadways together with sidewalks and pedestrian paths appurtenant 7 thereto, storm drains and street lights for the new southern extension of Chenonceau Boulevard, and such other street 8 and road improvements and secondary access drives incidental thereto as depicted in the map attached as Exhibit B; 9 together with modification to Chenal Parkway to allow for construction of the fourth leg of the intersection of Chenal 10 Parkway and Chenonceau Boulevard, and to open, grade, drain, pave, curb, gutter or otherwise improve such other 11 streets,roads,highways,and every other way for passage and use of vehicles,and including sidewalks,pedestrian trails 12 and walkways, viaducts, underpasses and appurtenant lighting, including but not limited to modification of existing 13 traffic signals and construction of additional traffic signals at the intersection of Chenal Parkway and Chenonceau 14 Boulevard, either within or without the boundaries of the District if the Property of the District will be benefited 15 thereby, and such purpose shall include the acquisition of rights of way by purchase or the exercise of the power of 16 eminent domain, and to maintain such streets, roads, highways, and every other way for passage and use by vehicles 17 and pedestrians, lying within the boundaries of the District or beyond the boundaries of the District if the Property of 18 the District will be benefited thereby;(ii)constructing new and modifying existing water mains along Chenal Parkway 19 and additional water mains and appurtenances at other locations within or without the District as depicted on the map 20 attached as Exhibit B and other appurtenant water improvements either within or without the boundaries of the District 21 if the Property of the District will be benefited thereby; (iii) constructing sanitary sewer gravity mains and 22 appurtenances, including roadway bores and appurtenances, as depicted on the map attached as Exhibit B and other 23 appurtenant sewer improvements either within or without the boundaries of the District if the Property of the District 24 will be benefited thereby;(iv)acquiring and constructing electric junction boxes,electric conduits,underground power 25 lines, street lighting, electrical distribution conduits, roadway boxes, conductors, pull boxes, switchgears and 26 switchgear pads, and other electric utility improvements as depicted on the map attached hereto as Exhibit B either 27 within or without the boundaries of the District if the property of the District will be benefited thereby;(v)constructing 28 stormwater detention facilities, drainage culverts, headwalls, and storm drainage facilities as depicted on the map 29 attached as Exhibit B and other appurtenant stormwater facilities and improvements either within or without the 30 boundaries of the District if the Property of the District will be benefitted thereby; (vi)payment of professional fees 31 related to the design and construction of work described herein, and all other purposes authorized by Ark. Code Ann. 32 Title 14, Chapter 94 and amendments thereto; and (vii) conducting any and all other acts which shall be deemed 33 necessary in order to purchase, construct, accept as a gift, operate and maintain any and all improvements authorized 34 therein(together, the"Project"). Said purposes are to be accomplished in the manner and with the materials that the 35 commissioners for the District shall deem to be in the best interest of the District and as specified by law. The cost of 36 the Project shall be assessed upon the real property of the District according to the benefits received. 37 II Page 4 of 4