HomeMy WebLinkAbout15423ORDINANCE NO. 15,423
AN ORDINANCE REASSESSING THE VALUE OF
BENEFITS TO BE RECEIVED BY THE OWNERS OF
CERTAIN OF THE SEVERAL BLOCKS, LOTS AND
PARCELS OF LAND WITHIN MABELVALE -ALEXANDER
SEWER IMPROVEMENT DISTRICT NO. 142 OF THE
CITY OF LITTLE ROCK, ARKANSAS, FOR OTHER
PURPOSES; AND DECLARING AN EMERGENCY.
WHEREAS, the Board of Directors of the City of Little Rock,
Arkansas, established Mablevale- Alexander Sewer Improvement
District No. 142 of the City of Little Rock, Arkansas (the
"District ") on September 17, 1974, by the adoption of Ordinance
No. 12,965 for the purpose of construction within the District
sewer improvements and to make the desired connection with the
sewer system of Little Rock, Arkansas; and
WHEREAS, pursuant thereto the Board of Directors adopted
Ordinance 13,965 on January 6, 1981 ( "Ordinance 13,965 "),
originally assessing the value of benefits to be received by the
owners of each of the several blocks, lots and parcels of land
within the District and establishing a levy therefor; and
WHEREAS, it has become necessary to assess the increased
benefits received by certain of the parcels of real property by
virtue of the change in the nature and use of the respective
parcels of real property and the value of the property by reason
of the construction of the improvements and to make other
necessary corrections; and the Commissioners of the District
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have directed the Board of Assessors of the District to conduct
a revision of the assessments pursuant to law; and
WHEREAS, a revision of the assessments has been duly made
by the Board of Assessors of the District who were appointed by
the Board of Directors and filed in the Office of the City Clerk
pursuant to law (the "1988 Reassessment "), and notice of such
filing was duly published in the Arkansas Democrat, a newspaper
published in and of general circulation in the City of Little
Rock, Arkansas, on January 21, 1988; and
Protest by the following property owners has been received
by Y the City Clerk:
NAME PARCEL NO.
NONE 110NE
WHEREAS, the benefits received by each and every block, lot
and parcel of real property situated in the District equal or
exceed the local assessment therefor; and
WHEREAS, the total assessed benefits as revised herein and
reflected on the attached assessment list as- amended by the 1988
Reassessment amount to $22,969,269.33.
NOW, THEREFORE, BE IT ORDAINED by the Board of ;
Directors of the City of Little Rock, Arkansas;
Section 1. That each of the blocks, lots and parcels of
real property in the District be assessed according to the
assessment list of the District pursuant to Ordinance 13,965 and
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certain parcels be reassessed as reflected in the 1988
Reassessment now attached to this Ordinance and made a part
hereof as if incorporated word for word, and the same shall
remain a part of the records of the City Clerk.
Section 2. Four and one - quarter (4.25) percent of the
assessment of each of the blocks, lots and parcels of property
within the District as levied by Ordinance 13,965 and as amended
by this Ordinance shall continue in full force and effect and
shall continue to be collected by the County Collector with the
first installment of general taxes becoming due in the year 1988
and annually thereafter with the first installment of general
taxes until the whole of the total assessment shall be paid,
such 4.25 percent levy to continue until revised or amended by
subsequent ordinance of Board of Directors.
Section 3. That all ordinances and resolutions and parts
thereof in conflict herewith are hereby repealed to the extent
of such conflict, and this Ordinance shall be in full force and
effect from and after its passage.
Section 4. That there is hereby found and declared to be
an immediate need for reassessing the value of benefits to be
received by the owners of certain of the blocks, lots and
parcels of land within the District and otherwise benefit the
public health, safety and welfare of the city and the
inhabitants thereof, and said reassessment and other action
authorized hereby is immediately necessary for the accomplishing
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of these public benefits and purposes. It is, therefore,
declared that an emergency exists and this Ordinance being
necessary for the immediate preservation of the public peace,
health and safety shall be in full force and effect immediately
upon and after its passage.
PASSED: February 2, 1988.
ATTEST:
CITY (AERK JANE NCH
(SEAL)
1439C -6
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APPROVED: