ORD NO 17-1973-T.
ORDINANCE NO. 17 -1973
AN ORDINANCE ASSESSING THE VALUE OF BENEFITS TO
BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL
BLOCKS, LOTS AND PARCELS OF LAND WITH VISTA HILLS
SEWER IMPROVEMENT DISTRICT NO. 2 OF THE CITY OF
VAN BUREN, ARKANSAS
WHEREAS, a majority in value of the property holders owning
property adjoining the locality to be affected and situated in
Vista Hills Sewer Improvement District No. 2 of the City of Van
Buren, Arkansas, organized for the purpose of constructing a
system of sewers for the use of the inhabitants of said District,
and to dispose of the sewage by connections with sewer mains
heretofore constructed, either within or beyond the limits of the
District, all to be located and constructed in the places and in
the manner and of the materials that the Commissioners for the
said District shall deem for the best interest of the District,
have petitioned the City Council of the City of Van Buren for
the construction of said improvements, and that the costs thereof
shall be assessed upon the real property in said District accord-
ing to the benefits received; and
WHEREAS, said benefits received from each and every block,
lot and parcel of real property situated in said District equals
or exceeds the local assessment thereon; and
WHEREAS, the estimated cost of said improvement is $57,000
to be assessed and charged upon the real property of the District
according to the benefits received; and the assessed benefits
amount to $120,600.00;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF VAN BUREN, ARKANSAS:
Section 1. That the several blocks, lots, and parcels of
real property in said Vista Hills Sewer Improvement District No. 2
be and they are hereby assessed according to the assessment list
as the same now remains in the office of the City Clerk of the
City of Van Buren, Arkansas, and that the same may be annually
readjusted by the Board of Assessors and that six and two- thirds
per cent (6 -2/3 of said assessment of the value of benefits,
to each of the said blocks, lots and parcels of land shall be
collected by the County Collector with the first installment of
general taxes becoming due in 1974 and annually thereafter with
the first installment of general taxes until the whole of said
assessment shall have been paid, provided, however, that after
the payment of the initial assessment in 1974, the annual assess-
ment may be paid in quarterly installments along with the quarterly
installments of ad valorem taxes at the election of the tax payer.
Section 2. That all ordinances and parts of ordinances in
conflict herewith are hereby repealed, and this ordinance shall
be in full force and effect from and after its passage.
PASSED: September 10 1973.
City Clerk
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(Matters not pertaining to the said Improvement District
are omitted.)
There being no further business, the Council adjourned.
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