819
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ORDINANCE N0.
AN ORDINANCE TERMINATING THE LEVYING
OF A TAX AGAINST THE ASSESSMENT OF
BENEFITS AS TO LOTS AND PARCELS IN
F CURB AND GUTTER IMPROVEMENT DISTRICT N0. 1
K` OF WEST MEMPHIS, ARKANSAS, DECLARING AN
~... EMERGENCY, AND FOR OTHER PURPOSES
WHEREAS, on June 18, 1956, Ordinance No. 326 was
adopted by the City Council of the City of West Memphis,
Arkansas, confirming the assessment of benefits as to the
several lots and parcels of real property in Curb and
Gutter Improvement District No. 1 of West Memphis, Arkansas,
and levying a tax of 2-1/2/ against the assessment of benefits
as to each of said lots and parcels to be collected by the
County Collector with the first installment of general taxes
becoming due in 1957, and annually thereafter with the
first installment of general taxes until the whole of said
local assessment shall be paid; and
WHEREAS, the tax aforesaid was levied for the purpose
of paying the estimated cost of the construction of a certain
improvement within the confines of the District estimated
to be in the amount of $03,778; and
WHEREAS, bonds were issued and the proceeds of same
were used for the purpose of the construction of said improve-
ment lying within the confines of the District, and the
District now has on hand sufficient monies to pay the bonds
outstanding as well as the interest thereon;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF WEST MEMPHIS, ARKANSAS:
SECTION 1. That the tax of 2-1/2/ levied against
the assessment of benefits as to each of the lots and parcels
in said District for the construction of the improvement lying
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within the confines of the District is hereby terminated and
no further tax will be collected by the Collector of Crittenden
County, Arkansas, after the collection of the taxes collected
with. the general taxes due and payable in 197-.
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~•~ SECTION 2. All ordinances or parts of ordinances in
i... conflict herewith are hereby repealed to the extent of such
conflict.
SECTION 3. Emergency Clause. It being found and
determined by the City Council of the City of West Memphis,
Arkansas that there is immediate need to relieve and alleviate
the financial burden of the taxpayers of Curb and Gutter
Imp rovement District No. 1, in West Memphis, Arkansas, it is,
therefore, declared that an emergency exists and this ordinance
being necessary for the immediate preservation of the public
health, safety and welfare, shall be in full force and effect
immediately upon and after its passage and approval.
PASSED AND APPROVED this day of/Z'~Y~Yri 1JG~ ,
197~--.
ATTEST:
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"" CITY LERK
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MAYOR
CERTIFICATE
I, the undersigned, City Clerk of the City of West
Memphis, Arkansas, duly qualified and acting, do hereby
certify that attached to this certificate is a copy of
Ordinance No. 819 , terminating the levying of a tax
~' against the assessment of benefits as to lots and parcels in
Curb and Gutter Imp rovement .District No. 1 of West Memphis,
Arkansas, and that said copy is a true, correct and complete
copy of said Ordinance No. 819 , now on file in my office.
2.
a I ~ n
Certified under my hand and seal of the City of West
Memphis, Arkansas, this 7th day of November ,
197+.
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--~' CITY CLE
WEST MEMPHIS, KANSAS
(SEAL)
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