Arkansas Code Title 14. Local Government § 14-218-114. Assessments--Ordinance--Forms--Liens

(a) The ordinance may be in the following form:

“Whereas the majority in value of the property holders owning property adjoining the locality to be affected and situated in Consolidated Water & Light District of ․․․․․․․․․․, organized pursuant to Act No.․․․ of the Acts of 1927, have petitioned the council of the city of ․․․․․․․․․․ to acquire and construct the improvements as in said act provided, and that the cost thereof shall be assessed upon the real property of said district according to the benefits received; and

“Whereas, said benefits received by 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 ․․․ dollars;

“Therefore it is now ordained by the City Council of the City of ․․․․․․․․․․ that said several blocks, lots, and parcels of real property in said district be assessed according to the assessment list for said improvement district as the same now remains in the office of the city clerk, and that ․․․ per cent on each of said blocks, lots, and parcels shall be paid annually on or before the ․․․ day of ․․․․․․․․․․ until the whole of said local assessment shall be paid.”