Arkansas Code Title 14. Local Government § 14-90-802. Ordinance--Form

The ordinance referred to in § 14-90-801 may be in substantially the following form:

“WHEREAS, a majority in value of the property holders owning property adjoining the locality to be affected and situated in District No.․․․ organized for the purpose of ․․․․․․․․․․ have petitioned the governing body of the city (or town) of ․․․․․․․․․․ for the construction of said improvement, 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 governing body of the city (or town) 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 recorder or city clerk, and that ․․․ percent of the assessment of each of said blocks, lots, and parcels shall be collected by the County Collector on or before the ․․․․․․․․․․ day of ․․․․․․․․․․ and ․․․․․․․․․․ percent of the assessment shall be collected with the first installment of general taxes becoming due more than five (5) months thereafter, and annually thereafter, with the first installment of general taxes until the whole of said local assessment shall be paid.”