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AN ORDINANCE ESTABLISHING THE DOWNTOWN JONESBORO IMPROVEMENT DISTRICT NO.1 OF THE CITY OF JONESBORO, ARKANSAS
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WHEREAS, parties claiming to be more than two-thirds in value, as shown by the last County assessment of the owners of the property located within the territory hereinafter described, have filed a Petition praying that a central business improvement district be established for the purpose herein after set out; and
WHEREAS, after due notice as required by law, the City Council of the City of Jonesboro, Arkansas, has heard all parties desiring to be heard and has ascertained that said Petition was signed by more than two-thirds in value, as shown by the last County assessment of the owners of real property situated within said territory;
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Jonesboro, Arkansas:
Section 1: There is hereby established a central business improvement district, under the authority of Act 162 of 1973 as amended, the boundaries of which are as follows;
Begin at the intersection of the South line of East Matthews Avenue and the East line of Carson Street and run east to the intersection of the West line of Citizens Street; thence South along the West line of Citizens Street to the Southeast Corner of Lot 5 of Cobb’s Survey of the Northwest Quarter of the Northeast Quarter of Section 19, Township 14 North, Range4 East; thence West along the South line of Lot 5 and Lot 6 of said Cobb’s Survey to the East line of Lot 3 of J.D.C. Cobb Addition; thence South along said East line to the South line of said Lot 3; thence West along said South line to the West line of Cobb Street; thence South along the East side of Charles A. Stuck Subdivision of the South 221 feet of Lot 5 of Warner’s Addition to the North line of Buffalo Street; thence West along said North line to the West line of Jeter Drive; thence North along said West line to the South-east corner of Schade and Crall Subdivision; thence West along the South line of Schade & Crall Subdivision to the West line of Church Street; thence South to the South line of Lot 1 of Knight’s First Addition; thence West along said South line to the West line of Main Street; thence South to the North line of Warner Avenue; thence West along the North line of Warner Avenue to a point 100 feet East of the East line of Madison Street; thence North 145 feet; thence West to the West line of Madison Street; thence North to the North line of Matthews Avenue; thence West to the West line of Lot 19 of Homer Parr Addition; thence North along said West line to the Northwest corner of said Lot 19; thence West to the Southwest corner of Lot 9 of said Addition; thence North to the North line of Jefferson Avenue; thence West to the Southwest corner of Lot 12 of Cobb’s Survey of the Southeast Quarter of the Southwest Quarter of Section 18, Township 14 North, Range 4 East; thence North along the West line thereof to the South line of Lot 6 of Cobb’s Survey of said Southeast Quarter of the Southwest Quarter; thence West along the South line of said Lot 6 and Lot 7 of Cobb’s Survey of the Southwest Quarter of the Southwest Quarter of Section 18, Township 14 North, Range 4 East to the Southwest corner of said Lot 5; thence North to the North line of Washington Avenue; thence East to the Southwest corner of Lot 10 of Flossie Ritter’s Addition; thence North to the North line of Monroe Avenue: thence East to the Southwest corner of Lot 5 of Carson’s Sub of Block 6 of Flint’s Addition; thence North to the North line of Huntington Avenue: thence West to the East line of Sharp Street; thence North to the railroad right-of-way; thence Northeasterly and Easterly along said railroad right-of-way to the Northeast corner of Lot 1 of Cate’s Subdivision of Block 17 of Flint’s Addition; thence South to the Northwest corner of Lot 5, Block 3of Hurley and Moore’s Addition; thence East to the Northeast Corner of Lot 1 in Block 1 of said Hurley & Moore’s Addition, being the West line of Van Dyne Street; thence South to the South line of Creath Street; thence West to the East line of Carson Street; thence South to the South line of Monroe Avenue; thence East to the West line of Bridge Street; thence South to the South line of Washington Avenue; thence West to the Northeast corner of Lot 28 of Cobb’s Survey of the Southwest Quarter of the South-east Quarter of Section 18, Township 14 North, Range 4 East; thence South to the North line of Lot 31 of said Cobb Survey; thence East to the Northeast corner of said Lot 31; thence South to the Southeast corner of Lot 34 of said Cobb’s Survey; thence West to the East line of Carson Street thence South to the point of beginning.
Said district is hereby established for the purpose of constructing, establishing and operating the following; parking facilities (including one or more parking garages), sidewalks, plazas, landscaping, fountains, pedestrian overpasses, and such other improvements, facilities, services and equipment as may be authorized by said Act 162 of 1973, all to be located, constructed, operated and maintained in such manner and with such materials and other such circumstances and conditions as the commissioners to be selected for said district shall deem for the best interest of the District, and that the cost thereof be assessed and charged upon the real property described above.
Section 2: The said central business improvement district shall be known as Downtown Jonesboro Improvement District No.1 of the City of Jonesboro, Arkansas, and James E. Sloan, Ben Owens, Dr. Joe T. Wilson, Danny McDaniel, and Joe Heinemann are hereby named commissioners.
Section 3: It is hereby found and declared that the deterioration of the central business district is a threat to the property tax and revenue sources of the City of Jonesboro, Arkansas, and that the elimination of urban blight and decay and the modernization and general improvement of such central business district is urgent. Therefore, an emergency is declared to exist, and this Ordinance, being necessary for the preservation of the public peace, health and safety, shall take effects and be in force from the date of its approval.
PASSED and ADOPTED this 21st day of March, 1977.