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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 So...
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