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1302 ORDINANCE NO. 1302 ( #1 - 07) AN ORDINANCE TO ESTABLISH AND LAY OFF THE CITY OF JACKSONVILLE MUNICIPAL MULTIPURPOSE PROPERTY OWNERS' IMPROVEMENT DISTRICT, NO. FOUR (THE MEADOWS MUNICIPAL PROPERTY OWNERS' IMPROVEMENT DISTRICT); AND, FOR OTHER PURPOSES. WHEREAS, a Petition and Revised Petition for the City of Jacksonville Municipal Property Owners Multipurpose Improvement District, No. Four (The Meadows Municipal Property Owners' Improvement District) has been filed with the Jacksonville City Clerk; WHEREAS, this day, having been set as the date and time for the matter to come before the Jacksonville City Council for consideration of said Petitions, the City Council has been presented a Certificate of Abstract, Property Ownership Verification, and other pertinent documents declaring that those executing the Petitions as attached include all of the owners and interested parties of the real property to be located within said District; and, -- - WHEREAS, Arkansas laws regarding Property Owners' Multipurpose Improvement Districts provides that, if the governing body determines that all owners of the rear property to be located within the District have petitioned for said improvements, it shall then establish by Ordinance such a District as defined in the attached Petition and shall appoint commissioners as requested. NOW, THEREFORE, BE ORDAINED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS: SECTION ONE: The real property described in Exhibit "A attached hereto and made a part hereof is hereby established and designated as the City of Jacksonville Property Owners' Multipurpose Improvement District, No. Four (The Meadows Municipal Property Owners' Improvement District) for the purpose of constructing, either within or outside of the boundaries of said District if the property within said District will be benefited thereby, a sewage collection system, a water distribution system, a storm drain collection and distribution system, a telephone service system, a cable television service system, an electrical distribution system, a natural gas distribution system, adequate roads, streets, street lighting, and other such transportation improvements, including sidewalks, curbs, and gutters, a system of retention basins and /or walls, landscaping and adequate trenching, excavation, grading, and erosion control, sufficient engineering and preliminary planning, studies, and surveys relative thereto, all construction associated with the installation of the above systems, and for all purposes and funded as authorized under Arkansas law, as amended, as necessary in order to purchase, construct, operate, receive, and maintain any and all improvements authorized herein or within the scope of power and authority granted through ACA §14 -94 -101 et. seq. SECTION TWO: The following three (3) individuals are hereby appointed as the initial commissioners of said Improvement District: B.J. Boroughs; Brian Boroughs; and, Tammy Tompkins. These individuals are empowered to adopt the necessary provisions, in accordance with ACA §14 -94 -101 et. seq., for the creation, operation, and imposition of financial obligations to operate said Improvement District. ORDINANCE NO. 1302 (#1 - 07) PAGE TWO SECTION THREE: The name of the Improvement District shall be the City of Jacksonville Municipal Property Owners' Multipurpose Improvement District, No. Four (The Meadows Municipal Property Owners' Improvement District). SECTION FOUR: All Ordinances or parts of Ordinances in conflict herewith are hereby repealed to the extent of such conflict. SECTION FIVE: This Ordinance shall take effect upon passage and publication, as provided by and subject to the requirements of applicable law. MrazhS� APPROVED AND ADOPTED THIS A.St DAY OF Y, 2007. CITY OF JACKSONVILLE, ARKANSAS � ic.rotit , TO Y W , AYOR ATTEST: N a t s . (' wr wn SUSAN DA. ITT, CI r CLERK DASTO.• - A rris ROBERT E. BAMBU''Wa