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1024 1f1 ORDINANCE NO. 1024 (#7-94) AN ORDINANCE ESTABLISHING PENNPOINTE MUNICIPAL PROPERTY OWN:~S REC~EATIO~A_ I~P~OVEME~T DISTRICT FOR JENNPOINTE SUBDIVISION; D~C_A~ING A~ EMERGENCY; ANDJ FOR OTHER PURPOSES. ---------~----~---~----~---------------~~----------~----~---~ ----------~--~-------~-------------~-~-------------------~--- WH~~EASJ A )ETITION HAS BEEN FILED WITH THE CITY CLERK OF THE CITY OF JACKSONVILLEJ ARKANSASJ PURPORTING TO BE SIGNED BY ALL OWNERS OF RECORD TITLE OF THE REAL PROPERTY WITHIN THE TERRITORY DESCRIBED ON EXHIBIT AJ PRAYING THAT AN IMPROVEMENT DISTRICT BE ESTABLISHED FOR THE PURPOSES SET FORTH HEREIN; ANDJ w - ~ ~ ~ASJ ALL PROPERTY OWNERS OF RECORD OF THE IMPROVEMENT DISTRICT HAVE WAIVED NOTICE OF HEARINGJ AND IT HAS BEEN ASCERTAINED THAT ALL OWNERS OF RECORD TITLE OF THE REAL PROPERTY DESCRIBED IN SAID JETITION AND ON :XHIBIT A HAVE APPROVED SAID PETITION. NOWJ THEREFORE .I BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLEJ ARKANSASJ THAT: S~CTIO~ O~~. THERE IS HEREBY ESTABLISHED AN IMPROVEMENT DISTRICT (liTHE DISTRICT") WITHIN THE TERRITORY DESCRIBED ON EXHIBIT A FOR THE PURPOSES OF CONSTRUCTINGJ MAINTAININGJ AND FINANCING THE FOLLOWING RECREATIONAL FACILITIES TO INCLUDEJ BUT NOT BE LIMITED TOJ SWIMMINGJ FISHINGJ AND BOATING LAKESJ GREEN AREASJ RECREATIONAL AND PARK AREASJ TENNIS COURTSJ BASEBALL FIELDSJ FOOTBALL FIELDSJ A SWIMMING POOL AND ITS ATTENDANT FACILITIESJ BASKETBALL COURTSJ PICNIC TABLESJ PAVILIONSJ AND SIMILAR TYPES OF RECREATIONAL FACILITIES AS ARE IN THE OPINION OF THE COMMISSIONERS OF THE IMPROVEMENT DISTRICT TO THE BENEFIT OF SUCH OWNERS OF PROPERTY LYING WITHIN THE BOUNDARIES OF THE DISTRICT. THE DISTRICT SHALL HAVE THE RIGHT TO EXERCISE THE POWER OF EMINENT DOMAIN IN ORDER TO CARRY OUT ITS PURPOSESJ AND SHALL BE KNOWN AS PENNPOINTE MU'ICIPAL ~RO)E~TY OWN~~S RECREATIO~A_ I_~P_~OV~_~E~_T DISTRICT \l ~B:~ 0\:. RICHARD JENNJ RHONDA )ENNJ AND DR. LINDY BOLLEN J ALL BE I NG I NTERESTED PART I ES OF REAL PROPERTY WITHIN THE DISTRICTJ ARE HEREIN NAMED AS THE INITIAL COMMISSIONERS WHO SHALL CONSTITUTE THE BOARD OF IMPROVEMENT OF SAID DISTRICT. S~CTIO~ TWO. ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH ARE HEREBY REPEALED TO THE EXTENT OF SAID CONFLICT. SECTION THREE. IT HAS BEEN FOUND AND IS HEREBY DECLARED BY THE CITY COUNCIL THAT THERE IS AN IMMEDIATE NEED WITHIN THE CITY OF JACKSONV I LLE.I ARKANSAS.I FOR THE IMPROVEMENTS DESCRIBED ABOVE IN THIS ORDINANCE. THE CREATION OF THE IMPROVEMENT DISTRICT IS THE MOST EFFICIENT MEANS WHEREBY THESE IMPROVEMENTS MAY BE ACCOMPLISHED. THEREFOREJ AN EMERGENCY IS HEREBY DECLAREDJ AND THIS ORDINANCEJ BEING NECESSARY FOR THE PRESERVATION OF PUBLIC PEACEJ HEALTHJ AND SAFETYJ SHALL BE IN FORCE UPON AND AFTER ITS PASSAGE. ORU1~~~Ct ~O. 1024 (#7-94) JUNE ~J 1994 p~GE 1~o ~PPRO\JtU ~~U \UOP1tU 1\-\1S .-d- U \'{ Or JU~tJ 1994. ~11tS1 ~ ..../"-