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ORDINANCE NO. 14,222
AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED
BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS,-LOTS
AND PARCELS OF LAND WITHIN STREET IMPROVEMENT DISTRICT
NO. 635 OF LITTLE ROCK, ARKANSAS
WHEREAS, a majority in value of the property holders
owning property adjoining the locality to be affected and
situated in Street Improvment District No. 635 of Little Rock,
Arkansas, organized for the purpose of improving a portion of
Sam Peck Road, a public road and street lying in the E 1/2 of
Section 20, Township 2 North, Range 13 West, Pulaski County,
Arkansas by: Removing the existing surface of said portion of
road; grading and excavating same; filling with crushed stone
and resurfacing with an asphalt surface; and by installing
related curbs, gutters, sidewalks, drives, parking areas, curb
inlets and drainage pipes; and by installing, upgrading and
constructing related improvements whether similar or dissimilar
to the above, have petitioned the City Board of Directors of
Little Rock, Arkansas, for the construction of said improvement,
and that the cost thereof shall be assessed upon the real
property in 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 distrct equals
or exceeds the local assessment thereon; and
WHEREAS, the estimated cost of said improvement is
$125,485.00:
NOW, THEREFORE, BE IT ORDAINED by the Board of Directors
of the City of Little Rock, Arkansas:
SECTION 1. 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
five per centum (5%) of the assessment of each of said blocks,
lots and parcels shall be collected by the County Collector
on or before the 20thday of July , 1982, and five per centum
(5 %) of the assessment shall be collected with the first install-
ment 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.
SECTION 2. This ordinance shall take effect and be in
force from and after its passage.
PASSED: April 6 , 1982.
APPROVED:
4_ O.
Attest:
X! _LY �it r r v
C ty Clerk