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3917J $� ORD4 ;TA�7CE iTO. 1 .t- Now — An. Ordi nance Assessing the Value of Benefits to :3e Received by the Owners of Each of the Several Lots, -�loc -,s or Other Subdivisions of La id Vlithin Street Im- prove:nent District To. 418 of the City of Little :Rock, Arkansas . Whereas, a majority in value of the owners of real property owning real property adjoining the locality to be affected and situated within Street Improvernent Dis- trict No. 418 of the City of Little Rock, Pulaski County, Arkansas; organized for the purpose of mahing lEacal im- provements therein by grading, draining, curbing, gutter- ing and the placing of side walks in such manner, and with such materials, as the commissioners of said district shall determine to be for- -- th-e'An'terests of--the l s along the street and streets set out in their'pei ' having petitioned the City Council of the City of Little Rocs-, Pulaski County, Arkansas, for the construction of said improvements and that the cost thereof shall be assessed upon the real property in said district accord- ing to the benefits received; and, Whereas, Said benefits received by eadh and every lot, block and other subdivisions of real property sit- uated in said district equals or exfeeds the local assess- ment thereon and, Whereas, tie estira ted cost of said improve Rents are 16,764.00: Now, `r'herefore. Be It Ordained by tree City Council of the City of Little Rock, Pulaski County, Arkansas. 6ection 1. That the said several lots, blocks and otrier subdivisions of real property within said Street Improvement:District _io. 418 be, and t4ey are hereby assessed according to the assessment lost for said dis- trict as tiie same now remains in the office of the city clerk of the City of Little Rock, Arkansas, and as the same may be annually readjusted by the board of assessors and that seven (7/1o) per centum of said assessment of the value of benefits of each of said lots, blocks or other subdivisions of real property in said district shall be paid annually on or before the l5th :: day of ftbru!g7 cf each year until the whole of said assessment shall have been pa id. ''he first annual payment shall be made on or before the 15th day of februar.3E, 1926. Section 2. That all ordinances Or p=arts of or- dinances in conflict herewith are hereby repealed and said Ordinance shall be in full force and effect from and after its passage. Passed: Approve Attest: r