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3982u Z � c y 'v ORDINANCE NO. 5982• AN ORDINANCE ASSESING THE VALUE OF THE 3ENEFITS TO BE RECJ'IV:,:D BY THE OWERS OF EACH OF THE SEVERAL LOTS, BLOCKS, OR 0T1-9,R PARCELS OF LAND ITHIN STRE7,T IlTROWMENT DISTRICT NO. 433 OF THE CITY OF JITTLE ROCK, ARKAN �,AS . WYREAS, a majority in value of the owners of real property owning real property adjoining the locality to be affected and situated within Street Improvement District Pao. 433 of the City of i,ittle Rock, Arkansas, organized for the purpose of making local improvements therein by draining and repaving in such manner and with such materials as the commissioners of said district shall determine to be for the best interests of the district, the streets set out in their petition, have petitioned the city council of the Vity ofjittie Rock for the construction of said improvement and that the cost thereof be assessed upon the real property within said district according to the benefits received; and, WHEREAS, said benefits received b;: each and every lot, block and other parcel of land within said district equals or exceeds the local assessment thereon; and, 'WHEREAS, the estimated cost of said improvement is %4,023.85; NOW, THEREFORE, IT IS ORDAINED 3Y TIE CITY COUNCIL OF THE ITY OF LITTLE ROCK, ARKANSAS. SECTION 1. That the said several lots, blocks and other nareels of land within said street Improvement "istriet PTo. 433 bp, and they are, hf:reby assessed according to the assessment list for said improvement district as the same now remains in the office of the city clerk of the City of Kittle Rock, and. as the same ma,r be annually readjusteO by the board of assessors and that ten per centum �. (101o) of the said assessment of the _value of the benefits of each of -2- _. said lots, blocks or other parcels of real property ,yin said district shall be --laid annually on or before the day of {y f each year until the whole of said assessment shall '1 have been paid The first annual payment shall be made on or V before the day of 1926. SECTION 2. That all ordinances or parts of ordinances in conflict herewith are hereby repealed and this ordinance shall be in full force and effect from and after its passage. Passed March 22, 1926. AP'ROVEP : ATTEST. i ylerk