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40434 =l r r 0 RD INA NC E NUMER 17Z o j --------- - - - - -- An Ordinance Assessing the Value of j Benefits to be Received by the owners of Each Of the Several Blocks, Lots and Parcels of Land Within Pulaski Heights Sewerage District Number 101 of the City of Little Rook, Arkansas. Whereas, a majority in value of the property holders owning property adjoining the 100ality to be affected and situated in Pulaski Heights Sewerage District Number 101, in the City of Little Rook, Arkansas, organized for the purpose of making local improvements therein by constructing a sewerage system in said district o a cording to plans filed in the office Of the City Clerk, by the commissioners of said district, have Petitioned the City Council of the City of Little Rook 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, railroad and railroad rights - of -way situated in said di strict equals or exceeds the local assessment thereon; and, Whereas, the estimated cost of said improvement is One - 3undred Twenty -nine Thousand Nine Hundred Thirty -two Dollars and Fifty Cents (6129,932.b0), exclusive of interest e►e1' THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE ITY OF LITTLE ROCK, ARKANSAS: Section 1: That the said several blocks, lots and parcels of real property, railroads and railroad rights -of -way in said Pulaski Heights Sewerage District Number 101, be, and they are hereby 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 Little Rook, and as the same may be annually readjusted by the Board of Assessors, and that ton per centum of said assessment of the value of benefits to each to r 2.. of said blooks., lots, and parcels of land, railrojads and railroad ls- rights-of-way shall be paid on or before the , -day of min each of the years 1926 to 1935, inclusive, until the whole of said local assessment shall have been paid, and said local assessment shall be a charge and a lien against all the real property in said district from the date of this Ord inarr.ce and shall be entitled to preference over all judg- ments, executions, encumbrances, or liens whensoever created, until such local assessment, with any penalty and cost that may scorns thereon, shall be paid; provided, as between grantor i and grantee, all payments not due at the date of the transfer of such real property shall be payable by the grantee. Section 2; That all ordinances or parts of ordinances in conflict herewith be and the sams are hereby repealed and this ordinance shall be in full force and effect from and after its passage. r ' I`LL. U�