4097i
v
ORDINANCE NO. 4093
AN ORDINANCE ASSESSING THE VALUE OF THE BENEFITS TID BE
RECEIVED BY HE OWNERS OF EACH OF THE SEVERAZ ZOT S BIO(KS
OR OTHER #�IVISIONS OF REAL PROPERTY WITHIN STREET
IMPROVEMENT DISTRICT NO, 449 OF THE CITY OF LITTIE 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 Improvement Distri of No.
449 of the City of little Rock, Arkansas, organized for the
purpose of making local improvements therein, by grading,
draining, curbing, guttering and having certain streets as
set out in said petition, and draining and repaving certain
other streets as set out in said petition, in such manner
and with such materials as the commissioners of said district
shall determine to be for the best interests of the district,
have petitioned the City Council of the City of little Rock
for the construction of said improvement and that the cost
thereof shall be assessed upon the real property within said
district according to the benefits received; and
WHEREAS, said benefits received by each and every lot,
block or other subdivision of real property situated vt thin
said district equals or exceeds the local assessment thereon; and
WHEREAS, the estimated cost of said improvement is
$40,482.03;
THEREFORE, IT IS NOW ORDAINED BY THE CITY COUNCIL OF THE
CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That the said several lots, blocks or other
subdivisions of real property within said Street Improvement
District No. 449 be, and they are, hereby assessed aaeordirg
to the assessment list for said improvement 4.ist.riei,as the
f a
same now remains in the office of the City Clerk of the
City of Little Rock and as the same may be annually readjusted
by the board of assessors, and that four per centum (4 %) of
said assessment of the value of the benefits of each of said
lots, blocks or other subdivisions of re ropert in said
district shall be paid on or before the I -4e-*- day o of
the years 192V and 1928, and six and two— thirds per eentum
/3 %) of said assessment shall be paid on or before th e
aAday ofe=of each year thereafter, until the vh ole
of said assessment shall have been paid.
section 2. That all ordinances or parts of ordinances
in conflict herewith are hereby repealed, and this ar dinance
shall be in full force and effect from and after its passage.
Passed: Npitember 1 , 1926.
Approved: WVL'4- 4 e'
a .
Attest:
city