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41130 i3DIIuANCE 110. 4113- " <`p ORDII n1tCE ASaEa:_'ING M, VAZI,`E�: OF TIC ':3E1FITS TO BE ��E"IVED BY `- "lr2 0'�d.�, OF EA 'I OF TrZ ^V 'RAL LOTS, BLOCKS, OR OT_:ER ' a U3DIVISI01 S 0 _AITD ITiiIN STREET E,LPROV E1.E1l_ 2 DISTRICT NO. 438 O:r' THE CITY OF TITTLE jtOCK, ARKANSAS iBEREAS, 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 No. 438 of the City of Little Rock, Arkansas, organized for the purpose of making local improvements therein by grading, draining, curbing, guttering and paving the street set out in their petition, excepting the inter- sections of streets heretofore paved, all to be located and constructed in the places and in the manner and of the materials that the commissioners for said district, to be hereafter appointed, shall deem 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 4 received; and ,1EEREAS, said benefits received by each and every lot, block, or other subdivision of land situated within said district equals or exceeds the local assessment thereon; and `iHEREAS, the estimated cost of said improvement is Seventy -two thousand nine hundred eighty and 12/100 Dollars ($72,980.12); THEREFORE, IT IS NOVI ORDAIIMD BY TBE CITY COMTCIL OF LITTLE ROCK, ARKANSAS: Section 1. That the said several lots, blocks, or other sub- divisions of real property within said Street Improvement District No. 438 be, and they are, hereby assessed according to the assess- ment list for said improvement district, as the 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 six and-2/3 per centurg (6 2/3%) of said assessment of the value t -*It of the benefits of each of said lots, blocks, or other sub- divisions of real property within said Street Improvement District No. 438 shall be paid on or before the 15th day of March of each year, beginning March 15, 1927, until the whole of said assessment shall have been paid. 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 That all ordinances or parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect fran and after its passage. Passed: January 3, 1927. 0'/- . E- 2A!�t� Approved: yor. , 7 Attest: City r