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4123ORD INANCE NO x+12 OF THE BENEFITS AN ORDINANCE ASSESSING T TO BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL LOTS, BLOCKS A BPD STRICT NO.A45gROF�THE WITHIN STREET. DMOVEME CITY OF TITTLE 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 District No. 459 of the City of Little Roek, Arlansas, organized for the purpose of making local iliprorements therein, by grading, draining, curbing, guttering and paving the streets set out in their petition, and by building a sanitary sewer system, all to be done in such maser 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 Rook for the construction of said improvements aryl that the cost thereof. , shall be assessed upon the real property within said district according to the benefits received; and YEAS, said benefits received by each and every lot, block and parcel of real property situated within said district equals or exceeds the local assessment thereon; and WHEREAS, the estimated cost of said improvement is $24,426.17; NOWT, TBEREFa RE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. That the said several lots, blocks and parcels of real property within said Street Improvement District No. 459 be, and they are, hereby assessed according to the assessment list for said: improvement district, as the sass 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 6 2/3% of said assessment of the value of the benefits of each of the lots, blocks and parcels of "real property in said district shall be paid annually on or bre the }bah day of Same-h- of each year, beginning*:W'sl 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 That all ordinances or parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in Aill force and effect from and after ite Passage- Passed— January 249 1927 Ap�j d - or, ML Z i i