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41970 (:!E) ORDINANCE N0. 4197• AN ORDINANCE ASSESSIM THE VALUE OF BENEFITS TO RE F.ECPlVFD 77 THE OWNERS OF EACH OF THE SEVERAL IATS, MOCKS, ATIM PARCELS OF LAND WITHIN STREET IITROM4F.NT DISTRICT N0. 475 OF THE CITY OF LITTLE ROCK, ARKANSAS.• REAS, &..majority ins Nalmo --s f the property holders owning --- __-- property adjoining the locality to be affected and situated in Street Improvement District No. 475 of the City of Little Rock, Arkansas, organized for the purpose of grading and paving, T Street from Van Buren Street to Taylor Street, in such manner and with such materials as the commissioners shall determine to be for the best interests of the district, have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of said improvement, and that the cost thereof shall be assessed upon the real property of said district according -to the benefits received; and WHEREAS, said benefits received by each and every block, lot, and parcel of real property situated in said district equals or exceeds the local assessment thereon; and WHEREAS, the estimated cost of said improvement is $8,173.00. NOW, THEREFORE, Be it Ordained by the City Council of the City of Little Rock, Arkansaw: Section 1. That the sevcr�.il blocks, lots, and parcels of real property in said district be assessed according to the assessment list i for said improvement district as the same now remains in the office of the City Clerk, and as the same may be annually readjusted by the Board of Assessors, and that six and one -half (6ej.) percentum on each��i of said blocks, lots and parcele shall be paid annually on or before the first day of September of each of the years 1927 to 1941, inclusive. Section 2. That all ordinances and parts of ordinances in conflict herewith be and the same are hereby repealed, and this ordinance shall be in full force and effect from Rnd after its passare. Passed: Jolly 11 , 1927. Approve Attest , ?: ayo r. City Clerk.