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4306fee- ORDIY UTCE NO. 4 • T1T ASSESSING THE VALVE OF BET I ITS TO BE RECEIVI, BY AN pRD �..� ATTC' A �� SF �� { THE OWT�' OF uACH OF THE SEVMAL LOTS, BLOCKS AND PARCMS OF LAND WITI� IN STREET} "II,ERp ,7,TTT DISTRICT NO. 466 OF THE CITY OF LITTLE ROCK, ARK. WHEREAS, The majority in value of the property holders own ,Property, adjoining the locality, to be affected and, situated.; ..:pLY.. STRUT II- fPROMMTT , DISTRICT N0. 466,; of the City of Little Rock, Arkan- sas , organized for the purnope of draining, curbing, guttering and pav- ing "I4 Street from the West line of Beech Street to the East line of Ilonroe Street and Spruce Street from the North lire of Prospect Avenue to the South lime of Hillcxest Road (formerly kno= as "K" Street), jid that the cost thereof shall be assessed upon the real property of said District according to the benefits received; and ti'PfLEREAS, Said benefits received by each and every block, laf and parcel of real property, situated in said District, equals iibl8ds. "the local assessment'`thereon; and VHIM AS, The estimated cost of said improvement is $22,305.80, NOW, Ti REFORx Be it ordained by the City Colin.cil of the City of Little Rock, Arkansas: SECTION 1. That the several blocks, lots anf parcels of real pxpperty,in said District be assessed ccording to the assessmt t litt, 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 Bo red :t f Assessors, and that seven (7) per centum on each of said blocks, .e shall be paid annually on or before the 1st°" 'of each of the years 1928 to 1941, inclusive, and two (2)` per aer tiam on or before the let day of Tune, 1942. SECTION 2. That all ordinances and parts of ordinances in or�flict herewith be and the same are hereby repealed and this ordinance shall be in full force and effect from and after its passage. Passed: March -26, 1928. P attest: ea. City Vlerk. Mayor.