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4510.r ` 4 P ORDINANCE NUMBER AN ORDIMCM . Alisiss no i HE VALUX OF BENEFITS TO. lei RECKEM By UK . OWMM OF EACH OF THS SR MAL BXMXBa L8' O AND PARMU +F LAM? WITHIN STRM I mo' " DISIM T No. 481 " 0 TIM CII#Y OF LITTLE ROCK* WBERUB# a majority in value of the prop" holds" ' F "I "fig W l a lty tei be arreated and situated in Street Improvement District Vo. 431 in the City of Little Rock# Arkansas# organized for the purpose of making Of local improvements therein by resurfacing and repairing High Street from then South line of Ninth Street to the Worth line of Sixteenth Street, to be done in such a manner and of such materials as the Commissioners of said district #hall deem to be for the best interest of the district., have peti- tioned the City Council of the City of Little Rocks Arkansas, for the construction of said improvements and that the Cost � orsrw .t ae Via: seaa64 upon the real property in said dis+� �= *Piet according to the benefits recefeed„ and ; "M WHEREASp said benefit,$ received by each and every block lots and parcel . of real propertyt railroad and railroad rights Of way (there being no railroad or railroad rights of ray in said district) situated in said district, equals or exceeds the local assessment thereon; and, WHEREAS* the estimated cost of said improvement is Eighteen Thousands Right Hundred and Seventy -four Dollars and 8eventg five "Mt*„ ($18,8*74,78)# 4X*1ns Pre Or interest and Section I- That the said mwe ra1 blocks* lots, and parcels of real propertyr railroads and railroad rights of w*y in said street Improvement District No. 481 of Little Rock, Arkansas# be: and they are her*.. by assessed according to this assessment list as the same now appears in the Office of the City Clerk of m OKI the City of Little Rock; and as the same m&v be annually "o d justed by the board of asse , and that centum of said assessment of the value at s to each of said bloakep lot**. and pareels of land, railroad and railroad rights of wa „ smell be paid on or before the first day of of each year until the whola of- ss A XOGAJE assssemnt;s shall have been , t `irat payment to be made on or before I93o and said local assessment shall bo a "c #&- and a lien_ against all property _14 ,maid district from prerarenee Overall or 11me whensoever crested, until such local assess.- Montt with any penalty and cost that may accrue there- on# shalt be paid; provided, as between grantor and grantee* all payments not due at the date of the trans. for of such real property shall be payable by grantee. Section 2. That all - ordinance s or parts of ordinances in conflict here With be, and the same are hereby repealed, and this ordinance shall be in full fare* and effect froid and after its passage. Passed t- November 2,6, 22 Approveds Attest.