13303ORDINANCE NO. 13,303
AN ORDINANCE ASSESSING THE VALUE OF BENEFITS TO BE
RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS,
LOTS AND PARCELS OF LAND WITHIN STREET IMPROVEMENT
DISTRICT NO. 634 OF LITTLE ROCK, ARKANSAS.
WHEREAS, a majority in value of the property holders owning
property adjoining the locality to be affected and situated in
Street Improvement District No. 634 of Little Rock, Arkansas,
organized for the following purposes:
To name, open, grade, drain, construct bridges and
culverts where necessary, curb, gutter and pave the
following part of West 10th Street, in the City of
Little Rock, Arkansas, and described as follows:
A street from the West line of Fair Park
Boulevard to the East line of University
Avenue, located approximately along or near
the South line of the N 2 of the Sk of the
SWk, Section 6, Township 1 North, Range 12
West, and to include the dedicated rights of
way for West 10th Street and other streets
along said line and within the proposed right
of way for said.street;
To construct a water distribution system to serve the
inhabitants of the district and, if necessary, extend
the same beyond the district boundary to connect with
the system of Little Rock, Arkansas;
To construct a sanitary sewer collection system to
serve the inhabitants of the district and, if neces-
sary, to extend the same beyond the district boundary
to connect with the system of Little Rock, Arkansas;
To construct sidewalks within the boundaries of the
district; and
To acquire by gift, purchase, or the exercise of its
right of eminent domain by condemnation the necessary
lands for rights of way and easements to accomplish
the improvements as hereinabove described;
have petitioned the Board of Directors of the City of Little Rock,
Arkansas, for construction of said improvements 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 equal
or exceed the local assessment thereof; and
WHEREAS, the estimated cost of said improvements is
$950,000.00;
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That the several blocks, lots and parcels of
real property situated in Street Improvement District No. 634
of Little Rock, Arkansas, be assessed according to the assess-
ment list for said improvement district as the same now remains
in the office of the City Clerk and that the assessment of
benefits on each of said blocks, lots and parcels shall be
collected by the Pulaski County Collector in successive annual
installments of four percentum (4 %) each, with the first annual
installment to be collected on or before February 16, 1978.
Section 2. The second and subsequent annual installments,
each in the amount aforesaid, shall be paid with the first
installment of general taxes becoming due on the third Monday
in February of each calendar year beginning in 1979 until the
whole of said assessment of benefits shall be paid; provided,
however, such annual payments may, at,the option of the taxpayer,
be paid in installments along with the installments of the
advalorem taxes.
Section 3. This ordinance shall be in full force and
effect from and after its passage.
PASSED: July 5 , 1977.
ROVED:
ATTEST: Mayor
City Clerk
Im