12516ORDINANCE NO. 12,516
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
SEWER IMPROVEMENT DISTRICT NO. 140 OF LITTLE
ROCK, ARKANSAS.
WHEREAS, more than two- thirds in value of the property holders
owning property adjoining the locality to be affected and situated
in Sewer Improvement District No. 140, organized for the purposes
of constructing within the district a sanitary sewer collection
system to serve the inhabitants of said district and constructing
a sanitary sewer line beyond the boundaries of said sewer district,
if necessary, to make the desired connection with the sanitary sewer
system of Little Rock, Arkansas, have petitioned the Board of
Directors of the City of Little Rock, Arkansas, for 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 equal
or exceed the local assessment thereon; and
WHEREAS, the estimated cost of said improvement is $39,000.00;
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 Sewer Improvement District No. 140 of
Little Rock, Arkansas be assessed according to the assessment
list for said improvement district as the same now remains in the
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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 21, 1972.
Section 2. The second and subsequent annual installments,
each in the amount aforesaid, shall be paid with the first install-
ment of general taxes becoming due on the third Monday in February
of each calendar year until the whole of said assessment of bene-
fits 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 ad valorem taxes.
Section 3. This Ordinance shall be in full force and effect
from and after its passage.
PASSED: July 19 , 1971.
ATTEST:
ice Mayor