118721 •.
ORDINANCE NO. 11,872
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 WATER PIPE LINE IMPROVEMENT DISTRICT NO. 130
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 Water Pipe Line Improvement District No. 130, organized for
the purpose of constructing within the district a water pipe line
distribution system to serve the inhabitants of said district and
constructing a water pipe line beyond the boundaries of the dis-
trict, if necessary, to make the desired connection with the
water distribution system of Little Rock, Arkansas, have peti-
tioned 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 accord-
ing 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
$10,300.00;
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That said several blocks, lots and parcels of
real property in said district be assessed according to the
assessment list for said improvement district as the same now
remains in the office of the City Clerk and that five percentum
(5 %) of the assessment of each of said blocks, lots and parcels
shall be collected by the County Collector with the first
installment of general taxes becoming due on the third Monday
GGG -_s-S"
in February, 1968, and a like amount annually thereafter with the
first installment of general taxes until the whole of said local
assessment shall be paid; provided, however, the annual assessment
of benefits aforesaid may, at the election of the taxpayer, be
paid in quarterly installments along with the quarterly install-
ments of the ad valorem taxes.
Section 2. This ordinance shall be in full force and effect
from and after its passage.
PASSED: April 17 , 1967.
ATTEST: /
City Clerk
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