11327ORDINANCE N0. 11,327
AN ORDINANCE REASSESSING 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. 130 OF THE CITY
OF LITTLE ROCK, ARKANSAS.
WHEREAS, Sewer Improvement District No. 130 of the City
of Little Rock was created by Ordinance No. 10,586 of 1957;
and
WHEREAS, the Board of Directors of the City of Little
Rock, Arkansas, enacted Ordinance No. 10,698 of 1958 which
assessed the real property within said district according
to the benefits received by each and every block, lot and
parcel of land; and
WHEREAS, additional improvements have been made upon
said lands within said district and the benefits received
by each and every block, lot and parcel of real property
situated in said district equals or exceeds the local re-
assessment thereon; and
WHEREAS, no readjustment of assessments has been made
since the original ordinance assessing the value of benefits
in said district;
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 reassessment 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 in February, 1963, and annually there-
after with the first installment of general taxes until the
whole of said local reassessment shall be paid; provided,
however, the annual assessment of benefits aforesaid may,
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r
at the election of the taxpayer, be paid in quarterly install-
ments along with the quarterly installments of ad valorem
taxes.
Section 2. This ordinance shall be in full force and
effect from and after its passage.
PASSED: November 5
ATTEST:
City Clerk
1962.
APPROVED: /
a y o
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