10904ORDINANCE NO. 10,904
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 ANNEX NO. 1 TO SEWER IMPROVEMENT DISTRICT NO. 130
OF THE CITY OF LITTLE ROCK, ARKANSAS.
WHEREAS, more than a majority in value of the property
holders owning property adjoining the locality to be affected
and situated in the territory annexed to Sewer Improvement
District No. 1302 of the City of Little Rock, Arkansas, under
Ordinance No. 10.786 , and known as Annex No. 1 to said District,
said annexation being made for the purpose of constructing a
sanitary sewer collection system to serve the inhabitants of
the area embraced within said Annex No. 1 and to connect said
system with the basic sewer system of said Improvement District
and of the City of Little Rock, Arkansas, have petitioned the
Board of Directors of the City of Little Rock for the construc-
tion of said improvement, and that the cost thereof shall be
assessed upon the real property within said Annex No. 1 according
to the benefits received; and
WHEREAS, said benefits received by each and every block,
lot and parcel of real property situated in Annex No. 1 to said
District equals or exceeds the local assessment thereon; and
+THEREAS, the estimated cost of said improvement is FORTY -
r IVL THOUSAND DOLLA tS ($45,,000.00):
NOW, THEREFORE, BE 1T 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 Annex No. 1 to said District be assessed accord-
ing to the assessment list for Annex No. 1 to said Improvement
District as the same now remains in the office of the City Clerk,
and that five percentum (5j) 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, i960, and annually there-
after with the first installment of general taxes until the whole
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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 installments of ad valorem taxes.
Section L. This ordinance shall be in full force and
effect from and after its passage.
PASSED: February 16 , 1959.
APPROVED: A�
Ma
ATTEST:
City Clerk