10833ORDINANCE NO. 10,833
AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY THE OWNERS.
OF EACH OF THE SEVERAL LOTS, BLOCKS, AND PARCELS OF LAND WITHIN
ANNEX NO. i TO STREET IMPROVEMENT DISTRICT N0. 614 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
Annex No. 1 to Street Improvement District No. 614, organized for the
purpose of paving McAdoo and "I" Streets, and Shamrock and Skyway
Drive, as therein set out, have petitioned for the 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 equals or exceeds the
local assessment thereof; and
WHEREAS, the estimated cost of said improvement is $12,154.00;
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 Six and Two - Thirds per centum (6 -2/3 %) of the
assessment of each said blocks, lots, and parcels shall be collected by
the County Collector with the first installment of the general taxes
becoming due in 1959, and Six and Two- Thirds per centum (6 -2/3%) of the
assessment shall be collected annually thereafter with the first install-
ment of the general taxes until the whole of said local assessment shall
be paid.
SECTION 2. All ordinances and parts of ordinances in conflict
herewith are hereby repealed, and this ordinance shall be in full force
and effect from and after its passage.
PASSED: August 18, 1958
ATTEST:
`1-'
City Clerk
APPROVED:
ayor