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10587ORDINANCE NO. 10.9587 AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY THE 01:nU R5 OF EACH OF THE SEVERAL LOTS, BLOCKS AND PARCELS OF LAND WITHIN WATER IMPROVEMENT DISTRICT NO. 78 OF LITTLE ROCK, ARKANSAS. WHEREAS, a majority of two - thirds in value of the property owners owning property adjoining the locality to be affected and situated In Water Improvement District No. 78 of Little Rock, Arkansas, organized for the purpose of laying water mains as therein set out have petitioned the City Council of the City of Little Rock, Arkansas, 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 lot, block and parcel of real property situated in said District equals or exceeds the local assessment thereon; and WHEREAS, theestimated cost of said improvement is X910000; NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Little Rock, Arkansas: SECTION 1. That the said several lots, blocks and paroels of real property in said ?riater Improvement District No. 78 of Little Rock, Arkansas, be assessed according to the assessment list for said improvement district as the same now remains or may hereafter be changed in the office of the City Clerk, and that ten per centum (10 %) of the assessment of each of said lots, blocks and parcels shall be collected by the County Collector with the first installment of the general taxes becoming due in 1958, and ten per centum (10 %) of the assessment shall be collected annually thereafter with the first installment of the general taxes until the whole of said local assessment shall be paid. SECTION 2. This ordinance shall take effect and be in force from and after its passage. PASSED July 29 1957. APPROVED: ATTEST; Acting Mayor A A City Clerk