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10588ORDINANCE NO. 10,588 AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY THE OVJIVERS OF EACH OF THE SEVERAL LOTS, BLOCKS AND PARCELS OF LAND WITHIN STREET IMP RO VEl4 ENT DISTRICT NO. 614 OF LITTLE ROCK, ARKANSAS. ',' JEREAS, a majority of two- thirds in value of the property owners owning property adjoining the locality to be affected and situated in Street Improvement District No. 614 of Little Rock, Arkansas, organized for the purpose of paving "Hn Street and ]Mellon Street as therein set out have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of said improve- ment, 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 $65..000; WHEREAS, the estimated cost of said improvement is 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 parcels of real property in said Street Improvement District No. 614 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 six and two- thirds per centum (6 2f3rd # %) of the assessment of each of said lots, blocks ,nd parcels shall be colleotdd_.­d by the County Collector with the - first installment of the general taxes becoming due in 1958, and six and two - thirds per centum (6 2/3rds %) of the assessment shall be collected annually thereafter with the girst 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 It 1957. AP PROVED : o� :� ATTEST: ACTIgG Mayor City Clerk