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10191ORDINANCE NO. 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. 1 TO STREET IMPROVEMENT DISTRICT NO. 607 OF LITTLE ROCK, ARKANSAS. WHEREAS, more than a majority in value of the property owners owning property adjoining the locality to be affected and situated in Annex No. 1 to Street Improvement District No. 607 of Little Rock, Arkansas, organized for the purpose of grading, draining, curbing, guttering and paving Pierce Street as therein set out, have petitioned the City Council of the City of Little Rock, Arkansas, for the con- struction of said improvement, and that the cost thereof be assessed upon the real property of said Annex according to the benefits re- ceived; and WHEREAS, said benefits received by each and every lot, block and parcel of real property situated in said Annex equals or exceeds the local assessment thereon; and WHEREAS, the estimated cost of said improvement is $14,000; 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 Annex No. 1 to Street Improvement District No. 607 of Little Rock, Arkansas, be assessed according tbrthe assessment list for said Annex as the same now remains or may hereafter be changed in the office of the City Clerk, and that six and two - thirds percentum (6 2/3%) of the assessment of each of said lots, blocks and parcels shall be collected with the first installment of the general taxes becoming due-in 1957, and six and two - thirds percentum (6 2/3 %) of the assessment shall be collected annually thereafter with the first installment of the general taxes until the whole of said local assess- ment shall be paid. SECTION 2. This ordinance shall take effect and be in force from and after its passage. PASSED June 18 , 1956• Attest- City Clerk APPRCLVE�): vim• a