10085oRDINANCE No. lot 085
AN ORDINANCE ASSESSING THE BENEFITS TO BE
RECEIVED BY WE OWBEBS OF EACH OF THE SEVERAL
LOTS, BLOCKS AND PAECEIIS OF LAND WITHIN
ANNEX NO. 1 TO STRW _INPROTRAWT DISTRICT
N09 606 OF 28Z CITY Oa 'LITTLE ROCK, ABw,NSsa,
WHEREAS, more than two- thirds 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. 606 of the City of
Little Rock, Arkansas, organized for the purpose of improving and paving
Buchanan Street from the center line of West 17th Street to the center
line of West 16th Street; Buchanan Street from the center line of West 16th
Street to a point on Buchanan Street 425 feet north of said center line of
West 16th Street, 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 satd
Annex No. 1 according to the benefits received; add
WHEREAS, said benefits received by each and every block, lot and
parcel of real property situated in said Aimex No. 1 equals or exceeds the
local assessment thereoS; and
WHEREAS, the estimated cost of said improvement is $9,500.00:
NOW, THEREFORE, BE IT ORDAINED BY MIX CITY COUNCIL OF THE
CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That the said several blocks, lots and parcels of
teal property in said Annex No. 1 to Street Improvement District No. 606
of the City of Little Rock, Arkansas, be assessed according to the assessment
list for said Annex No. 1 to said improvement district as the same now remains
in the office of the City Clerk or as the same may from time to time be
revised, and that five per centum (5 %) of the assessment on each of said
blocks, lots and parcels shall be collected by the County Collector on or
before the first day of July, 1956, and five per centum (5 %) of the assessment
shall be dollected by the County Collector with the first installment of
general taxes becoming due in 1957 and annually thereafter with the first
installment of general taxes until the whole of said local assessment shall
be paid.
Section 2. All ordinances and parts of ordinances in conflict
herewith are h*rdby repealed and tbit ordinance shall be in full force
and effect from and after its passage.
PASSED: March 26, 1956
APPROVED-
ATTEST
:
City Clerk