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9830ORDINANCE NO.9 30 AN ORDINANCE LEVYING THE ASSESSMENT OF BENEFITS IN STREET IMPROVEMENT DISTRICT NO. 603 OF LITTLE ROCK, ARKANSAS. WHEREAS, the majority of two thirds or more in value of the persons owning property adjoining the locality to be affected and situated in Street Improvement District No. 603 of Little Rock, Arkansas, organized for the purpose of grading, draining, curbing,, guttering, and paving the street set out in the petition, have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of said improvement, and that the cost thereof be assessed upon the real property of the 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, the estimated cost of said improvement is $25,500, which is less than 60% of the assessed value of the real property in the District; now, therefore, BE IT ORDAINED by the City Council of the City of Little Rock, Arkansas: SECTION 1. That said several lots, blocks, and parcels of real property in said Dttrict be assessed according to the assessment list for said improvement district as the same now remains in the office of the City Clerk, and as the same may later be amended or re- assessed, and that twenty per centum (20%) of the assessment on each of said lots, blocks, and parcels shall be collected by the County Collector with the first installment of general taxes becoming due in the year 1956, and annually thereafter with the first installment of the general taxes until the whble 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 All ordinances and parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full..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: May 23, , 1955. APPROVED: Pro, P1__Q Attestg Mayor 0&x �� City Clerk