8156ORDINANCE NO. 8156
L An Ordinance Assessing the Value of Benefits to Be Received by the
Owners of Each of the Several Lots, Blocks and Parcels of Land within
.Street Improvement District No. 577 of the City of Little Rock, Arkansas.
t ,'Thereas the majority in value of the property holders owning property
adjoining the locality to be affected and situated in Street Improvement
District No. 577 of the City of Little Rock, Arkansas, organized for the
purpose of paving grading, and draining lest 11th Street from its
intersection with Washington Avenue to its intersection with Monroe Avenue
in the City of Little Rock, Arkansas, said improvement to be done in
such a manner, and with such materials as the commissioners may determine
to be for the best - interest of the district, 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
�Ilhereas said benefits received by each and every block, lot 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 19 thousand dollars,
of which the City of Little Rock, will contribute 10 thousand dollars.
I '�K Now therefore be it ordained by the City Council, of the City of Little
Rock, Arkansas:
Section 1. That the said several blocks, lots and parcels of real
property in said district be assessed according to the assessment list for
said improvement district as the same now remains in the office of the City
C=le-rk, and as the same may be annually readjusted by the board of assessors
and that 6 2/3 per centum of the assessment on each of said blocks lots and
parcels shall be paid annually on or before the lst day of March on each
the years from 1950 to 1964 inclusive.
Section 2. That all ordinances and puts of ordinances in conflict
herewith be and the same are hereby repealed and this ordinance shall be in
full force and effect from and after its passage.
PASSED: November 28, 19499
ATTEST:
ty Clerk
A PROVED:
Mayor