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8072ORDINANCE NO. 8072 AN ORDINANCE LEVYING ASSESSMENTS IN STREET IMPROVEMENT DISTRICT NO. 580 OF THE CITY OF LITTLE ROCK, ARKANSAS. WHEREAS, more than two- thirds (2 /3rds) in value of the Property owners owning property adjoining the locality to be affected and situated in Street Improvement District No. 580 organized for the purpose of grading, draining, curbing, guttering and paving West 25th Street from the west side of Adams Street to the east side of Monroe Street, have petitioned the City Council of the City of Little Rock, Arkansas, for con- struction of said improvement and that the cost thereof be assessed upon the real property of said District according to the benefits received; and WHEREAS, 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 Ten Thousand Ten Dollars ($10,010.00). 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 Clerk and that ten per centum of the assessment on each of said blocks, lots or parcels of real property shall be collected by the County Collector of Pulaski County with the first installment of general taxes becoming due in the year 1950 and annually thereafter ten percentum of said assessment shall be collected with the first installment of general taxes until the whole of said local assessment shall be paid. PASSED: August 8, 1949 ATTEST: City Clerk APPROVED: Mayor