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7960T O %IDII`IANCE NO. 7960 ',11T OftDIi'1h�:�CE r^�SS �SSII ?G TAT BEi'':EFITS TO BE RECEIVED BY T' =E OITERS '. F '111 CH OF TIE:.; SEVERAL LOTS , BLOC KS AND PARCELS ELS OF LAID I ITHIN STREET IivTPROV 'E' T DI�'iRICT 110. 576 OF THE CITY OF LITTLE ROCK -, Al'I AIISAS. .E- 2,EAS, a Majority of two- thirds in value of the property omers owning property adjoining the locality to be affected and situated in Street Improvement District No. 576 of the City of Little Rock, Arkansas, organized for the purpose of grading, draining, curbinb, guttering and paving Arthur Street as therein set out have l-e titioned the City Council of the City of Little .Koclr, Arkansas, for the construction of said improvement, and the cost thereof shall be assessed upon the real property of said District according to the benefits received;and iFEEREAS, 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 TME�yAS, the estimated cost of said improvement is 419,500.00; NO'. >, TiLRL ORE, ILL IT ORDAIEED by t,:e Cit -r Council of the I'Jty of Little hock, Arkansas: Section 1. That the said several lots, blocks, and parcels of real property in said Street Impr overi:ent District T`o. 576 of the City of Little !Lock, Arkansas, be assessed according; to the assessment list for said improvement district as the same now remains in the office of t;-Le City Clerk, and that ten per centum (10 %) of the assessment of benefits of each of said lots, blocks and parcels of real e,tate shall be paid annually on or before the first day of August of each year, beginning; `witiz August 1, 1949, until the whole of the said local assessment of benefits shall be paid. Section 2. All ordinances and parts of ordinances inc onflict herewith are hereby repealed, and th-1 s ordinance shall be in full force and effect from and after its passage. Passed: _,Ppril 18 , 1949. Approved: iUayor Attest: , -�`_-` Cit Jerk