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6202ORDINANCE NO. 6202 AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY TEE OWNERS OF EACH OF THE . SEVERAL LOTS, BLOCKS, AND PARCELS OF LAND WITHIN STREET IMPROVEMENT DISTRICT NO. 554 OF THE CITY OF LITTLE ROCK, ARKANSAS. WREREAS, the majority of two- thirds in value of the ,aroQrty owners owning property adjoining the locality to be affected and situated in Street Improvement District No. 554 Of the Uity of Little Rock, Arkansas, organized for the purpose Of grading, draining, curbing, guttering, and paving "B" Avenue as therein set out have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of said improve - ment, and the cost thereof shall be assessed upon the real pro - perty of said 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 i equals or exceeds the local assessment thereon; and WHEREAS, the estimated cost of said improvement is *3,500.00. NOW, 'THEREFORE, BE IT ORDAINED by the City Council of the City of Little Rock, Arkansas; Section 1. That the said several lots, blocks, and parcels of real property in said Street Improvement District No. 554 of the City of Little Rock, Arkansas, be assessed according to the assessment list for said improvement district as the same now remains in the office of the City Cle rk,.and that ten per centum (lEi�rj of the assessment of benefits on each of said lots, blocks, and parcels of real estate shall be paid annually on or before the 1st day of June, of each year, beginning with June 1, 1941, until the whole of the said local assessment of benefits 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 All ordinances and parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect from and after its passage.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 19 , 1941. APPROVED: ow � V Y ATTEST Mayor ___ y 0 _er