5966ORDINANCE N0. 5966
AN ORDINANCE ASSESSING THE VALUE OF
THE BERMTS TO BE RECEIVED BY EACH
OF THE LOTS IN STREET IMPROVEMENT
DISTRICT NO. 540. OF THE CITY OF
LITTLE ROCK, AR?
WiiERNAd, a majority of more than twos- thirds in value
Of the property holders owning property adjoining the locality -
to be affected and situated in Street Improvement District No.
? Of the City of Little Rock, Arkansas, organized for the
purpose of improving a certain street as therein set out have
petitioned the Council of the City of Little Rook for the son.
etruotion of said improvement, and that the cost thereof shall
be assessed upon the real property of said district according
to the benefits received; and,
WHEREAS, said benefits to be received by each and every
L lot of real property situated in said district equals or exceeds
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the local assessment thereon; and
} WEMMAS, the estimated cost of said improvement is
f` THEREFORE, IT IS NOW ORDAINED BY THE CITY COUNCIL OF
THE CITY OF LITTLE R0 CK, ARKANSAS:
Section 1. The said several lots 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 twenty percent ($0 %) of the assess -
Mt on each of said lots shall be paid annually on or before the
,day of , �. of each yearb beginning with
until the whole of the 10081 assessment of benefits shell
3eatiQn $. That all ordinances and parts of ordi4abees
In 604flict herewith are hereby repealed, and the ordinance shall
be in full force and effect from and after its passage.
Passe# s Angus t 5 , 194o
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