5964ORD I NANCE N0. X964
AN ORDINANCE ASSESSING THE VALUE OF BENEFITS
TO BE RECEIVED BY THE OWNERS OF EACH OF THE
SEVERAL BLOCKS, LOTS, AND PARCELS OF LAND
WITHIN STREET IMPROVEMENT DISTRICT,NO. 538,
OF THE CITY OF LITTLE ROCK, ARKANSAS.
WHEREAS, more than a two -third majority in value
of the property holders owning property adjoining the locality
to be affected and situated in Street Improvement District
No. 538 in the City of Little Rock, Arkansas, organized for
the purpose of making local improvements therein by grading,
curbing, guttering and hard - surfacing in a manner and of the
materials that the Commissioners for the said District shall
deem for the best interest of the District, the following.
t
..described street;,.
Club'Road from the East line of Spruce
Street to the West line of Lot A. Shadowlawn
. Addition, extended North,
have petitioned the City Council of the City of Little Rock,
Arkansas, for the construction of said improvements, and that
the cost thereof shall be assessed upon the real property in
said district according to the benefits received; and
WHEREAS, said benefits received from each and every
block, lot and parcel of real property, railroad and railroad
right -of -way situated in said District equals or exceeds the
local assessment thereon; and
WHEREAS, the estimated cost of said improvement_is
Eleven Thousand One Hundred and Twenty -Two Dollars and Sixty-
Five Cents §.1,122.65), but of this amount the Works Progress
Administration of the Federal Government has agreed.to pay
Seven Thousand One Hundred and Twenty -Two Dollars and Sixty-
Five Cents ($7,122.65), leaving an actual estimated cost of
Page Two. Ordinance.
'r` R A*%.
Four Thousand Dollars ($4,000.00), to be assessed and
charged upon the real property of the District accord-
` i 5to the benefits received; and the assessed benefits amount
to Five Thousand Four Hundred Dollars ($5,400.00);
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL
0?';THE CITY 09 LITTLE ROCK, ARKANSAS:
i s
6ECTIOA 1. That the said several blocks, lots and
;.
parcels of real property, railroads and railroad rights -of-
way, in.said Street Improvement District No. 538 be and they
are hePoby assessed according to the assessment list as the
same now: remain in the office of the City Clerk of the City
of Litt16 Rock, Arkansas, and that the same may,be annually tZ
e hoard `.o 'As sets® Ak '=that `treaty, per
centum of said assessment of the value of benefits to each
of said blocks, lots, and parcels of land, railroads and
railroad rights -of -way shall be paid annually on or before the
First day of November, beginning in 1940, until the whole of
said assessment shall have been paid.
SECTION 2. That all ordinances or 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
ATTEST