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5926rr ORDINANCE K° AN ORDINANCE ASSESSING THE VALUE OF THE BENEFITS TO BE RECEIVEED BY EACH OF THE LOTS IN STREET IMPROVE MM DISTRICT NO. 534 OF THE CITY OF LITTLE ROCK, ARKANSAS. WHEREAS, a majority of more than two- thirds in value of the property holders owning property adjoining the locality p be affected and situated in Street I4provemeiat District No. s 334 of the City of Little Rock, Arkensss, organized for the pur- pose of improving c,,' certain streets as therein set out have petitioned the Council of the City of Little Rock for the con- struction of said improvement, and that the cost thereof shall be assessed upon the real property of said district according to benefits received; and, WHEREAS, said benefits to be received by each and every lot of real property situated in said district equals or exceeds the 10081 assessment.thereon; and AREAS: the estimated cost of said improvement is THI�ftEFORE, IT IS NOW ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, 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 ten percent (10 %) of the assessment on each of said lots skall be paid annually on or before the 1st day of August of each year, beginning with August 1, 19400 until the whole of said local assessment of benefits shall be pafd: Section 2. That all ordinances and parts of ordinances in conflict herewith are hereby repealed, and the ordinance shall be in full force, and effect from and after its passage. Rita titxt tZxt*x"pxatxxsa:FxExn. Pasaed: June 24, 19 4 AAT T.y* e