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5853^0- -,& ORDINANCE No. 5853• Alv Oic ii'4ANCF A6 E60ING `T'HE VALUE OF BENEFIMS TO BE RECEIVED BY THE OVyNER6 OF EACH OF THE SEVERAL BLOCKS, LOTS, AND PARCELS OF LAND WITHIN STREET IWROVFAFM D1&.Pki :C`T' No. -529, OF THE CITY OF LITTLE ROCK, ARKANSAS. YvHE.hEAS, more than two- thirds in value of the property holders owning property adjoining the locality to be affected and situated in Street Improvement District No. 529, in the city of Little Rock, Arkansas, organized for the purpose of grading, paving, and otherwise improving South Valentine Street from the South boundary line of 20th Street to the North line of 24th Street have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of a�ridprovements and that the cost thereof shall be absessed,upon the real property in said district accord- ing to the benefits received; and whEREAS, said benefits received by each and every block, lot, and parcel of real property, railroad and railroad right -of -way situated in saiddistrict equals or exceeds the local assessment thereon; and VVEEREAS, the estimated cost of said improve- went is $4,922.61, exclusive of interest, and the assessed benefits amount to $9,600.00; NOW, THEREFOIiE, IT 16 AIEli BY THE CITY COUNCIL Or THE CITY OF LITTLE. RO,C, :.ar: : - -� ARKANSAS: Section 1. That the several blocks, lots, and parcels of real property, railroads, and railroad right- of-ways in said Street Improvement District No. 529 of the City of Little 1tock, Arkansas, be and they are hereby assessed according to the assessment list as the same now remains in the office of the City Clerk of the City of Little Rock, Arkansas; and as the same may be-annually r y readjusted by the Board of Assessors, and that 7 *% of said assessment of the value of benefits to. each of said blocks, lots and parcels of land, railroad, and railroad right -of- way shall be paid on or before the 1st day of March, 1940, in each of the years 1940 to.1953, inclusive, until the i of said' assessment shall have been paid, ors so ma'tih f ,t. ereof as F be rem , d t the 4ebts of said district. f . 00 C) } S 2: al or.Ainaades or parts of -:ordinances iA96n' fligt ewi th ` he :�by repealed, and 'this ordinan- s all- ,b 1 fp, c otd effect from and { :a fter its pa ATT L City Clerk.