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5358ORDINANCE YO - 5�58 AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY THE 07,11NERS OF EACH OF THE SEVERAL LOTS, BLOCKS AND PAR- CELS OF LAND ViITHIN STREET IlTJ ROVE - IE.SOI>>T DISTRICT NO. 520 OF THE CITY OF LITTLE ROCK, ARKANSAS. INHEREAS, the majority of the property owners owning property adjoining the locality to be effected and situated in Street Improvement District 1.1Io. 520 of the City of Little Rock, Arkansas, organized for the purpose of resurfacing North State Street as therein set out, have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of said improvement, and that the cost thereof shall be assessed upon the real property of said district according to the benefits received; and rdF?EREAS, said benefits received by each and every lot, block and parcel of real property situated in said district equals or exceeds the local assessment thereon; and 1MREAS, the estimated cost of said improvement is X1,464.00; NOW, T?I'REFORE BE IT =SOLVED 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. 520 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 Clerk, and that twenty -five per centum (25 %) of the assessment of benefits on each of said lots, blocks and parcels of real property shall be paid annually on or before the 1st day of October of each year, beginning with October, 1936, until the whole of said local assessment of benefits shall be paid. SECTION 2. All ordinances and parts of ordinances in conflict herewith are hereby repealed, and t his ordinance shall be in full force and effect from and after its passage. ATTEST: Approved this 1741i day of August, 1936. t Me rk Approved: Mayor