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4648{ ORDINANCE NO. 4648. • AN ORDINANCE INCREASING THE ANNUAL COLLEC'CION OF BENEFITS OF SE74ER INIPROVEME:NT DISTRICT NUMBER 115, OF LITTLE ROCK, ARKANSAS . WHEREAS, it has been ascertained by the Board of Commissioners of Sewer Improvement District No. 115, of Little Rock, Arkansas, that it will be necessary to increase the annual levy on this district in order to meet the outstanding obligati. ons of this district: THEREFORE, be it ordained by the City Council of the City of Lii_.tle Rock, Arkansas: Section 1. That Section 1 of Ordin- ance No. 4616, be amended to read as follows: That the said several blocks, lots and parcels of real property, railroads and railroad rights of way in said Sewer Improve- ment District Igo. 115, of the city of Little Rock, Arkansas, be, and they are hereby assessed according to the assessment list as the same now appears in tI. e office of the City Clerk of the City of Little Rock; and as the same may be annuRlly readjusted by the Board of Assessors, and that three !ind three fourths (3�t) per eentum of said assessment of the value of benefits to each of said blocks, lots and parcels of land, railroad and rail- road rights of way, shall be paid on or before the fl-­t day of September, 1930, and that four (4) per centum of said assessment of the value of benefits to each , =f said blocks, lots and parcels of land, shall be paid on or before the first of September of each ,year, thereafter, until the whole of said local assessment shall be paidp and said local assessment shall be a charge and a lien against all real property in said district from the date of this ordin- ance and shall be entitled to preference over all judgements, executions, encumbrances, or liens whensoever created, until such local assessment, with any penalty and cost that may accrue thereon, shall be paid; provided as be- tween grantor and grantee, all payments not due at t',-e date of the transfer of such real property shall be payable b Y grantee. Section 2. That all ordinances or parts of ordinances in conflict herewith, be, add the same are hereby repealed and this ordinance shall be in full force and effect from and after its passage. Passe( Appr o• Attes I