34174
}
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ORDINANCE NO. 3417
AN ORDINANCE ASSESSING V_,LUE OF THE BENEFITS
TO BE RE CE IVF,L BY THE OWNERS OF EACH OF THE
SEVrER!�.L BLOCKS, LOTS AND -PAR(J"` LS OF LAND WITHIN
THE I "MUE STREET ANNEX TO STREET IMPROVEMENT
DISTi?ICT NO. 315 OF THE ;ITY OF LITTLE ROC:,
ATP TrAVQAC
TIEBEAS, a majority of the owner, of real property adjoin-
ing the locality t:) be affected and situated within the Rolfe
Street Annex to Street Improvement District No. 315 of the City
of Little Mock, Arkansas, said ;property beinp, described as fol-
lows:
The real property embraced within the following described
boundaries or lines: BEGINNIdG at a point on the South
line of West Seventh Street, 1-0 feet East of the East
line of Wolfe Street; Thence South and parallel to the
East line of Wolfe Street to the North line of V'Iright
Avenue; Thence rleet along the North line of Wright Ave-
nue to a poizit 150 feet V,,!est of the West line of Wolfe
Street; Thence North parellel to the Vest line of Wolfe
Street to the South line of Vest Seventh Street; Thence
East along the South line of l",est Seventh Street to the
point of beginning, City of Little Bock, Pulasr-.i County,
Arkansas.
organized and annexed for the purpose of making local improvements
therein by doing the necessary grading, draining, curbing, gut-
tering and paving with sheet asphf:lt, warrenite- bitulithic or
brick, and in the manner that the commissioners of said Street Im-
provement District No. 315 :hall deem to be for the best interests
of the territory annexed, on Volfe Street from the South line
of West Seventh Street to the North line of !`right Avenue, have
petitioned the city council of Little Rock for the construction
of said improvement and that he cost thereof shall Le assessed
upon the real property within said annexed territory accordi4, to
the benefits received;
WHEREAS, said benefits received by each and every block, lot
and parcel of real property Situated within said annexed territory
equals or excee.6s the lei-al assessment thereon;
WHEREAS, the estimated cost of said improvement, exclusive of
interest, is 71,333.57, which, together with the estimated cost of
the improvement in Street Improvement District No. 315 is less than
forty per cent (40 %) of the value of the real property in said dis-
-2-
triet No. 315, and the annexed territory combined, as shown by the
last county assessment; and is less than forty per cent (40%) of
the value )f the real property in said annexed territory, as shown
by the last county assessment;
THEAEFOFE, IT IS T�OV, ORD,:INED BY THE CITY COUNCIL OF THE CITY
OF LITTLE ROCY, ARKANSAS:
Section 1. That the said several blocks, lots and parcele of
real property within said Wolfe Street Annexed territory to Street
Improvement District No. 315, be, and they are hereby assessed ac-
cordinp to the assessment list for said Wolfe Street Annex to said
Improvement District, as the same now remain:, in the office of the
city clerk of the City of Tittle Hock, and as the came may be an-
nually readjusted by the Board of As essoro, and that ten (10%) per
centum of said assessment of the value of benefits of each of said
blocks, lots and parcels of land, shall be paid on or before the
5th day of March, 1924, and that nine (9jo) per centum of said a,-2-
sessment of v€olue of benefits of each of sair blocks, lots and
parcels of land shall be paid annually thereafter for the next suc-
ceeding nine years, on or before the 5th � ay of March of each year,
v
until a total of ninety -one (910) per centum of said assessment shz:ll
have been plid.
Section 2. That all ordinances or parts of ordinances in con-
flict herewith are hereb, repealed, and this ordinance shall be in
full force and effect from and after its passage.
passed ,nLt y 28 , 1924 .
Approved:
Attest: 348 yo
77
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