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3241f � ti J I s } f ORDINANCE NO. 3241. AN ORDINANCE ASSESSING THE', VALUE OF THE B.&N&FITS TO BE RECEIVED BY MiJ 0 OF EACH OF THE SEV- MAL LOTS, BLOCKS, PARCEL AND OT1&R SUB - DIVISIONS OF REAL PROPERTY WITHIN IMPROVEMM DISTRICT NO. 347 OF THE CITY OF L TTIE: ROCK, ARKANSAS, WIihREAS, a majority in value of the owners of real property owning real property adjoining the locality to be af- fected and situated within_ Street Improvement District No. 347 of the City of Little Rock, Arkansas, organized for the purpose of doing the necessary paving, draining, curbing, grading and plumbing in such manner and with such materials as the commiss- ioners of said District shall determine to be for the best in- terests of the District, the street set out in their petition, have petitioned the City Council of the City of Kittle Rock for the construction of said improvements and that the cost thereof shall be assessed upon the real property within said District 4ccording to the benefits received; WH ER,] AS, the benefits received by each and every lot, block, parcel or other sub - division of real property situated within said District equals or exeeods the local assessment there- on; and $36,889.00; WHEREAS, the estimated cost of said improveibent is NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Little Rock, Arkansas: SECTION 1: That the said several lots, blocks, par- cell or other sub - divisions of real property within said Street Improvement District No. 347 be, and they are, hereby assessed according to the assessment list for Street Improvement District Ks the same now remains in the office of the City Clerk of the City of Little Pock, and as the same may be annually re- adjusted by the Board of Assessors, and that nine per centum of said r assessments of the value of the benefits on each of said lots, blocks, parcels or other sub - divisions of real pro- perty in said District shall be paid annually on or before the 15th day of august of each year until the whole of said assessment shall have been paid. The first annual payment shall be made on or before the 15th day of august, 1923. SECTION 2: That all ordinances or parts of ordi- nances in conflict herewith are hereby repealed and this ordinance shall be in full force and effect from and after its passage. �S Passed June , 1923. Approved: ATTEST: Ci erk