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ORDINANCE NO. 2890
An ordinance assessing the value of the benefits to be
received by the owners of each of several blocks, lots, parcels
and other subdivisions of land within Street Improvement Ustrict
No. 302 of the City of Little Rock, Arkansas.
WHEREAS, a majority in value of the property owners
owning property adjoining the locality to be affected and situated
within Street Improvement District No. 302 of the City of Little
Rock, Arkansas, organized for the purpose of making local improve-
ments therein by grading and paving with concrete, asphaltic con-
crete, sheet asphalt or with such materials, and it such manner
as the commissioners of said district shall determine to be for
the best interests of the district, the streets set out in their
petition, have petitioned the City Council of Little Rock for the
construction of said improvement and that the cost thereof shall be
assessed upon the real property within said district according to
the benefits received; and
''HEREAS, said benefits received by each and every block,
lot, parcel and other subdivision of real property situated within
said district equals or exceeds the local assessment thereon; and
THEKEAS, the estimated cost of said improvement is V26,216.00
THEREFORE, IT IS NOW ORDAINED BY THE CITY COUNCIL OF THE
CITY OF LITTLE ROCK, ARKANSAS:
SECTION l: That the said several blocks, lots, parcels and
other subdivisions of real property „within said Street Improvement
Listrict No. 302 of the City of -ittle Rock, Arkansas be, and they
are hereby assessed according to the assessment list for said improve-
ment district as the same now remains in the office of the City Clerk
of Little Rock and as the same may be annually readjusted by the Board
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of Assessors, and that eight per centum (8�c) of said assessment of
the value of the benefits on each of said blocks, lots, parcels
and
other subdivisions of land shall be
paid
annually on
or before
the
lst day of March of each year until
the
whole of said
assessment
shall have been paid. The first annual payment shall be made on or
before the 1st day of March, 1922.
SECTION 2: That all ordinances or parts of ordinances in
conflict herewith are hereby repealed, and this ordinance shall be
in full force and effect from and after its passage.
Passed January 9, 1922.
Approved:
Attest:
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