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HomeMy WebLinkAbout14480343 ORDINANCE NO. 14,480 AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY EACH OF SEVERAL LOTS, BLOCKS, AND PARCELS OF LAND WITHIN PLEASANT RIDGE STREET, WATER, DRAINAGE AND SEWER IMPROVE- MENT DISTRICT NO. 636 OF LITTLE ROCK, ARKANSAS WHEREAS, a majority in value of the property owners owning property adjoining the locality to be affected and situated in Pleasant Ridge Street, Water, Drainage and Sewer Improvement District No. 636 of Little Rock, Arkansas, organized for the purpose of constructing, relocating, and improving, streets, water systems, drainage facilities, and sewer systems within the District has petitioned the City Board of Directors of the City of Little Rock, Arkansas, for the construction of said improvements, and that the costs thereof be assessed upon the real property of said District according to the benefits received; and WHEREAS, said benefits received by each and every lot, block, and parcel of real property situated in said District equal or exceed the local assessment thereon; and ,r WHEREAS, the estimated cost of said improvement is ? $950,000.00; Now BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the said several lots, blocks and parcels of real property in Pleasant Ridge Street, Water, Drainage and Sewer Improvement District No. 636 of Little Rock, Arkansas, be assessed according to the assessment list for said improvement district, as the same now remains or may hereafter be changed in the office of the City Clerk, and that five per centum (58) of the assessments on each of said lots, blocks, and parcels shall be collected by the County Collector with the first installment of the general taxes becoming due in 1984, and five per centum (5B) of the assessment shall be collected annually thereafter with the first installment of the general taxes until the whole of the local assessment shall be paid. SECTION 2. This ordinance shall take effect and be in full force from and after its passage. PASSED July 19 , 1983. ATTEST: jitygClerk J ne Czech APPROVED: -2- _ % s� — Mayor J. %. �” .�1 _ ...�- _ d' „ �, r t,