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HomeMy WebLinkAbout3899�M Y' e. i ORDINAr CE NO . 399. AN ORDINANCE REDUCIT�G rh T 4TdIdLAZ RrTE OF LEVY OF TEE xSSESSl—ENT OF BENEFITS IN STRUT "'T II.'TROVEna;,N�l DISTRICT N0. 356. Whereas, B -iT Ordinance No. 3345 of the City of Little Rock, passed on October 22, 1923, an annual levy of 100 of the assessment of said benefits was made; and! 'Whereas, A smaller annual levy will produce sufficient money to retire the bond and interest coupons at maturity; Now, Therefore Be It Ordained by the City Council of the OitY of little 1? ock, - irka�.sas: Section 1. That the several lots, blocks, parcels, rail- road rights -of -way, and other subdivisions of real property within said Street Improvement -district No. 356 be, and they are, hereby assessed according to the assessment list for said Improvement District as the same now is or may be annu- ally readjusted by the Board of Assessors, and that seven and one -half per centum (7-21%) of said assessment of the value of the benefits on each of said lots, blocks, parcels, railroad rights -of -way , aid ot?,er subdivisions of real property in said "i strict shall be ?paid annuall?r on or before the first day of December each year beginning with December 1, 1925, until the whole of said assessment shall have been paid. 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 That all ordinances or parts of ordinances in conflict herewith are hereby repealed and this Ordinance shall be in full force and effect from and after its passa� -e. Passed November 9, 195. Approv Attest: rk.