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HomeMy WebLinkAbout3904ORDINANCE NO. 390�F. A Sd ORDINANCE ASSESSING TEE V'ALTTE OF THE RENTFITS TU BE RECEIVED BY THE MTERS OF EACH OF ` HM SEVERAL LOTS,, BLOCKS, OF OTEER SUBDIVISIONS OF REAL PROPERTY WITHIN THE WEST 24TH STREET xNITEY TO STRIFT IITROVE- MTT DISTRICT NO. 41'5. WFEREAS, A majority in value of the owners of real pro- perty adjoining the locality to be affected and situated within the ',.'est %4th Street Annex to Street Ir:-;provement District 7o. 1b, of Tittle rock, Arkansas, said property being described as follows: Lots 4 to 9, inclusive, of Block 9; Lots 1, 2, .31, 14, 15, and 16 of Block 10, in 0. b'. Sheldon's lddit ion; Lots 4 to 9, incl-LLsive, of 'dock 6, and. Lots 19 2, 3, 10, 11, and 12 of Block 7, in Oak Terrace rddition; Lots 1 and 12 of Block 10 in P?cOarthy's r,ddition, annexed for the purpose of making local improvements therein b`r grading, urainint;, curbing, 6 ttering, and paving, in such manner and with such materials as the commissioners of Street Improvement Dis trict 'ro. 415 shall determine to be for the best interests of the territory to be a.nnexec, on `:'Vest 24th Street from the west line of Battery to the east line of Schiller Street, and have petitioned. the City Souncil of the City of Tittle rock, Arkansas, for the construction of said imnrovemtnt, and that the cost thereof shell be assessed izpor_ the real property within said annexed territory, accord.in�7 to benefits received; and, WHEREAS, Said benefits received by each and every lot, block, or other subdivision of real property situated within said annex- ed territory equals or exceeds the local assessment thereon; FEREAS, The estimated cost of said improvement is •5,909.47; THEREFORE, IT IS NOW ORD1 INED BY TIN CITY r,','MTN CI OF T=4 CITY OF LITTLE ROCK, ARKANSAS a•<f SECTION 1. That the several lots, `docks, or other sub- divisions of real x�roperty within said ','test 24th '"'treet _nre x to Street Improvement Pi strict No. 415 be, and they are, hereby assessed accordin- to the a ssessrient list for said annex, as the same now remains in the office of the Jiti 'lerk of the "ity of little i�ock, and as the same may be annually readjusted by the Board of iissessors, and that ten per cent (10;x) of said assessment of the value of the benefits of each of said lots, blocks, or other subdivision of land shall be paid annually on or before the fifteenth day of Jan�aar�r of each year Until the whole of said assessment shall have been maid, be- inning with January 15th, 1926. 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 Yovember 9, 19.:5. APP FO VEP : ATTEST: i y erk.