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HomeMy WebLinkAbout3949ORIK NANCE NO 3949• .41 G AN ORDINANCE ASSESSING TAE VALIIE OF TMB BENEFITS TO BE .RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS, LOTS, AND PARCELS OF LAND WITHIN STRE]' IMPROMM'ENT DI STRICT NO. 434 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 rt tbt T : . mprovement District No. 434 ©'the city of Little Rbc k, Arkansas, by grading, drainirigj curbing, and guttering, with such materials ar4in such manner as the commissioners to be selected may deem for the best interests. of the district, the following streets; Kenyon Street, from the West line of Rose Street to the East line Of Elm Street, Rose Street from Kenyon Street to North Lookout Avenue, and Fairview Road from South Lookout Avenue to Kenyon Street, having petitioned the City Council of Little Rock, for the construc- tion of said improvements and that the cost thereof shall be assess- ed upon the real property within said district according to the bents received; and,, SAS, said benefits received by each and every block, lot and parcel of real property situated within said di fit-i ct equals or exceeds the local assessment thereon; and AREAS, the estimated cost of said imprcw ement, exclusive of iriterest, is $11, 000.00. THEREFORE, It is now Ordained by the City Council of the eity'of Little Rock, Arkansas; 060-tiOn I. That said several blocks, lots and In reels of , r etperty ;,in said Street I mprovet District No. 4, 4 be they are hereby assessed according to the assessment list for said mprdrement district, as the same now remains in the office of the city clerk of the city of Little Rock, Arkansas, and as the same may be annually readjusted by the Bas rd of Assessors, and that eight (8) per centum of said assessment of the value of the benefits of each of said blocks, lots and parcels of land shall be paid annually t Y, ORIK NANCE NO 3949• .41 G AN ORDINANCE ASSESSING TAE VALIIE OF TMB BENEFITS TO BE .RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS, LOTS, AND PARCELS OF LAND WITHIN STRE]' IMPROMM'ENT DI STRICT NO. 434 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 rt tbt T : . mprovement District No. 434 ©'the city of Little Rbc k, Arkansas, by grading, drainirigj curbing, and guttering, with such materials ar4in such manner as the commissioners to be selected may deem for the best interests. of the district, the following streets; Kenyon Street, from the West line of Rose Street to the East line Of Elm Street, Rose Street from Kenyon Street to North Lookout Avenue, and Fairview Road from South Lookout Avenue to Kenyon Street, having petitioned the City Council of Little Rock, for the construc- tion of said improvements and that the cost thereof shall be assess- ed upon the real property within said district according to the bents received; and,, SAS, said benefits received by each and every block, lot and parcel of real property situated within said di fit-i ct equals or exceeds the local assessment thereon; and AREAS, the estimated cost of said imprcw ement, exclusive of iriterest, is $11, 000.00. THEREFORE, It is now Ordained by the City Council of the eity'of Little Rock, Arkansas; 060-tiOn I. That said several blocks, lots and In reels of , r etperty ;,in said Street I mprovet District No. 4, 4 be they are hereby assessed according to the assessment list for said mprdrement district, as the same now remains in the office of the city clerk of the city of Little Rock, Arkansas, and as the same may be annually readjusted by the Bas rd of Assessors, and that eight (8) per centum of said assessment of the value of the benefits of each of said blocks, lots and parcels of land shall be paid annually M � Ord. 3949. • 2 - i on or before the lot day of May, of each year for the first nine years, and ten (10) per centum for the tenth year, or until eighty- two (89) per centum of said assessment shall have been paid. The first annual payment shall.be made on or before the let day of May, 1926. Section 2. That all ordinances or prts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be F in full force and effect from and after its passage. Passed; February S, 1926. Attest; Cif y Clerk Ap r d; f t