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HomeMy WebLinkAbout3953T low s OR- MIQANCB 1J. AN ORMINANCB ASSESSING THE VALUE OF THE BE 'ITS TO BE RECEIVED BY THN OWNERS OF BACH OF THE LOTS, PLOTS, BLOC$R OR OTHER PARCELS OF RRAL 2ROPERT!`Y WITHIN STREET I)MOVEMENT DISTRICT HO. 439 OF THE CITY OF LITTLE ROCK. ARKANSAS • WHEREAS, the majority in value of the property holders owning property adjoining the locality to be affected and situated in Street Improvement District No. 432 of the City of Little Rook, Arkansas, organized for the purpose of making local improvements therein by clearing, grubbing, grading and surfacing with chats all of Wildwood Street Oenterwood 'Street from the Nest boundary of Link Road to the last boundary of Wildwood Street, Edgewood Street from the West boundary of Link Road to the East boundary of Wild - wood Street, and Sherwood Road from the West Boundary of Link Road to the bast boundary of Wildwood Street,in such manner and with such materials as the commissioners of said district shall determine to:•be for the best Interests of the district, have petitioned the City Council of the City of Little Rook for the construction of said improvement and that the coat thereof shall be assessed upon the real property of said district according to the benefits received; and, WHERRA30 said benefits received by each and every block, plot, lot and parcel of real property situated in Said district equals or exceeds the local assessment thereon; and WMEAS, the estimated cost of said improvement is " 558e 40*9 ]ION, THEREP'ORN, BE IT ORMINED by the City Council of the City of Little Rock, Arkansas: Section 1• That the said several lots, plots, blocks and parcels of real property in said district be and they are P r• P �) - 2 - hereby assessed according to the assessment list for said improvement district as the same now remains in the office of the City Clerk of the City of Little Rock, and as the same may be annually readjusted by the Board of Asa wsore; and that ten per Sent of said assessment of the value of the benefits to each of said lots, plots, blocks and parcels of real property in said district shall be paid annually on or before the 15th day of March of each year until the whole of said assessment shah have been paid. The first annual payment shall be made on or before the 15th day of March* 1926. .Section 2, That all ordinances and nadta of ordi- nances in conflict herewith are hereby repsaled, and this ordinance shall be in full force and effect from and after its passage* Passed: February 8, 1926. Attest: Ap roved: ,� . E, City Clerk, a or. f