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HomeMy WebLinkAbout4014GL�� ORD IN.LNCE NO . L014. All ORDINANCE M' SSESS)ING THE VA O r "E'" 3 NEFITS TO )E TECEIVED 3Y Ti "_ 0'e "BITERS 01' EACI'- OF THE SEITRAL 1 011'S BLOCKS, RAILROAD RIGHT -OF- `Z&YS OR OTMTR SUB - DIVISIONS Or LAND 'r "dITrTIN rIW EtiST T'IP?D "R''ET t.77,1 ;E X TO STREET I12nOVIIMNT DISTRICT NO , 356 01' "'? ; ITY 0::' LImT::E ROCK, A1RKA dSAS. a, a majority in value of the owners of reel property ownin,z real property adjoining the locality to :)e affected and situated within the East Third "',treet Annex to :street Imi)rovement District To. 356 of the City of Little ".ock, Arkansas, organized for the pur -ose of main local impr. oven nts therein by drainin - and rf - pe.vin certain streets and by grading, draining;, curbing, guttering and navin5 certain other str(,ets, as set out in their retition, to be done in such manner and v�ith such materials as the cowiiis::ioners of said district shall determine to be for the best interests of tl-e territory, petitioned to be annexed, have petitioned the City Council of the 7i-'.y of Little Rock, lrkansas, for the constru:;tion of said improvement and that the cost tl.ereof be assessed upon the real property within said district accordin, to the benefits received; and YTHEREAS, said benefits received by eac of the several lots, blocks, railroad right -of -ways or other subdivisions of land i.-ithin t l,e said Fast Third Street Annex equals or exceeds the local assess- ment t'-:ereon; and, -T ?1lTAS, the esti.,x..ted cost of said improve ii;rit is !46,613.05; m �n _. nir-�r OF T) ilnm 011 t��r. r is 1,X, li SECTI,r 1. That the said several lots, 'docks, railroad right -of -ways or other subdivisions of land within the East Third Street Anne., to °'treet Improvement District ro. 356 of th(; ,ity of Tittle Rock, be, and they are, hereby assessed according to the assessment list for said improvement district as the same now remains in the office of !. W J the City Clerk of the City of little Rock, as +-Y;e same may be annually readjusted by the 3oard of Assessors, and. that ten per centum (10�) of saie assessment of the value of tr.e benefits of each of the lots, 'docks, railroad ri:ht -of -ways or other sub- :D divisions of land within said Fast Third titre�t Annex shall be paid arinuaLly on or before the 15th day of June of each, year, until the whole assessment shall have been paid. The first annual payment shall be m <..de on or before tree l th da,,- of June, 19� 3 CTION L. :"hat all ordinances or parts of ordinances in conflict herewith are hereby repealed and. this ordinance shall be in full force and effect from an(9 after its passage. PAS17ED: 'yori1 = 6, 1926. A22RO ED: 3L , �' Mayo h ty ��._