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HomeMy WebLinkAbout40731 M ORDIiiANCE NO. 4073. AN ORDINANCE; ASSESSI14G T'.E VALUE OF T11h MEFITS TO BE RECEIVED BY THE OWNERS OF EACH OF THE SEVIZAy .LOTS, BLOCKS OR OTHER SUBDIVIS.Luia OF LAND 17ITHIii ,HE SCOTT S`l'REPT ANNEX TO SIRE' T ItTROVErsT7,TE DISTRL G'T JU. 356. VII]EREAS, a majority in value of the owners owning real property adjoining the locality to be affected and: situated within the Scott Street Annex to Street Improve- meat District 111o. 356, organized for the purpose of drain- ing and re- paving, in such manner ara d with such :ra terials as the commissioners of said district shall determine to be for the best interests of the territory annexed, the street set out in their petition, have petitioned the City Council of the City of Little Rock for the construction of said improvement and that the cost thereof shall be assessed upon the real property within said annexed territory according to the benefits received; and, WHEREAS,, said benefits received by each and every lot, block or other subdivision of land within said annex equals or exceeds the 100a1 assessment thereon; and, �44HEREA6, the estimated cost of said improvement is Two Thousand Forty -seven and 10100 Dollars ($2047.10); TIMREFORE, IT IS NOW ORDAIBED 3i THE CITY CL U1WIL OF THE CITY OF LITTLE RUCK, ARKANSAS: Section 1. That the said several lots, blocks or other subdivisions of land within_ said Scott Street Annex to Street Improvement District No. 356 be, and they are, hereby assessed according to the assessment list for said annex, 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 assessors , and that twenty -five tier centurg (25jo) of said assessment of the value of the benefits of each of said lots, blocks or other, subdivisions of real property in said district shall be paid annually on or before the ist day of October of each _year, beginning October 1st, 1926, until the vh ole of said assessment shall have been paid. Section 2. That all ordinances or -carts of ordinances in conflict herewith are hereby repe: led, and_ this ordinance shall be in full force and effect from and after its passage. Passed: August 9, 19u6. Ap -proved: (V/I ' 42n�� y or. Attest: City er .