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HomeMy WebLinkAbout40751 ORDINANCE NO. 4075. An Ordinance Assessing the Value of the Bene- fits to be Received by the Owners of each of the Several Blocks, Lots and Parcels of Land within Curb, Gutter & Paving Improvement District No. 450. VE EREAS, rriore than seventy -five percent in value of the property owners adjoining the locality to be affected and situated within Curb, Gutter & Paving Lnprovement District No. 450, organized fo-• the purpose of making local improvements therein by curbing, gut- tering and paving Wildwood Road (Street).from the south side of "0" Stre:A to the south side of Sherwood Road (Street) produced westward forty feet, and Centerwood Road (Streit) and Edgewood Road (Street) and Sherwood Road (Street) from the west side of Link Road to the east side of Wildwood Road (Street) and grading,, cur Bing, guttering and paving Southwood Road (Street) from the west /11 of Crestwood Drive to the north side of "L" Street, slush work to be done and in such man- ner and with such materials as the Commissioners may select, have pe- titioned the City Council of Little Rock for the construction of said improvements and that the cost thereof shall be -,.ssessed upon the real property within said district and according to benefits received; and, E received 'I1HEREAS, said benefits by eL.ch and every block, lot and par - cel of real property situated within said district equals or exceeds the local assessment thereon; and, WHEREAS, the estimated cost of said improvement exclusive of interest is $480984.15. 701M it is now Ordained by the City Council of the City of Little Rock, Arkansas ;-*4t SECTION is That the said several blocks, lots and parcels of real property in said Curb, Gutter & Paving Improvement District No. 450 be and they are hereby assessed according to the assessment !list for said improvement district as the same now remains in the of- . fice of the City Clerk of the City of Little Rock, and as the same may be annually re- adjusted by the Board of Assessors and that seven (7) percent of said assessment of the value of benefits to each of said blocks, lots and parcels of land small be paid on or before the first day of December 1926 and on or before the first day 6f-.-December of each and every year t .ereafter until t-_e w1nole of said local. ment shall be paid. SECTION 2s Thz�.t all ordinances and parts c-F- ordin note in conflict herewith are hereby repealed and this ordinance shall be in F full force and effect from and after" is passage. Passed: August 9th, 1926. Approved I&SYor Attests Jerk