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HomeMy WebLinkAbout4104t - � y ORDINANCE NO. 4104. 41Y ORDINANCE ASSESSING THE VALUE OF THE BENEFITS TO BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL LOTS, BLOCKS, RAILROAD RIGHT OF WAYS OR OTHER SUBDIVISIONS OF LAND WITHIN STREET IMPROVEMENT DISTRICT N0, 423 OF THE CITY OF LITTLE ROCK, ARKANSAS WHEREAS, a majority in value of the owners of real property owning real property adjoining the locality to be affected and situated within Street Improvement District No. 423 of the City of Little Rook, Arkansas, organized for the purpose of making local improvements therein by draining, curbing, guttering and paving, in such manner and with such materials as the commissioners of said district shell determine to -b�e for the best interests of the distriet,the street set out in their petition, have petitioned the City Council of the City of Little Rook for the construction of said improvements and that the cost thereof shell be assessed upon the real property within said district according to the benefits received; anal.. WHEREAS, said benefits received by each and every lot, block, railroad right of may or other subdivision of land situated within said district equals or exceeds the local assess- ment thereon; and WHEREAS, the estimated cost of said improvement is Sixty thousand five hundred and no /100 Dollars ($600500.00); THEREFORE, IT IS NOW ORDAINED BY THE CITY COUNCIL OF LITTLE ROCK, ARKANSAS: Section 1. That the said several lots, blocks, railroad right of ways or other subdivisions of real property within said Street Improvement District No. 423 be, and they are, 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 assessors, and that ten per . 4 eentum (10%) of said assessment of the value of the benefits of each of said lots, blocks, railroad right of ways or other subdivisions of real property within said Street Improvement District No. 423 shall be paid on or before tia- and on and after the 15th day of February of each year thereafter 15th day of February, beginning February 15, 1927 ,/until the whole of said assessment shall have been paid. Section 2. That all ordinances or parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect from and after its passage. Passed: November 29, 1926. Approved: ( /'y r. Attest. 1 y er