HomeMy WebLinkAbout4240ORDINANCE 11UIL + R 4240.
All ORDINANCE A.SSE SING THE VALUE OF THE � "l1TEFITS TO M- RECEIVED
!:Y THE O'�714ERS OF EACH OF THE SEVFRAI; IOTS,D'LOCKS,1LIULROc d) RIGHT OF
r'AY OR OTHER SIT3DIVISI ONS OF IMU PROPERE TY 'rJITHIN STREET I1k71 ROVE111E1TJT
DISTRICT 110.478 0i' THE CITY OF LITTLE ROCK'ARMUTaltS.
- jhereas,a __,ajerity in value of the owners of real property ownin
real grope rty e�djoinin the 106ality to be �,,ffected and situr -ted within
Street Improvement District No.478 of the Citzr of Little Rock,:`.rkansas,
organized for the purpose of jxorx•aag making local iraprovemtns therein by
�javin � in such rianner and with ouch moteri.als as the comunissmoners of
said district shall cetermine to be for the best interest of the district;
the Streets set out in their pe.tition,have Fe titioned the City Council
of the City of Little Rock ,Ark &nz&.s,for the construction of said im-
proveme nt s 7.nd , tYi-Ilt the costs thereof shall be assessed upon thc, re�.l
property Y;uthin said district according; to th_ '; enefits received;and,
" hereas,said "benefits received by each and every lot, block, railroad
right of way or other su' division of real property 111ithin said distri?ict
equals or exceeds the local assessr.,ient thereon;and,
;dhereas,the estimated cost of said iriprovelent is �) 8100.95: NOW,
Therefore., SE ST Jrdiined by the City Council of the City of
Li ttU Rock, :rkansas:
Section 1. That the said several lots, - Jlocks,railro ad right of -; ays
or other subdivisions of real ;_)rope rty within said Street Iran) rover ent
District I1o.478,be and they ,.re hereby assessed according; to. the as-
sessment list for said iml)rovenent districtmcs the same now rer .ins in
the office of the City Clerk of the City of Little tock,Arkansaz,and
as the sar:-ie
rm y be abbually readjusted
by the board of
Assessors,and
that _-_7
per centum of said assessment
of the value
of the benefits
of
each of said
lots,blocks,railroad
right of wnys,or othet
subdivisions
of
real property
%vithin said district
paid
shall be ,nnua lly on or
before
the
1 th day of
January of each
y_ ar be ;inning.,. January
15, 1928,
until the Whole of said assessment sh::.11 have been paid.
Section 2. That E -11 ordinances it its of ordin,',nces in conflict
here,v-Jith are hereby repealed,and this ordinance shill be in full force
and effect from and. � fter its passage
^ S
iIayor.
Passed:
October 24, 1927- ATTEST: City Clerk.