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HomeMy WebLinkAbout4320a C� — T , 1� ,Tc 4520 n`' %:lei, ��u iii AN r'i rT 3zccKS l'�cTzs on - I? DI IC ' T`?Z aP? 77 a JL 85 LIm;'LE ROCS, V 'hereas, a majority in value of t')-e property holders owning property adjoining the locality to be a,'f-,cted and situated in Street Improvement District "'umber. 485 in the City of Little Rock, Arkansas, organized for t1le pur•nose o �" making local improvements therein by paving th -at part of Van Buren Street, 7oodla��rn and Lee :venues, which was included in Street Improvement District Tlumber 357, and on ,rhich the grading, drain- ing, curbing and Luttering has already been done, being, 'an Buren titreet from the 1outh line of Prospect "-venue to the T'orth line of Lee =venue, I.-Toodlawn avenue from the ':Test line of Jackson Street r:�a -,t line of 'Tan Buren _)treet, and lee _venue from its intersection witti the east line, produced 7orth, of Block 1, Pfeifer's )ddition to its intersection with the ''lest line, pro- duced >outh, of hot °, Plock 28, Pulaski TTci`;hts ddition, and ,,-,y {-rading, dr•ainin4, cur. bing$ guttering and paving the following streets: Tan Buren `Street from the sout'r. line of I,ee _'venue to the north line of "Fest Yarkham -)treet; the north half of "Test T'arkham ,:street from the ,Jest line of elm Street to its intersection with the west line, produced south, of ?'onroe Street; all of ,rest T': "arkham c Street from its intersetion .with the west line, produced south, of T "onroe -street to it intersection with the west line, produced south, of Van = 3uren street; C. titreet from the west line of `lan Buren Street to the east line of Myler Street; Lee ��venne from its intersection. with the line line, produced so,?_th, of Lot 9 of. 3lock 28 of ula;_T i 'el hts _dcz it ion to the east line cf 'Trri son �? °e e f�; and 'Toodlawn, n and r Streets, respectively, from the erect I n e of Van Buren Streets to the east line oL '.Tarrison �tree�; izave petitioned the City Council of the City of Little Rock for the construction of said improvements; and ' _,hat the cost thereof shall be assessed upon the real property in said district according to the benefits received; and, __!'nereas, said benefits received by each and ever, block, lot, and parcel of real Property, railroad and railroad- ri,,ht -of ­nay situated in said district, equals or exceeds the local assessment thereon; and, P'T -N- 7her•eas, tile estimated cost of said improvement is x;90,445.85, exclusive of interest, and the assessed benefits amount to x.144, 283.101; TH E1 Z EFC °,1 , IT IS 1V0':7 01ZD INTER 3Y 1711- C I LY C URIC IL OF THE CITY CF LInTLL ROCK: Section 1: That the sd d several blocks, lots and parcels of real t ropert­ , railroad and railroad right- of -wa,-1 in said } Improvement District TTumber 485 of little mock, Arkansas, be, and they are hereby assessed according to the assessment list as the I»,esame now remains in ti.e office of the City Clerk of the City of Tittle hack, and as the same may be armually readjusted by the 3oard of "assessors, and that seven and one -half (72) per cent-am of said assessment of the value of benefits to each of said blocks, lots and parcels of land, railroads and railroad rights -of -way shall be paid on or before the first day of September of each gear until the whole of said local assessment shall have been paid, the first payment to be made on or beforeeptember 1, 1928, and said local assessment shall I be a charge and a lien a,;ainst all the real propert�r i.rl said distz•ict from the date of this ordinance and shall be entitled to preference over all judgments, executions, encumbrances, or liens v ren.soever created, until such local assessment, with any per alt, and cost that may accrue thereon, sl.all be paid; provided, as between grantor and grantee, all payments not due at the date of the transfer of such real propert,r shall be payable by the grantee. Section 2: 'Plat all ordinances or parts of ordinances in conflict herewith be and the same are hereby repealed and this ordinance shall be in full force and effect from and after its passage. =J: tO (FD massed: April 23, 1928. rnmT�,�m ror