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ORDINANCE NO. 4321.
AN ORDINANCE LSSESSING THE VALUE OF THE BENE-
FITS TO BE RECEIVED BY THE OWNERS OF EACH OF
THE SEVERAL LOTS, BLOCKS OR OTHER SUBDIVISIONS
OF LAND WITMN STREET P2ROVELMNT DISTRICT
NO. 492 OF THE CITY OF LITTLE ROG$9
1117YEAS, a majority in value of the owners
of real property owning real property adjoining the locality
to be affected, situate within Street Improvement District
No. 492 of the City of Little Rock, Arkansas, organized for
the purpose of making local improvements therein by grading,
draining, curbing, guttering and paving in such manner and
with such materials as the comissioners of said district
shall determine to be for the best interests of the district
the streets set out in their petition, have petitioned the
City Council of the City of Little Rock for the construction
of said improvement and the cost thereof shall be assessed
upon the real property within said district, according to
the benefits received; and
jHEREA.S, said benefits received by each and
every lot, block or other subdivisions of land situate
within said district equals or exceeds the local assessment
thereon; and
WHEREAS, the estimated cost of said improvement
is $45,604.02;
THEREFORE, it is now ordained by the City Council
of the City of Little Rock:
Section 1: That the said several lots, blocks
or other subdivisions of land within said Street Improvement
District No. 492 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
`u' be annually readjusted by the
of Little Rock, and^the same- may
Board of Assessors, and'that ten per centum (10 %) of said
assessmentsof the value of the benefits on each of said lots,
blocks or other subdivisions of land in said district shall
be paid annually on or before the 1st day of September of
each year, beginning September 101988, until the whole of
said assesements has beet`'PatC '
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ordinances in conflict herewith are hereby repealed and this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 April 23, 1928.
A PP roved:
Mayor•