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HomeMy WebLinkAbout4434ORDINANCE NO. 4434. AN O10TNANCE REDUCING THE RATE OF COLLECTION IN STREET IMPROVEMENT DISTRICT N0. 493 OF THE CITY OF LITTLE ROCK, ARKANSAS. WHEREAS, The annual rate of collection in Street Improvement District No. 493 is now eight per cent (8°) , which will produce more money than is needed for the bonds and interest maturities; therefore, IT IS I10W 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. 493 be, and they are hereby, assessed according to the assessment list for said improve- ment 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 seven per cent ( 7�) of said assessments of 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 let day of November of each year, beginning November 1, 1929, until the whole of said assessments has 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 That all ordinances or parts of ordinances in conflict herewith are hereby repealed and this ordinance shall be in full force and effect from and after its passage.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: June 10, 1929• Attests City Clerk. Approved: r Acting Mayor.