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HomeMy WebLinkAbout4540ORDINANCE NO. —41;40_. AN ORDINhNCE REDUCING THE RATE OF COLLECTION IN STREET III&ROVEIIENT DISTRICT NULMER 288. ',VHEREAS, the 1930 assessment of benefits will retire the last of the bonds and coupons issued and out- ``'s standing by Street Improvement District No. 288 of the City of Little Rock; and WHEREAS, it will not require the full annual levy in order to complete the payment of the bonds and coupons because of an accumulated surplus which the district has on deposit to its credit; THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKINSAS: Section 1. That the annual rate of collection of the assessment of benefits in Street Improvement District No. 288 be and the some is hereby reduced to two and one -hou per cent of the assessment of benefits against each lot, block or other parcel of real property in said district as the same now stands on the assessment book of said district, and that the 1930 assessment of benefits shall be due and payable on February 17, 1930. Section 2. That all ordinances or parts of ordi- nances in conflict herewith are hereby repealed and this ordinance shall be in full force and effect from and after its passage. Passed: February 10th, 1930• t or. A,TTEW : Ci Clerk.