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HomeMy WebLinkAbout12853ORDINANCE NO. 12,853 AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY THE OWNERS OF EACH OF SEVERAL LOTS, BLOCKS, AND PARCELS OF LAND WITHIN MISSOURI STREET IMPROVEMENT DISTRICT NO. 630 OF LITTLE ROCK, ARKANSAS. WHEREAS, a majority in value of the property owners owning prop- erty adjoining the locality to be effected and situated in Missouri Street Improvement District No. 630 of Little Rock, Arkansas, orga- nized to construct curbs, gutters, grading and paving on Missouri Street between Georgia and Mississippi Streets, has petitoned the City Board of Directors of Little Rock, Arkansas, for the construction of said improvements, and that the costs thereof be assessed upon the real property in said District according to the benefits received; and WHEREAS, said benefits received by each and every lot, block, and parcel of real property situated in said District equals or exceeds the local assessment thereon; and WHEREAS, the estimated cost of said improvement is $20,000; now, therefore, BE IT ORDAINED by the Board of Directors of the City of Little Rock, Arkansas: SECTION 1. That the said several lots, blocks, and parcels of real property in said Missouri Street Improvement District No. 630 of Little Rock, Arkansas, be assessed according to the assessment list for said improvement district, as the same now remains or may hereafter be changed in the office of the City Clerk, and that six and two - thirds per centum (6 2/3/) of the assessment of each of said lots, blocks, and parcels shall be collected by the County Collector with the first in- stallment of the general taxes becoming due in 1974, and six and two - thirds per centum (6 2/3/) of the assessment shall be collected annually thereafter with the first installment of the general taxes until the whole of the local assessment shall be paid. SECTION 2. This Ordinance shall take effect and be in force from and after its passage. PASSED: October 16 , 1973. APPROVED: -eL-4 — ATTEST: Vice- Mayor 0.4� City Cler