HomeMy WebLinkAbout12950ORDINANCE NO. 12,950
AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED
BY THE OWNERS OF EACH OF SEVERAL LOTS, BLOCKS, AND
PARCELS OF LAND WITHIN "M" STREET IMPROVEMENT
DISTRICT NO. 633 OF LITTLE ROCK, ARKANSAS.
WHEREAS, a majority in value of the property owners owning
property adjoining the locality to be effected and situated in
"M" Street Improvement District No. 633 of Little Rock, Arkansas,
organized to construct curbs, gutters, grading and paving on
"M" Street between Georgia and Mississippi Streets, has petitioned
the City Board of Directors of Little Rock, Arkansas, for the con-
struction 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 costs of said improvement is $25,000.00;
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 "M" Street Improvement District No. 633 of
Little Rock, Arkansas, be assessed according to the assessment list
for said improvement district, as the same now remains or may here-
after 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 installment of the general taxes becoming due in 1975, and
six and two - thirds per centum (6 2/3°x6) 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.
000 -97
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SECTION 2. This Ordinance shall take effect and be in force
from and after its passage.
PASSED: August 6 , 1974.
ATTEST:
MC CITY MERV-
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APPROVED:
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MAYOR