HomeMy WebLinkAbout12515ORDINANCE NO. 12,515
AN ORDINANCE ASSESSING THE VALUE OF BENEFITS TO BE
RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS,
LOTS AND PARCELS OF LAND WITHIN WATER PIPE LINE
IMPROVEMENT DISTRICT NO. 132 OF LITTLE ROCK, ARKANSAS.
WHEREAS, more than two- thirds in value of the property holders
owning property adjoining the locality to be affected and situated
in Water Pipe Line Improvement District No. 132, organized for the
purposes of constructing within the district a water pipe line
distribution system to serve the inhabitants of said district and
constructing a water pipe line beyond the boundaries of the district,
if necessary, to make the desired connection with the water distribu-
tion system of Little Rock, Arkansas, have petitioned the Board of
Directors of the City of Little Rock, Arkansas, for construction
of said improvement and that the cost thereof shall be assessed
upon the real property of said district according to the benefits
received; and
WHEREAS, said benefits received by each and every block, lot
and parcel of real property situated in said district equal or
exceed the local assessment thereon; and
WHEREAS, the estimated cost of said improvement is $34,000.00;
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That the several blocks, lots and parcels of
real property situated in Water Pipe Line Improvement District No.
132 of Little Rock, Arkansas be assessed according to the assess-
ment list for said improvement district as the same now remains
in the office of the City Clerk and that the assessment of bene-
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fits on each of said blocks, lots and parcels shall be collected
by the Pulaski County Collector in successive annual installments
of four percentum (4 %) each, with the first annual installment to
be collected on or before February 21, 1972.
Section 2. The second and subsequent annual installments,
each in the amount aforesaid, shall be paid with the first install-
ment of general taxes becoming due on the third Monday in February
of each calendar year until the whole of said assessment of bene-
fits shall be paid; provided, however, such annual payments may,
at the option of the taxpayer, be paid in installments along with
the installments of the ad valorem taxes.
Section 3. This Ordinance shall be in full force and effect
from and after its passage.
PASSED: July 19 , 1971.
ATTEST:
Q, - - f 00
ity Clerk
APPROVED:
Mayor