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HomeMy WebLinkAbout11377.1? ORDINANCE NO. 11,9377 AN ORDINANCE ASSESSING THE VALUE OF BENEFITS Ziff BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS, LOTS AND PARCELS OF LAND WITHIN SEWER I.VFROV"ENT DISMICT NO. 136 OF LITTLE ROCK, ARKANSAS. WHEREAS, more than two- thirds in value of the property `holders owning property adjoining the locality to be affect- ed and situated in Sewer Improvement District No. 136, organized for the purpose of constructing a sanitary sewer collection system to serve the inhabitants of the area embraced within said district and to connect said system with the basic sanitary sewer system of the City of Little Rock, Arkansas, by running a sewer line outside the boundary of said district, if necessary, to make said connection, have petitioned the Board of Directors of the City of Litt 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 receiv- ed; 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 P29.'000.00; NOW, THEREFORE, BE I T ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. That said several blocks, lots and parcels of real property in said district be assessed according to the assessment list for said improvement district as the same now remains in the office of the City Clerk and that four per - centum (4 %) of the assessment of each of said blocks, lots and parcels shall be collected by the County Collector with the first installment of general taxes becoming due on the third konday in February, 1964, and a like amount annually thereafter with the first installment of general taxes until the whole of said local assessment shall be paid; provided, however, the annual assessment of benefits aforesaid may, at the election of the taxpayer, be paid in quarterly installments along with the quarterly installments of the ad valorem taxes. Section 2. This ordinance shall be in full force and effect from and after its passage. PASSED: April 15 , 1963. A TTEST : City Clerk APPROVED Layor -2-