HomeMy WebLinkAbout11155ORDINANCE NO. 11,1,55
An Ordinance Assessing the Benefits to Be Received by the
Owners of Each of the Several Lots, Blocks and Parcels
of Land within Street Improvement District No. 623 of
Little Rock, Arkansas.
WHEREAS, the majority of two - thirds in value of the
property owners owning property adjoining the locality to
be affected and situated in Street Improvement District No.
623 of Little Rock, Arkansas, organized for the purpose of
grading, draining, curbing, guttering and paving Elm Street,
Lewis Street and West 32nd Street as therein set out, have
petitioned the Board of Directors of the City of Little Rock,
Arkansas, for the construction of said improvement, and that
the cost thereof be assessed upon the real property of said
district according to the benefits received; and
WHEREAS9,said benefits received by each and every block,
lot 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
$47,800.00; now, therefore,
Be it Ordained by the Bo &:Vd 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 or as it may here-
after be changed, and that five per cent (5 %) of the assessment
on each of said blocks, lots and parcels shall be collected
by the County Collector with the first installment of general
taxes becoming due in 1962 and five per cent (50) of the assess-
ment shall be collected annually thereafter with the first
installment of the general taxes until the whole of said local
assessment shall be paid.
Section 2. This ordinance shall take effect and be in force
from and after its passage.
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D - /c
Passed: February 20 1961.
ATTEST:
City Clerk
-2-
APPROVED:
Mayor