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HomeMy WebLinkAbout9288ORDINANCE NO.— 9288 AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL LOTS, BLACKS AND PARCELS OF LAND WITHIN STREET IMPROVE MT DISTRICT NO. 595 OF THE CITY OF LITTLE ROCZ, ARKANSAS. WHEREAS, more than two- thirds in value of the property holders owning property adjoining the locality to be affected and situated in Street Improvement District No. 595 of the City of Little Rock, Arkansas, organized for the purpose of improving and paving Valmar, Valentine, Maple, Rest 18th and West 19th Streets as therein set out have petitioned the City Council of the City of Little Rock, Arkansas, for the 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 equals or exceeds the local assessment thereon; and WHEREAS, the estimated cost of said improvement is $24,000.00f NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. That the 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 on each of said blocks, lots and parcels shall be collected by the County Collector with the first installment of the general taxes becoming due in 1954 and annually thereafter with the first installment of the general taxes until the whole of said local assessment shall be paid. Section 2. All ordinances and parts of ordinances in conflict herewith are hereby repealed and this ordinance shall be in full force and effect from and after its passage. PASSED: AugajLt 10, 19,F4. APPROVED: i City Clerk