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HomeMy WebLinkAbout8352z, i I =s ORD INANCE N0. 8352 AN ORDINANCE ASSESSING THE VALUE OF THE BENEFITS TO BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL LOTS AND PARCELS OF LAND WITHIN STREET_ DblP OVFJIENT. DISTRICT N0. ,582 OF THE CITY OF LITTLE ROCS. WHERBAB, more than two - thirds in value of the property leeality to be affected and situate -Mid Taprovement.District No, 582 Of the City of Little Rock, Arkansas, organised for the purpose of making local improvements therein by grading, draining and paving with concrete the follow. ing, and to construct storm sewers and curbs and gutters incident thereto; A Street between Pierce Street and Hayes Street, All to be done in such manner and with such materials as the Commissioners of the District shall determine to-be for the best interest of the District, have petitioned the City Council of Little Rock for the construction of said improvement and that the cost thereof shall be assessed upon the real property within the district according to the benefits received; and WHEREAS& 66,1d b befits received by each and every block, lot and parcel of real property situated within said District equalo or exceeds the local assessment thereon; and WHEREAS, the estimated cost of said improvement, exclusive of interest, is $120000.000 THEREFORE, B� IT Naff a1DA INM BY THE CITY COUNCIL OF THE TTY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the said several blocks, lots and P arcels f real property in said Street Improvement District No,�,,3;82 be asd hey are hereby assessed according to the assessment list for said provement District as the same now remains in the office of the ity Clerk of the City of Little Rock, and as the same may be annual y adjusted by the Board of Assessors and that 6 -2/3% of said assess ant of the value of each of said blocks, lots and parcels of land hall be paid on or before the lot day of October, 1950, and 6 -2/39 'IN �� Imo_ j1 of said assessment shall be paid thereafter annually on or before he lst day of October of each year until the whole of said local assessment shall be paid. SECTION 26 That all ordinances or parts of ordinances conflict ]r eretith and this or IAA .ts . x i :-eft *s i' e ° agd after its passage, �LZ CA SSW June 26, 1950 Mayor V