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HomeMy WebLinkAbout7881ORDINANCE NO. 7881 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 SEVv`ER IMPROVEMENT DISTRICT NO. 124 OF THE CITY OF LITTLE ROCK, ARKANSAS. VdHEREAS, a two - thirds majority in value of the property holders owning property adjoining the locality to be affected and situated in Sewer Improvement District No. 121+ in the City of Little Rock, Arkansas, organized for the purpose of con- structing a system of sewers for the use of the inhabitants of said District, to make such changes in any sewers in the district heretofore laid, as may be essential, and to dispose of the sewage by connections with sewer mains heretofore constructed within or beyond the limits of the district; all to be located and constructed in the places and in the manner and of the materials that the Commissioners of the District shall deem far the best interest thereof; have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of said improvements, and that the cost thereof shall be assessed upon the real property in said district according to the benefits received; and WHEREAS, said benefits received from 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 Eight Thousand Six Hundred Fifty and No /100 Dollars ($8,650.00) to be assessed and charged upon the real property of the District according to the benefits received; and the assessed benefits amount to $15,812.86; ;. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, kRKANS AS : SECTION 1. That the said several blocks, lots and parcels of real property, in said Sewer Improvement District No. 124 be, and they are hereby, assessed according to the assessment list as the same now remainsin the office of the City Clerk of the City of Little Rock, Arkansas, and that the same may be annually readjusted by the Board of Assessors, and that ten per cent (10%) of said assessment of the value of benefits to each of said blocks, lots and parcels of land, shall be paid annually on or before the first day of Jim April , beginning in 1949, until the Jvhole of said assessment shall have been paid. SECTION 2. That all ordinances or parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect from and after its passage.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: February 7 , 1949• ATTE T: r Ci Clerk PPP ;, . •