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HomeMy WebLinkAbout6217ORDINANCE NO. 6217• AN ORDINANCE ASSE SING THE VALUE OF BENEFITS TO BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS# LOTS AND PARCELS OF LAND WITHIN STREET IMPROVEMENT DISTRICT NO. 558, OF THE CITY OF LITTLE ROCK, ARKANSAS. WHEREAS, more.,: than two -girds in value of the „ „prctpr,r holders owning property adjoining the locality to be affected and situated in Street Improvement District No. 558, in the city of Little Rock, Arkansas, organized for the purpose of grading, draining, curbing, guttering, paving and otherwise improving the following described street, to -wit: West Twenty -third Street in the City of. Little Rock, Arkansas, from the West boundary of Maple Street to the East boundary of Peyton Street, including all intersections except Pine Street, Cedar Street, and that portion of Lewis Street occupied by the Capitol Transportation Company; 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 by each and every block, lot, and parcel of real property, railroad and railroad right -of- way situated in said district equals of exceeds the local assess- ment thereon; and WHEREAS, the estimated cost of said improvement is .- .,..4Q, exclusive of interest, and the assessed benefits amount to $20,940.12; NOW, THEREFORE, IT IS ORDAINED BY THE CITY i COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. That the several blocks, lots, and parcels of real property, railroads, and railroad right- of- ways-in said Street Improvement District No. 558 of the City of Little Rock, Arkansas, be and they are hereby assessed according to the - 2 - assessment list as the same now remains in the office of the City Clerk of the City of Little Rock, Arkansas; and as the same may be annually readjusted by the Board of Assessors, and that 8% of said assessment of the value of benefits to each of said blocks, lots and parcels of land, railroad, and railroad right- of-way shall be raid on or before the 15th day of July, 1941, in each of the years 1941 to 1952, inclusive, until the whole of said assessment shall have been paid, or so much thereof as may be required to -gay the debts of said district. Section 2. That all ordinances or parts of ordinances in conflict herewith are hereb7- repealed, and thin ordinance shall be in full force and effect from and after its :passage. Passed: June 2, 1941. APPROVED. '(�' �'� Mayor ATTEST: Ci k Clerk xg 'xIxx