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HomeMy WebLinkAbout6136P` ! . ORDINANCE NO. 6136, AN ORDINANCE ASSESSING THE VALUE OF BENEFITS TO BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL BLOCKS, LOTS AND PARCELS OF LAND WITH- IN ANNEX NO. 3 TO STREET IMPROVEMENT DISTRICT NO. 531, OF THE CITY OF LITTLE ROCK,ARKANSAS. WHEREAS, more than two - thirds in value of the proper- ty holders owning property adjoining the locality to be affect- ed and situated in Annex No. 3 to Street Improvement District No. 531, 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 20th Street from a point approximately at the East line of the alley which runs North and South through Block 16, Niemeyer t s Addition to the pity of Little hock, Arkansas, and con- necting at that point with the pavement on West 20th Street, to the East side of the pave- ment on Pine Street at approximately the West property line of Lot 9, Block 16, Braddock +s Addition; have -petitioned the City Council of the City of Little Rock,Ark- ansas, for the construction of said improvements and thtt the cost thereof shall be assessed upon the real property in said dis- tract according to the benefits received; and WHEREAS, said benefits received by each and every block, lot, and parcel of real property, railroad and railroad might -of- way situated in said district equals or exceeds the local assess- ment thereon; and WHEREAS, the estimated cost of said improvement is 42,100.00, exclusive of interest, and the assessed benefits amount to 45,630.00; NOW, THEREFORE, IT IS ORDAINED BY THE CITY COUNCIL OF ,'IFE CITY OF LITTLE ROCK, ARKANSAS: Section 1. That the several blocks, lots, and parcels of real property, railroads, andrailroad right -of -ways in said Annex No. 3 to Street Improvement District No. 531 of the City of -2- ,�I ► 1 Little Rock, Arkansas, be and they are hereby assessed accord- ing_ to the assessment list as the same now remains in the office of theCity Clerk of the City of Little Kock, Arkansas; and as the same may be annually readjusted by the Board of Assessors, and that 12% 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 paid on or before the 1st day of May, 1941, in each of the years 1941 to 1948, inclusive, until the whole of said assessment shall have been paid, or so much thereof as may be required to pay the debts of said district. Section 2. That all ordinances or parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall 3 ;5: .q.,'"R'+. �. .M°#Yr. x al'! ;" �.,` s t .._.. .•' be in full force and ef'ect rom and after its PASSZD: March 17, 19419 APPROVED: ,A Acting I Mayo r ATTEST Clty CLERK