HomeMy WebLinkAbout5982ORDINANCE NO. 5992.
AN ORDINANCE ASSESSING THE VALUE OF
THE BENEFITS TO BE RECEIVED BY EACH
OF THE LOTS IN STREET IMPROVEMENT
DISTRICT N0, 542 OF THE CITY OF
LITTLE ROCK, ARKANSAS.
WHEREAS, a majority of more than two - thirds in value
Of the property hol 'O*nin �ro er
8 p P ty aid-Joinng- t�ie'�'1`obeity
to be affected and situated in Street Improvement District No.
542 of the City of Little Rock, Arkansas, organized for the
Purpose of improving a certain street as therein set out have
petitioned the Council of the City of Little Rock for the con-
struction of said improvement, and that the cost thereof shall .
be assessed upon the r eal property of said district accords ng
to the benefits received; and
WHEREAS, said benefitax to be received by '.each and every
lot of real property situated in said district equals or exceeds
the local assessment thereon; and
WHEREAS, the estimated cost of said improvement is
$3,637.75.
THEREFORE, IT IS NOW ORDAINED by the City Council of
the City of Little Rock, Arkansas:
Section 1. The said several lots 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 twenty per centum (20 %) of the assess -
ne nt on each of said lots shall be paid annually on or before the
1st day of October of each year, beginning with October
1 , 1940, until the whole of said local assessment of benefits
shall be paid.
Section 2. That all ordinances and parts of ordinances
In conflict herewith are hereby repealed, and the ordinance shall
be in full force and effect from and after its passage.
Passed :August 191 1940•
ATTE :
P OVED
V/ Z �
Mayor