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ORDINANCE NO. 5!925
AN ORDINANCE ASSESSING THE VALUE OF BENEFITS
TO BE EC E IVED BY THE 01+',i llE RS OF EACH OF THE
SEVERAL BLOCKS, LOTS AND PARCELS OF LAND
WITHIN ANNEX NO. 1 TO STREET IMPROVEMENT
DISTRICT NO. 531, OF THE CITY OF LITTLE ROCK,
ARKANSAS.
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WHEREAS, more than a majority in value of the property
holders owning property adjoining the locality to be affected
and situated in Annex No. 1 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:
Oak Street from the South boundary line of g'est
22nd Street to the North Bounda.y line of 1,11est 23rd i
Street, in the City of Little Rock, .Arkansas;
have petitioned the City Council of the City of Little Rock, Ark-
ansas, for the construction of said improvements and that the
cost thereof shall be assessed upon the real property in said
�- according to the benefits received; and
VMREAS, said benefits received by each and every block,
lot, and parcel of real property,railroad and railroad right -of-
way situated in said annex equals or exceeds the local assessment
thereon; and
viHEREAS, the estimated cost of said improvement is
$1.200.00, exclusive of interest, and the assessed benefits amount
_to $4,845.00; NOW, THEREFORE, IT IS ORDP.INED BY THE CITY COUNCIL
OF THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That the several blocks,-lots-,, and parcels
-, railroads, and railroad right -of -ways in said
t�nnex No. 1 to Street Improvement District No. 531 of the City of
Lithe Rock, Arkansas, be and they are hereby assessed according
to the 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
blocks, lots and ?parcels of land, railroad, and railroad right-
of-way shall be paid on or before the is t day of August, 1940, in
each of the years 1940 to 1953, 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
ethereWith are hereby repealed, and this ordinance shall
be in full force and effect from and after its passage.
PASSM
APPROVED:
ATTEST: '
r- C t C erk
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