HomeMy WebLinkAbout5864AN ORDINANCE PROVIDING FOR PAIMENT OF SUCCESSIVE ANNUAL INSTALLMENTS OF
TEN PER CENT ON ASSESSED BENEFITS IN STREET IMPROVEMENT MSTRICT NO- 530,
CITY OF LITTLE ROCK, ARKANSAS.
WHEREAS, more than two - thirds majority in value of the
property holders owning property adjoining the locality to be af-
footed and situated in Street Improvement District Number 530,
organized for the purpose of grading, curbing, guttering and paving:
West Twentieth Street, from the east boundary line of
South Volmer Street to the east boundary line of South
Brown Street,
West Nineteenth Street, from the east boundary line of
South Volmer Street to the west bounder line of the alle
which is immediately east of Lot Seven C7), Block Four (4T,
and Lot Fourteen (14), Block One (1), Highland Park
Addition;
South Martin Street,f'rom the south boundary line of West
Eighteenth Street to the south boundary lines of Lot
Twenty -Two (22), Block Two (2), and Lot Three (3), Block
One (1), Chesterfield Square Addition, as extended across
said South Martin Street;
all in Little Rock, Arkansas, have petitioned the Council of the City
of Little Rook for the construction of said improvement and that the
cost thereof shall be assessed upon the real property of said Dis-
trict according to the benefits received; and,
WHEREAS said benefits received by each and every block, lest T1
and parcel of real property situated in said District equals or ex-
coeds the local assessment thereon; and,
WHEREAS the estimated cost of said improvement is Sig Thousand
Four Hundred Twenty -One Dollars ($6,421.00), exclusive of interest on
bonds and exclusive of any aid by an agency of the United States
Government;
THEREFORE, BE IT ORDAINED, By the City Council of the City of
Little Rock, Arkansas:
SECTION 1. That said several blocks, lots and parcels of real
prop y,in said District be assessed according to the assms -
list for said improvement district as the same now remains in the
office of the City Clerk, and that ten per centum (10%) of the asssias-
ments on each of said blocks, lots and parcels shall be paid annually
on or before the second day of September until the whole of said
several assessments shall be paid.
SECTION 2. This ordinance shall take effect and be in force
from and after its passage.
Passed: March S, 1940
At7t, Approved: 1 `7
y Clerk.. Acting Mayor.