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HomeMy WebLinkAbout58484r L It ORDINANCE NO. 5849. AN ORDINANCE ASSESSING THE BENEFITS TO BE RECEIVED BY THE OWNERS OF EACH OF THE SEVERAL LOTS, BLOCKS AND PAR- CELS OF LAND WITHIN ANNEX NO. 1 TO STREET IMPROVE11ENT DISTRICT NO. 527 OF THE CITY OF LITTLE ROCK, ARKANSAS. WEERWi g the majority in value of the. property owners owning property adjoining the locality to be effected and situated in Annex No. 1 to Street Improvement District No. 527 of the City of Little Rock, Arkansas, organized for the purpose of grading, draining, curbing, guttering and paving Pine Street as therein set out have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of said improvement, and that the cost thereof shall be assessed upon the real property of said district according to the benefits received; and WHEREAS, said benefits received by each and every lot, block, and parcel of real property situated in said district equals or exceeds the local assessment thereon; and $1,850.00; nDMUS, the estimated cost of said improvement is NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Little Rock, Arkansas: SECTION 1. That the said several lots, blocks, and- parcels of real property in said Annex No. 1 to Street Improve- meat District No. 527 of the City of Little Rock, Arkansas, 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 assessment of benefits on each of said lots, blocks, and parcels of real estate shall be paid annually on or before the 1st day of April , of each year, beginning with April _1 , 1940, until the whole of the said local assessment of benefits shall be paid. ..y L a w SECTION 2. All ordinances and parts of ordinances in conflict herein are hereby repealed, and this ordinance shall be in full foree and effect from and after its passage. PASSED: February 5, 1940- ATTEST* City Clerk