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ORDINANCE N0. 4616.
AN ORDINANCE ASSESSING THE VALUE OF BENEFITS TO BE RECEIVED BY
THE 07'HERS OF EACH OF THE SEVERAL BLOCKS, LOTS 1 D
PARCELS �' LA ND 7TITHIN SE71JER IMPROVEMENT DISTRICT
NO. 115 OF THE CITY OF LITTLE ROCK, ARKANSAS.
Whereas, a majority in value of the property holders
owning property adjoining the locality to be affected and sit-
uated in Sewer Improvement District No. 115 in the City of Little
Rock, Arkansas, organized for the purpose of making local improve-
ments therein by constructing a system of sanitary sewers of such
materials and in such manner and in such locations as the commis-
sioners of the district deem to be for the best interest of the
district, have petitioned the City Council of the City of Little
Rock, Arkansas, for the construction of said. improvements and
that the cost thereof shall be assessed upon the real property in
said district according to the benefits received, and
7MEREAS, said benefits received b7 each and every
block, lot and parcel of real property, railroad and railroad
rights of way (there being no railroad or railroad rights of way
in said district, situated in said district, equals or exceeds
the local assessment thereon; and,
VvHEREAS, the estimated cost of said improvement is
Fourteen Thousand, Six Hundred Dollars, (.14,600.00), exclusive
of interest;
THEREFORE IT IS NO ", ORDAINED BY THE CITY COUNCIL OF
THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That the said several blocks, lots
and parcels of real property, railroads and railroad
rights of way in said Sewer Improvement District To.
115 of Little Rock, Arkansas, be, and they are hereby
assessed d.ccording to the assessment list as the same
now appears in the office of the City Clerk of the
City of Little Rock; and as the same may be annuglly
readjusted by the board of assessors, and that3 per
centum of said assessment of the value of bene s to
each of said blocks, lots and parcels of land, rail-
road and railroad rights of way, shall be paid on or gcF.,Kc
the first day of September, of each year u, til the
whole of said local assessment shall have been paid,
the first payment to be made on or before September
lst, 1930, and said local assessment shall be a charge
and a lien against all real property in said district
from the date of this ordinance and shall be entitled
to preference over all judgements, executions, encum-
brances, or liens whensoever created, tuitil such lo-
cal assessment, with any penalty and cost that may
accrue thereon, shall be paid; provided as betwge;n
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grantor and grantee, all payments not due at
the date of the transfer of such real property
shall be payable by grantee.
Section 2. That all ordinances or parts
of ordinances in conflict herewith, be, and the
same are hereby repealed, and this ordinance
shall be in full force and effect from and after
its passage.
Passed: May 26, 1930.
Approved:
YT a r
Attest:
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