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HomeMy WebLinkAbout3629d, cmInum N0. 3629. AN ORDINANCE ASSESSING TEMI VALUE' OF BEN16FITS TO BE RECEIVEM BY THE OVV1v7ERS OF EACH OF THE SEVERAL LOTS, BLOCY3 , A11D PARCELS OF LAND WITHIN STMET I1!P 20VE,I +T DISTRICT I 70 . 389 OF THE CITY OF LITTLE ROCK,ARK.ANSAS. WHEREAS, the majority in value of the property holders ovining property adjoining the locality to be affected and situated in Street Improvement District Yo. 389 of the City of Little Rock, Arkansas, organized for the purpose of grading, draining, curbing, guttering, and paving with asphaltic -na.cadam, Warrenite- bitulithic, sheet asphalt or any other type of pavement the commissioners may deem to the best interest of the district, Bragg Street from the south property line of Twenty -first Street to the north property line of Twenty- fourth Street, have petitioned the City Council of the City of Little ?dock, 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 Writ, - S, said benefits received by each and every block, lot, and parcel of real property situated in said district equals or exceeds the local assessment thereon; and WHEREAS, the estimated cost of said improvement is Dine Thousand Thirty -one and N+o One Hundredths ($9,031.00) Dollars; NOW, TIz3REFORF , B`� IT ORDAI BY T1� CITY COt1A IL OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. That the said several blocks, lots, and parcels of real property in said district be assessed according to the assessment list for said improvement district as the same now re- mains in the office of the City Clerk, and as the same may be annually re- adjusted by the Board of Assessors, and Page 2 — Ordinance No. 7629. that five (5 %) per centum on each of said blocks, lots, and parcels shall be paid annually on or before the first day of December of each of the years 1924 and 1925; and that six (6) per centum on each of said Ilocks, lots, and parc.'-Is shall be paid on or before the first day of December 1926; and that seven (7/0) per centum on each of said blocks, lots, and parcels shall be paid annually on or before the first day of December of each of the years 1927 to 1929, inclusive; and that six (6;0) Per centum on each of said blocks, lots, and parcels shall be paid annually on or before the first day of December of each of the years 1930 to 1934, inclusive; and that five (5/0) per centum on each of said blocks, lots, and parcels shall be paid annually on or before the first day of December of each of the years 1935 to 1937, inclusive; and that eight (8jo) per centum on each of said blocks, lots, and parcels shall be paid annually on or before the first day of December of each of the years 1938 and 1939. Section 2. That all ordinances and 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 on this 8th day of September, 1924. I&Lyor