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HomeMy WebLinkAbout3613�X' ORDINANCE NO. 3613. AN ORDINA1103, ASSESHNG Tl VALU& OF BT -FITS TO B: R:-'CI V�THE D BTHE 0.7N RS OF LAC H OF T S::V RAL LOTS, BLOCLrS OR OTHER SUBDIVISIONS OF LAND ''I THIN STREET IMPROV�',143NT DISTRICT NO.388 OF TF CITY OF LITTLE ROCK, ARKANSAS. WI�R4!AS1' a majority in value of the owners of real property owning real property adjoining the locality to be affected and situated within Street Improvement District No. 388 of the City of Little Rock, Arkansas, organized for the purpose of making local improvements therein by grading, draining, curbing;, guttering and paving in such manner and with such materials as the commissioners of said district shall determine to be for the best interests of the district the street set out in their oatition, have petitioned the City Council of the City of Little Rock, Arkansas, for the construction of said i-norovements and that the cost thereof shall be assessed upon the real property in eaid district according to the benefits received; and MR'AS, said benefits received by each and every lot, block and other subdivision of real property situated in said district equals or exceeds the local assessment thereon; and WH3T.; ?,AS, the estimated cost of said improvement is X54, 361.67, NOW, THM :FOR , B IT ORDAI EM BY THI, CITY COUNCIL OF T'rL CITY OF TITTLE ROCK, ARKANSAS: 3'7CTION 1: That the said several lots, blocks and other subdivisions of real property within said Street Im- provement District No. 388 be, and they are hereby assessed according to the assessment list for said district as the same now remains in the office of the City Clerk of the City of Little Rock, and as the same may be annually readjusted ►J 1 by the Board of Assessors, and that nine (9%) per centum of said assessment of the value of the benefits of each 4 said lots, blocks or other subdivision of real property in said district shall be paid annually on or before the 15th day of October of each year until the whol& of said assessment shall have been paid. The first annual payment sha11 be made on or before the 15th day of October, 1924. S- :CTION 2: That all ordinances or parts of ordinances in conflict herewith are hereby repealed and said ordinance shall be in full force and effect from and after its passage. Passed: August 11, 1;?24. ATT :ST: Approved•