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HomeMy WebLinkAbout3351ORDINANC "E, NO. 3351 AN ORD INANCE ASSESSING TM, VALUE OF THE B iaNEFI TS TO BE R C]I V _ D BY THE 0C711ERS OF EACH OF THE SEVRAL LOTS, BLOCKS PARCELS OR OTHER SUB - DIVISIONS OF REAL PAO_?.ERTY 7ITHIN STREET II:IPROVMCANT DISTRICT N0.360 OF THE CITY OF LITTLE ROCK, ARKANSAS. AREAS, a Majority in value of the owners of real property ovming real property adjoining the locality to be af- fected and situated within Street Improvement District 'Jo.360 of the City of Little Rock, Arkansas, organized for the purpose of doing the necessary grading, draining, curbing, guttering and paving, in such manner and with such materials as the conmissioners of said District shall determine to be for the best interests of the district, the streets set out in their petition, have petit tioned the City Council of the City of Little Roca for the con- struction of said improvements and the cost thereof shall be assessed upon the real property within said district according to the benefits received; 711HEREAS, the benefits received by each and every lot, block, parcel or other sub- division of real property sit- uated within said district equals or exceeds the local assess- ment thereon; and 67,138.50 ,,.MREAS, 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, parcels or other sub - divisions of real property within said Street Improvement District No. 360 be, and they are hereby assessed according to the assessment list for said Street Improvement District ac the s2me now remains ir_ the office W of the City Clerk of the CitIT of Little Rock, and as the same may be annually re- adjusted by the Board of Assessors, and that six (6;17) per centum of said assessments of the value of the benefits on each of said lots, blocks, parcels or other sub - divisions of real property in said District shall be paid annually on or before the 15th day of Decem- ber of each year until the whole of said assessment shall have been paid. The first annual payment shall be made on or before the 15th day of December, 1923, 330TION 2: That all ordinances or parts of ordinances in conflict herewith are hereby repealed and this ordinance shall be in full force and effect from and after its passage. Passed this s 29th day of Octob:r, 1923, Approved: May r ATT]"J T: . City 01' n 1