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HomeMy WebLinkAbout3346e ORDINANCE NO. 3346 o I If AN ORDI11UTCE ASSESSING THE VALUE OF THE BENEFITS TO BE RECEIVED BY TIM O 7NERS OF EACH OF THE SEVERAL LOTS, BLOCKS, PARCELS OR OTHER SUB - DIVISION OF REAL PROPERTY WITHIN STREET ILIPROV E EMT DISTRICT NO. 351, OF THE CITY OF LITTL1 ROCK, ARTLUdSAS. WHEREAS, 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. 351 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 commissioners of said District shall determine to be for the best interests of the District, the streets set out in their petition, have petitioned the City Council of the City of Little Rock for the construction of said iiAprovements and the cost thereof shall be assessed u9on the real property within said District accor ing to the benefits received; WH6EREAS, the benefits received by each and every lot, block, parcel or ether sub - division of real property situated within said District equals or exceeds the local assessment thereon; and WHEREAS$ the esti sated cost of said improvement is 0952140.659 NOI, THEREFORE, BE IT ORDAITTED by the City Council of the City of Little Rock, Arkansas: SECTION 1: That the said several lots, blocks, parcels or other sub- divisionsof real property within said Street Improvement District No. 351 be, and they are hereby, assessed according to the assessment list for said Street Improvement District as the same now remains in the office -3 3 ORDINANCE NO. 3346 o I If AN ORDI11UTCE ASSESSING THE VALUE OF THE BENEFITS TO BE RECEIVED BY TIM O 7NERS OF EACH OF THE SEVERAL LOTS, BLOCKS, PARCELS OR OTHER SUB - DIVISION OF REAL PROPERTY WITHIN STREET ILIPROV E EMT DISTRICT NO. 351, OF THE CITY OF LITTL1 ROCK, ARTLUdSAS. WHEREAS, 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. 351 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 commissioners of said District shall determine to be for the best interests of the District, the streets set out in their petition, have petitioned the City Council of the City of Little Rock for the construction of said iiAprovements and the cost thereof shall be assessed u9on the real property within said District accor ing to the benefits received; WH6EREAS, the benefits received by each and every lot, block, parcel or ether sub - division of real property situated within said District equals or exceeds the local assessment thereon; and WHEREAS$ the esti sated cost of said improvement is 0952140.659 NOI, THEREFORE, BE IT ORDAITTED by the City Council of the City of Little Rock, Arkansas: SECTION 1: That the said several lots, blocks, parcels or other sub- divisionsof real property within said Street Improvement District No. 351 be, and they are hereby, assessed according to the assessment list for said Street Improvement District as the same now remains in the office r of the City Clerk of the City of Little Rock, and as the same may be Annually re- adjusted by the Board of Assessors, and that 6 -2/3 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 ..lst day of December of each year until the whole of said assessment shall have been paid. The first annual payment shall be made on or before the lst .IV o..L Decerzberi 1923, SECTION II: That 41 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, Passe.* October 22, 1 j 1923. Approved: Mayor _ ATTEST: 1 t erk