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HomeMy WebLinkAbout3324�\Q) ORIX NANCE N0. 3! Apt ORDINANCE ASSESSING THE VALUE OF T1:. B NEFI TS TO BE R OEI VED BY TIM' O,MRS OF �1 EACH OF TIC S ERA,L LOTS, BLOCKS, s_ ARCELS AND OTIE-IR SUB - DIVISIONS OF REAL PROPERTY 71THIN MEW IMPRO'T:rt2 NT DISTRICT NO., 366 OF THE CI "Irf OF LITTLE ROCK, ARKANSAS 4 IMIC,,, AS, a majority in value of the owners of real d property owning real property adjoining the locality to be affect- ed and situated within Street Improvement District No. 366 of the City of Little Rock, Arkansas, organized for the purpose of grad - ing, draining, curbing, guttering and paving in such manner and • with such materials as the commissioners of said District shall i determine to be for the best interests of the District, the street3 set out in their petition, have, petitioned the City Council of the City of Little Rock for the construction of said improvements and the cost thereof shall be assessed upon the real property within said District according to the benefits received: AREAS, the benefits received by each and every lot, block, parcel or other sub- division of real property situa- ted within said District equals or exceeds the local assessment thereon; and is ?479401.75; ,VH&REAS, the estimated cost of said improvement NOW, TIIRRFME, BE IT ORDAINED by the City Council of the City bf Little Rock, Arkansas: SECTION 1: That the said several lots, blocks, parcels or other sub - divisions of real property within said Street IJmprovement District Tao. 366 be, and they are, hereby assessed according to the assessment list for Street Imir ovement Distrietsio.366 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 re- .adjusted by the Board of Assessors, and that nine per centum of said t =► r 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 , -� day of November of each year until the whole of siAd assessment shall have been paid. The first annual payment shall be made on or before the 5th daffy of Novemb x, 192 S_,MION 2: That all ordinances or parts of ordinances in conflict herewith axe hereby repealed and this ordinance shall be in full force and effect from and after its passage. Passed !3eptembor 17th, 1923. Approved: TZayor ATTEST: City ���