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LAW OFFICES
SAM T. & TOM POE
A. O. U. W. BLDG.
LITTLE ROCK. ARK.
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ORDINANCE NO. _� 2-,§-
71- 3
An Ordinance Assessing the Value of the Bene-
fits to be Received by the Owners of
Each of Several Blocks, Lots, Parcels
and other Subdivisions of Land Within
Street Improvement District No. 340 of
the City of Little Rock, Arkansas.
WHEREAS, a majority in value of the property owners
owning property adjoining the locality to be affected and sit-
uated within Street Improvement District No. 340 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 commis-
sioners of said district shall determine to be for the best in-
terests of the district, the streets set out in the petition,
have petitioned the City Council of Little Rock for the construc-
tion of said improvement and that the cost thereof shall be
assessed upon the real property within said district according
to the benefits received; and,
«iEI-7AS, said benefits received by each and every block,
lot, parcel and other subdivision of real property situated
within said district ecuals or exceeds the local assessment
thereon; and,
WHEREAS, the estimated cost of said improvement is
$105,195.78.
THERF20a, it is now ordained by the City Council of
the City of Little Rock, Arkansas:
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Section 1. That the said several blocks, lots, parcels
and other subdivisions of real property within said Street'Im-
provement District No. 340 of the City of Little Rock, Arkansas,
be, and they are hereby assessed according to the assessment
list for said improvement district as the same now remains in
the office of the City Clerk of Little Rock, and as the same
may be annually re- adjusted by the Board of Assessors, and
that three (3) per centum of said asse ssirient of the value of
the benefits on each of said blocks, lots, parcels and other
subdivisions of land shall be paid annually on or before the
first day of October of each year, for the first five years, (5)
and that five and a(5 2/3) per centum of said assessment of
the value of the benefits on each of said blocks, lots, parcels
and other subdivisions of land shall be paid annually on or be-
fore the first day of October of each year, thereafter, until
the whole of said assessment shall have been paid. The first
annual payment shall be made on or before the first day of
October, 1923.
Section 2. That all ordinances or parts of ordinances
in conflict herewith are hereby repealed, and this ordinance
shall be in Rill force and effect from and after its passage.
Passed: -- - 1 9� � Z
8
Approved:
Attest:
d— 7
LAW OFFICES
SAM T. & TOM POE
A O. U. W. BLDG,
LITTLE ROCK, ARK.
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