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HomeMy WebLinkAbout3079s I / i ORDINANCE An Ordinance Assessing the. Value of the Benefits to be Received by the Owners of each of the Several Blocks, Lots and Parcels of Land Within Street Iw roven,, ,-zent District No. 314 (, the City of Lit't'le Rock, Arkansas. WHEREAS, the majority in v�.1ue of the property holders owning property adjoining the loci-lity to be affected and situated in district No- 314 organized for the purpose of grading, dxaining and p%_vini with asphalt, asphaltic concrete or penetration as- ph't_l t in sou .h manner and wit such materials as the comr:i s si oners of said district shall deterrdne shall be for the best interests of the district, West Twelfth (12) Street from the West line of Battery Street to the V� st line of Lewis Street, Li-j le Hock, Arkansas, have petitioned the council of the city of Little Rock fox the construction of said improvement, and that the cost there- of shall be assessed upon the real property of said district ao- cordin6 to the benefits received; arid, WHEREAS, said benefits received by each and every block,lot and r;arcel of real property situated in said district equals or ex- ceeds ,ire local assessment thereon; and, WHEP AS, the estimated cost of said improvement is $64,933.00, exclusive of interest: Therefore, it is now ordained by the city council of the city of Li , ale Rock, Arkansas: SECTION 1. That said several blocks, lots and parcels of real property in said district be assessed according to the assess - ment list for said improvement district as the same now rex.ains in the office of the city clerk of the City of Li4'--le Rock, and as the sore :ray be annually read.;uster_ by the boara of assessors, and that ten (10) per centurp of said assessment of value of ben- efits of each of said blocks, lots and parcels of land shall be paid annually on or before the 13th day of Februl:.ry of each year .... N until one hundred (100) per centum of said asseer,ment shall have b -.en p aid. The first annual pay:.cn shall be made on or before the 15th day of February,1923. SECTION 2. That all or;- ir_,L.Ioes or parts of ordinances in con- flict herewi -:,h are hare a repealed and this ordinance shall be in full force and. efect from and after its passage. Passes• November 27 ,19 22 • Approved: Mayor ATTEST �i1 e;rk .