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HomeMy WebLinkAbout3017o ORDINANCE NO. _3017. AN ORDINANCE ASSESSING THE VALUR OF BENEFITS TO BF RECEIVED BY Oq'JNEkS OF EACH OF THE SEVERAL BLOCKS, LOTS AND PARCELS OF LAND WITHIN STREET IMPROVEMENT DISTRICT NO. 322 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 situ- ated within Street Improvement Listrict No. 322 of the City of Little hock, Arkansas, organized for the purpose of making local- improvements therein by grading and paving in such manner and with such materials as the commissioners of said District shall deter- mine to be for the best interests of the District the streets set out in their petition,.have petitioned the City Council of Little Rock for the construction of said improvement and that the cost thereof shall be assessed upon the real property Srithin said Dis- trict according to the benefits received; and, WHEREAS, said benefits received by each and every block, lot and parcel of real property situated within said District equals or exceeds the local assessment thereon, and WHEREAS, the estimated cost of said improvement is 26,422.00; THEREFORE, IT IS NOW ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS., Section 1: That said several blocks, lots and parcels of real property in said Street Improvement Listriet T'o. 322 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 the pity. of Little Rock, and as the same may be annually readjusted by the Board of Assessors, and that ten (10) per centum of said assessment of value of benefits of each of said blocks, lots and parcels of land shall be ppdd annually on or before the 15th day of September of each year until one hundred (100') per centum of said assessment shall have been paid. Page 2. 1 The first annual payment shall be made on or before the 15th day of September, 1922. Section 2: That all- ordinances or parts of ordir..ances in conflict are hereby repealed and this ordinance shall be in full force and effect from and after its passage. Passed �� Approved: 'ayor