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ORDINANCE 140 - A Z76
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An ordinance assessing the value of the benefits
e received by the owners of each of the several blocks,
lots and parcels of land within Street Improvement District
No, 288 of the City of Little Rock., Arkansas.
ITHEREAS, a majority in value of the property own -
ers owning property adjoining the locality to be affected
and situated within Street Improvement District Teo. 288 of
the City of Little Rock, Arkansas, organized for the purpose
of ma < >ing local improvements therein by doing the necessary
draining and paving with asphaltic concrete, bitulithic as-
phalt, sheet asphalt or with such other materials and in such
manner as the commissioners of said district shall determine
to be for the best interests of the district, the street 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 with-
in said district according to benefits received; and
WHERE.�S, 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
"WHERE'AS, the estimated cost of said improvement is
X50,000.00;
THEREFORE, IT IS NOVI ORDAINED BY THE CITY COUNCIL
OF THE CITY OF LITTLE ROC:, ARKANSAS:
SECTION 1: That the said several blocks, lots and
parcels of real property within said Street Improvement Dis-
trict No. 288 be, and they are hereby, assessed according to
the assessment list for said improvement district as the same
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now remains'in the office of the City Clerk of the City of
little Rock, and as the same my be annually readjusted by
the Board of Assessors, and that ten per centum (10;0) of
said assessment of the value of the benefits of each of said
blocks, lots and parcels of land shall.be paid annually on
or before the 15th day of April of each year until the whole
of said assessment shall have been paid. The first annual
payment shell be made on or before the 15th day of April,
1921.
SECTION 2: That all ordinances or parts of ordi-
nances in conflict herewith are hereby repealed, and this
ordinance shall be in full force and effect from and after
its passage.
Passed February 7, 1921.
Attest:
City Clerk.
v
approved:
Mayor.