364
ORDINANCE NO. Q~~, ~'
AN ORDINANCE ASSESSING THE BENEFITS IN ANNEX #2
TO STREET IMPROVEMENT DISTRICT #4 OF WEST MEMPHIS, ARKANSAS
WHEREAS, more than a majority in value of the property
holders owning property contiguous to Street Improvement District
#4 of West Memphis, Arkansas, organized for the purpose of paving,
grading, draining, curbing and guttering the streets set out in the
petition have petitioned the council of said city for annexation to
said improvement district for the grading, draining, curbing, gutter-
ing and paving of said Annex #2 on Thompson Avenue from the East line
of North Fourteenth Street, East a distance of five hundred ten feet
(510'), and that the cost thereof shall be assessed upon the real
property of said Annex #2 to Street Improvement District #4 of West
~ Memphis, Arkansas, according to the benefits received, and
WHEREAS, said benefits received by each and every lot and
parcel of real property situated in said annex to said district eq-
uals or exceeds the local assessment thereon; and
WHEREAS, the estimated cost of said improvement in said
Annex #2 to Street Improvement District #4 of West Memphis, Arkansas,
is Fifteen Thousand and No/100ths Dollars (S 15,000.OQ;NOW,THEREFORE,
BE IT ORDAINED, by the City Council of the City of West
Memphis, Arkansas:
SECTION ONE. That said several lots and parcels of real
property in said Annex #2 to said district be assessed according to
the assessment list for said annex to said improvement district, as
the same may hereafter be revised and that 2~per centum of the
assessment of each of said lots and parcels shall be collected by
the County Collector, with the first installment of general taxes
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becoming due in 1960, and annually thereafter with the first install-
went of general taxes, until the whole of said assessments shall be
paid.
SECTION TWO. This ordinance shall take effect and be in
force from and after its passage.
PASSED this _~~. day of j 1959.
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APPROVED:
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ATTEST ~ ~'
CITY CLERK
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