2500 ORD CLOSING HEARING GIVEN TO REAL AND TRUE OWNERS OF PROPERTY ABUTTING UPON CERTAIN STREETS IN COP WITHIN LIMITS

Home Browse Search

Section 5. The assessments levied .in Sect.ion 4, above, are for a portion of the costs of sa.id .improvements in the street and units therein set out, wh.ich are included in sa.id ordinance enacted on June 12, 1978, and the assessments for the improvements in said un.its are .in no w.ise related to or connected with the improve- ments or assessments in any other streets or units described in said ordinance, if any; and in levying said assessments the amounts so assessed for the improvements in said units have been in no wise affected by any fact or thing in any way connected w.ith the im- provements or by the assessments therefor in any other of said units. The omission of the improvements in said street or units as a whole shall in no wise affect or impair the validity of the assessments in any other of said units and the omission of the im- provement in any particular street or unit in front of any parcel of property exempt from the l.ien of such assessments, or against which a valid property assessment cannot be levied, shall .in no wise affect or impair the validity of the assessments against the other properties in such units. Section 6. The costs of said improvements shall be paid as follows, to-wit: (a) The C.ity shall pay all of the costs of drainage installat.ion, excavation, base preparation and paving, curb and gutter within in- tersections, replacement of inadequate water main and other appur- tenances. In cases where the C.ity Council may deem it just and proper, the City shall also pay all or any part of the amount of any credited adjustment which may be allowed .in the assessment of abutting propert.ies and the owner thereof, as herein provided, for the costs of installation of curbs and gutters and driveways. The remain.ing costs of all such improvements shall be paid by the pro- perty abutting such port.ions of said street and the owners thereof. (b) The remainder of the costs of such .improvements for the installat.ion of curbs and gutters and dr.iveways shall be assessed against the respective abutting properties and the real and true owners thereof in accordance with the statutes of Texas and the Charter of the City of Paris here.in referred to. No assessment shall be made against any abutting property or the real and true owner thereof for costs in excess of the benefits to such property in enhanced value thereof by means of such improvements. The amounts of such assessments shall constitute a f.irst and prior lien upon all such properties and a personal liab.il.ity of the real and true owners thereof, whether correctly named or not, and shall be pay- able .in installments as follows: When the .improvements herein ordered for the street designated above and portions thereof have been completed and accepted by the City of Paris, the amount of the assessment aga.inst each property abutting thereon and the real and true owners shall be and become payable in five (5) equal annual principal installments, due respectively thirty (30) days after one (1), two (2), three (3), four (4), and five (5) years from the date of acceptance by the C.ity, together with interest on each installment from said date of acceptance until paid at the rate of six per cent (670) per annum, payable annually; prov.ided, however, that the owner of any of sa.id property shall have the privilege of pay.ing all or any of said installments at any time before matur.ity thereof by paying the total amount of the princ.ipal or such installments, to- gether with the interest accrued thereon to the date of payment.