2546 ORD CLOSING HEARING GIVEN TO REAL AND TRUE OWNERS OF PROPERTY ABUTTING ON CERTAIN STREET IN COP

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Section 5. The assessments levied in Section 4, above, are for a portion of the costs of said improvements in the street and units therein set out, which are included in said ordinance enacted on January 14, 1980, and the assessments for the improvements in said units are in no wise 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 aEfected by any fact or thing in any way connected with 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 lien 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 propert.ies in such units. Section 6. The costs of said improvements shall be paid as follows, to-wit: (a) The City shall pay all of the costs of drainage installation, excavation, base preparation and paving, curb and gutter within in- tersections and other appurtenances. In cases where the City 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 properties and the owner thereof, as herein provided, for the costs of installation of curbs and gutters and driveways. The remaining costs of all such im- provements shall be paid by the property abutting such portions of sa.id street and the owners thereof. (b) The remainder of the costs of such improvements for the installation of curbs and gutters and driveways 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 herein 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 first and prior lien upon all such properties and a personal liability 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 against each property abutting thereon arxd 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 City, together with interest on each installment from said date of acceptance until paid at the rate of six per cent (6%) per annum, payable annually; provided, however, that the owner of any of said property shall have the privilege of paying all or any of said installments at any time before maturity thereof by paying the total amount of the principal of such installments, to- gether with the interest accrued thereon to the date of payment.