Laserfiche WebLink
each installment from said date of acceptance <br />until paid at the rate of six per cent (6%) per <br />annum, payable annually; provided, however, <br />that the owners of any of said property shall <br />have the privilege of paying all or any of said <br />installments at any time before maturity <br />thereof by paying the total amount of the prin- <br />cipal of such installment, together with the <br />interest accrued thereon to the date of payment. <br />Further, if default be made in the payment of <br />any of said installments or principal or interest <br />promptly as the same mature, then at the option <br />of the City of Paris, the entire amount of the <br />assessment upon which default is made, together <br />with reasonable attorney's fees and all collection <br />costs incurred, shall be and become immediately <br />due and payable. <br />Section 6. The City Manager of the City of Paris is hereby <br />authorized to secure and obtain any security lien, or document de- <br />sired, in addition to the paving assessments and certificates au- <br />thorized by law to secure the payment of the respective property <br />owner's part of the costs of improvements, and if he shall be <br />unable to obtain reasonable satisfactory security as to any abutting <br />property or owner, the whole city block to which the frontage of <br />any such property or properties belong may be by him deleted <br />from the construction contract and the lien upon the properties <br />abutting any such city block and portion of said construction project <br />fixed by the filing of notice of the enactment of this ordinance <br />will be released. <br />Section 7. The City Clerk is hereby directed to cause to be <br />prepared a notice of e oft Lamar Coudnty, n Texasd, mong he <br />notice with the County Clerk <br />Mortgage or Deed of Trust Records of said County. <br />Passed and adopted by the City Council of the City of Paris, in <br />regular session convened, on this the 14th day of February, 1977. <br />~ <br />J es M. rune e, Mayor <br />A TTEST: <br />*.C.-G eene, City C erk <br />APPROVED O FORM: <br />. . Haynes, City ttorney <br />