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1805 ORD CLOSING HEARING GIVEN TO REAL AND TRUE OWNERS OF PROPERTY ABUTTING ON CERTAIN STREET IN COP
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1805 ORD CLOSING HEARING GIVEN TO REAL AND TRUE OWNERS OF PROPERTY ABUTTING ON CERTAIN STREET IN COP
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11/27/2017 9:23:22 AM
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CITY CLERK
CITY CLERK - Date
11/7/1966
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SECTION 5. The assessments levied in Section 42 above= are for a portion <br />o• the costs of said improvements in the street and units therein set out, <br />which are incl.uded in said ordinance enacted on September 122 1966, and <br />the assessments for their~rovements in said units are in no wise related to, <br />or connected with the improvements or assessments in any other of the <br />streets or units described in said ordinance; and in levying said assess- <br />ments the amounts so assessed for the improvements in said units have been <br />in no wise affected by any fact or thing in any way connected with the im- <br />provements or by the assessments therefor in any other of said units. The <br />omission of the improvements in any of said streets or units as a whole <br />shall in no wise affect or impair the validity of the assessments in any other <br />of said units and the omission or the improvement in any particular street <br />or unit in front of any parcel of property exempt from the lien of such assess- <br />ments, or against which a valid property assessment cannot be levied: <br />shall in no wise affect or impair the validity of the assessments against the <br />other properties in such unit. <br />SECTION 6. The costs of said improvements shal.l, be paid as folows, <br />to -wit: <br />(a) The City shall pay all of the costs of drainage installatinns, wherever <br />located, if any, alI the costs of excavation, base preparation and paving with- <br />in street intersections, and not less than one-third of the costs of excava- <br />tion, base preparation and paving all other portions of the street involved. <br />In cases where the City Council may deem it just and proper, the City shalX <br />also pay alI or any part of the amount of any credited adjustment which may <br />be al].owed in the assessment of abutting properties and the owner thereof9 <br />as herein provided, for the cost of excavation, base preparation and paving. <br />The remaining costs of aU such improvements shall be paid by the property <br />abutting such portion of said street and the owners thereof. <br />(b) The remainder of the costs of such improvements shall be assessed <br />against the respective abutting properties and the real and true owners <br />thereof in accordance with the statutes of Texas and the Charter of the <br />City of Paris herein referred to. No assessments shall be made against <br />any abutting property or the real and true owner thereof for costs in excess <br />of the benefits to such property in enhance value thereof by means of such <br />improvement. The amounts of such assessments shall constitute a first and <br />prior lien upon all such properties and a personal liability of the real and true <br />owners thereof, whether correctly named or not9 and shall be payable in in- <br />stallments as follows: When the improvements herein ordered for the street <br />designated above and portions thereof have been completed and accepted by <br />the City of Paris, the amount of the assessment against each property <br />abutting thereon and the real and true owner thereof shall be and become <br />payable in five (5) equal annual installments, due respectively thirty (30) <br />days after one (1)., two (2)p three (3)9 four (4)s and five (5) years from the <br />date of acceptance by the City, together with interest on each installment <br />from said date of acceptance until paid at the rate of six per cent (6%) per <br />annum, payable annuall,y; provided, however, that the owner of any of said <br />property shall have the privilege of paying all or any of said installments at <br />any time before maturity thereof by paying the total amount of the principal <br />of such installments, together with the interest accrued thereon to the date <br />r _ - _ ~_I - ' r ' - r- --t.i 1 - - -1 - - ~L - - -'-.i. - t - P <br />
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