1857 ORD DECLARING NECESSITY FOR AND ORDERING PAVING OF A CERTAIN STREET AND PORTIONS THEREOF IN COP

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(a) The City shall pay all of the costs of drainage installations, wherever located, if any, all the costs of excavation, base preparation and paving within street intersections, and not less than one~third of the costs of excavation, base pre- paration and paving of all other portions of the street involved. In cases where the City Council may deem it just and proper, the City shall also pay all or a-V 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, f or the cost of excavation, base preparation, and paving. The remaining costs of all such improvements shall be paid by the property abutting such portion of said street and the owners thereof. (b) The remainder of the costs of such improvements 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 enhance value thereof by means of such improve» ment. The amounts of such assessments shall con» stitute a first and prior lien upon all such pro- perties and a personal liability of the real and true owners thereof, whether correctly named or not, and shall be payable 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 Faris, the amount of the assessment against each property abutting thereon and the real and true owner thereof shall be and become payable in five (5) equal annual i:nstallments, due respectively thirtjr;,(30) days a.fter 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 pai d at the rate o.f six per cent (6%) per annum, payable annually; provided, however, that the owners 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 o:f such installment, togdher with the interest accrued thereon to the date of payment. Further, if default be made in the payment of any of said installments of principal or interest promptly as the same mature, then at the opli.un of the City of F"aris, the entire amount of the assess-» ment upon which default is made, together with reasonable attorne,y's fees and all collection costs incurred, shall be and become immediately due and payable.