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Section 4. The City Council of the City of Paris deems it advisable and <br />hereby determines to proceed under and exercise the powers, terms, and provi- <br />sions of Article i 105b, R. C. S. 1925, and the provisions of the Charter of the <br />City of Paris adopting said statute of the State of Texas. <br />Section 5. The co sts of said improvements shall be paid as follows, to -wit: <br />(a) The Gity shall pay all of the costs of drainage installations, <br />wherever located, if any, all the costs of ex.cavation, base <br />preparation and paving within street intersections, and not <br />less than one-third of the costs of excavation, base prepara- <br />tion and paving of all other portions of the street involved. <br />In cases where the City Council may deem it just and proper, <br />the City shall also pay all or any part of the amount of any <br />credited adjustment which may be allowed in the assessxnent <br />of abutting properties and the owner thereof, as herein pro - <br />vided, for the cost of excavation, base preparation, and <br />paving, and of installation of curbs and gutters. The re- <br />maining costs of all such improvements shall be paid by the <br />property abuttingsuch portion of said street and the owners <br />thereof. <br />(b) The remainder of the costs of such improvements shall be <br />assessed against the respective abutting properties and the <br />real and true owners thereof in accordance with the statutes <br />of Texas and the Charter of the City of Paris herein referred <br />to. No assessment shall be made against any abutting property <br />or the real and true owner thereof for costs in excess of the <br />benefits to such property in enhance value thereof by means of <br />such improvement. The amounts of such assessments shall <br />constitute a first and prior lien upon all such properties and a <br />personal liability of the real and trueowners thereof, whether <br />correctly named or not, and shall be payable in installments <br />as follows: When the improvements herein ordered for the <br />street designated above and portions thereof have been com- <br />pleted and accepted by the City of Paris, the amount of the <br />assessment againsteach property abutting thereon and the <br />real and true owner thereof shall be and become payable in <br />five (5) equal annual installments, due respectively thirty (30) <br />days after one (1), two (2), three (3), four (4), and five (5) <br />years from the date of acceptance by the City9 together with <br />interest on each installment from said date of acceptance <br />until paid at the rate of six per cent (6%) per annum, payable <br />annually; provided, however, that the owners of any of said <br />property shall have the privilege of paying all or any of said <br />installments at any time before maturity thereof by paying the <br />total amount of the principal of such installments, together <br />with the interest accrued thereon to the date of payment. <br />Further, if default be made in the payment of any of said in- <br />stallments of principal or interest promptly as the same <br />mature, then at the option of the City of Paris, the entire <br />amount of the assessment upon which default is made, to- <br />gether with reasonable attorney's fees and all collection costs <br />incurred, shall be and become immediately due and payable. <br />Section 6. The City Manager of the City of Paris is hereby authorized to <br />secure and obtain any security lien9 or document desired, in addition to the <br />paving assessments and certificates authorized by law to secure the payment <br />of the respective property owner's part of the co sts and improvementsa and if <br />he shall be unable to obtain reasonable satisfactory security as to any abutting <br />property or owner, the whole city block to which the frontage of any such pro- <br />perty or properties belong may be by him deleted from the construction con- <br />tract and the lien upon the properties abutting any such city block and portion <br />of said construction project fixed by the filing of notice of the enactment of this <br />ordinance will be released. <br />