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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 pro- <br />visions af Article 1105b, R. C. S. 19259 and the provisions of the Charter of the <br />City of Paris adopting said statute of the State of Texas. <br />Section 5. The costs of said improvements shall be paid as fol,lows~ <br />to -wzt: <br />(a) The City shall pay all of the co sts of drainage installations, <br />wherever located9 if any, all the costs of excavation, base <br />preparation and paving within street intersectionsa and not <br />].ess than one-third of the costs of excavation, base prepara- <br />tion and paving of aIl 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 alI or any part of the amaunt of any <br />credited adjustment which may be a1lowed in the assessment <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 remain- <br />ing costs of all such improvements shall be paid by the pro- <br />perty abutting such portion of said street andthe ow:iers <br />thereof. <br />(b) The remainder of the costs of such improvements sha11 be <br />assessed against the respective abutting properties and the <br />real andtrue owners thereof in accordance with the statutes <br />of Texas and the Cnarter 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 sha11 <br />constitute a first and priDr lien upon all such properties and <br />a personal liability of the real and true owners thereof, <br />whether correctly named or not, and shall be payable in in- <br />stallments as follows: Wnen the improvements herein ordered <br />for the street designated above and portions thereof have been <br />completed and accepted by the City of Paris, the amaunt of the <br />assessment against each property abutting thereon and the real <br />and true owner thereof shall be and become payable in five (5) <br />equal annual installments, due respectively thirty (30) da,rs after <br />one (1), two (Z), three (3), four (4), and five (5) years from the <br />date of acceptance by the City9 together with interest on each <br />installment from said date off acceptance until paid at the rate <br />of six per cent (6%) per annum, payable annually; provided, <br />however9 that the owners of any of said property shall have the <br />privilege of paying a71 or any of said installments at any time <br />before maturity thereof by paying the total amount of the prin- <br />cipal of such installment, together with the interest accrued <br />thereon to the date of payment. Further, if default be made in <br />the payment of any of said installments of principal or interest <br />promptly as the same mature, then at the opinion of the Ci.ty of <br />Parisa the entire amount of the assessment upon which default <br />is made, together wzth reasonable attorney2s fees and a1l <br />coU.ection costs incurred, shall be and become immediately due <br />and payab].e. <br />