1610 ORD CLOSING HEARING GIVEN TO REAL AND TRUE OWNERS ON PROPERTY ABUTTING ON CERTAIN STREET IN COP

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SECTION 5. The assessment levied i.n Sectin 4, above, are for a portion of the costs of said improvements in the street and units therein set out, wb,l,ch are included in said ordi.nance enacted on.July 9, 1962, and the assessments for the improvements oraassessments i.n any othereofttheto, or connected with the improvemen s streets or units described in said ordina.nce; and in levying said assess- ments the amount so assessed for the improvements i.n said units have with been in no wise affected by any farththing ereforn in axiy ther of tsa d uri ts e improvements or by the assessments The omission of the improvements in any of said streets or units as a whole shall in no wise affect or impair the validity of the assessments in any other of said units and the omission of the improvement in any parti- cular street or unit in fron~ a ains twhi h a val d property assessxnent lien of such assessments, o g cannot be levied, shall in no wise affect or impair the validity of the assessments agaiast the other properties in such unit. 5ECTION 6. The costs of said improvements shall be paid as follows, to -w it: (a) The City sha11 paY all of the costs of drainage installations, vsrherever located, if any; the costs of excavation, base preparation and paving within street intersections; and one-third of the costs of excavation, base prepara- tion and paving of all other portions of the street inv~olvedt anersll halhe costs of 7.5 feet of curb and gutter. The abutting poP Y pay all of the costs of the remaininbase rbxi and paing of allao her the remaining costs of excavatio , PreParation portions of the street involved. (b) The costs due by the abutting property owners shall be assessed against the respective abutting propertiTexas and the1Charter of he City ofEParis accordance with the statutes of herein referred to. No asse~~m~ the eof against excessYofthe~be efits pe rty or the real and true oto such property in enhanced value thereof by means of such improvement. The amounts of such assessments shall constitute a first and prior lien upon all such properties and a personal li.adtsha.lltbe payable ~.n installments thereof, whether correctly named or not, an as follows: When the improvements herein accpted by the Ct~y ofd above and portions thereof have been pleted an Paris, the amount of the assessment against each property abuttin.g thereon and the real and truc owner thereof shall be and become payable in five (5) due respectively thirty (30) days after one (1), two equal annual installments, (2), three (3), four (4), and five (5) years from the date of acceptance by the City, together with interest on each insta.llment from said date a able acceptance unti.l paid at the rate of six per cent (6%) per annum, p Y annually; provided, however, that the -owner of any of said property shall have the privilege of paying all or any of said insta.llments at any time before malurity thereof by paying the total amount of the principal of such installments, together with the interest accrued thereon to the date of paY- ment. Further, if default be xnade in the payment of any of the saici in- stallments of principal or interest promptly as the same mature, then at the option of the City of Paris, the entire amount of the assessment upon which default is made, together with reasonable attorney'8 fees and all collection costs incurred, shall be and become immediately due and payable. All such assessments levied are, and shall be, a personal sEC Tzarr 7. liability and charge against the respective real and true owner or owners of said abutting properties, notwithsta.ndi.ng such owner or owners may not be named or correctly named, and any irregularity in the name of the pro- perty owner, or the desc eP~ matter or th ngrshall not n anywi.se nvalidate assessment, or in any oth