1622 ORD DECLARING NECESSITY FOR AND ORDERING PAVING AND IMPROVEMENT OF CERTAIN STEETS AND PORTIONS THEREOF IN COP

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Section 5. The costs of said i.riprouements shall be paid as follows, to-wit: (a) The City shall pay all of the costs of drainage in- stallations, wherever located, if any, al1 the costs of excavation, base preparation and paving within street intersections, and not less than one-third of the costs of excavation, base preparation and paving of all other portions of the streets involved. In cases vahere the City Council may deem it just and proper, the City shall also pay all or any part of the amount of any credited adjustment which may be allowed in the assessment of abutting properties and the ovJner thereof, as herein provided, for the cost of excavation, base preparation, and paving, and of installation of curbs and gutters. The remaining costs of all such improvements shall be paid by the property abutting such portion oi' said streets and the owners thereofo (b) The remainder of the costs of such improvements sha11 be assessed against the respective abutting properties and the real and true owners thereof in accordance with the statutes of Texas and the Chartercf the City of Paris herein referred to. No assessment shall be made against any abutting property or tne real and true owner thereof .'or cests in excess of the benef its to such property in enhance value thereof by means of such improvement. The arnolznts oi' such assessments shall constitute afirst and prior lien upon all such properties and a personal liability of the real and true owners thereof, vlhether correctly named or not, and sha11 be payable in installments as follows: TnThen the improvements herein ordered for the streets desig- nated above and portions thereof have been completed and accepted by the City of Paris, 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 installments, due respectively thirt (30) days after one (1), two (2), three (3), four (4~, and f ive (5) years from the date of acceptance by the City, together with interest on each installment from said date of acceptance until paid at the rate of six_per cent (bo) per annum, nayable 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 matur ity thereof by paying the total amount of the principal ofsuch installments, tobether with the interest accrued thereon to the date of payment. Fu.rther, if def ault be made in the payment of any of said installments of principal or interest promptly as the same matia.re, then at the option of the City of Paris, the entire a.mount of the assessment upon which default is made, togetn.er with reasonaUle attorne7T' s fees and a11 collection costs inclarred, shal_l be and become immediately ciue and pa;,able. Section 6. The City IViana.ger of the City of Parls ls hereby au- thorized to secure and obtain any securlty 11en, or document desired, in actdition to the pavin; assessments and certificates authorized by law to secUre the payment of the .respective property oti•mer's part of the costs and irnprovements, and if he sha11 be unable to obtain reasonable satisfactorJ secizrity as to any abuttin- property or owner, the whole city block to which the frontage oi any such property or properties belong may be by him deleted f'rom the construction con- tract and the lien upon the properties abutting any such city block and portion of saia construction project fixed b;r the filing of notiee of the enactment of' this ordinance will be released.