1425 ORD CLOSING HEARING GIVEN TO REAL AND TRUE OWNERS OF PROPERTY ABUTTING ON CERTAIN STREET IN COP

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SECTION 5. The assessments levied in Section 4 above are fax a portion of the costs of said impravements in the street and units therein set out, which are included in said ordinance enacted on March li, 1957, and the assessments for the improvements in said units are in nodvise related to, or connected with the improvements or assessments in any other of the street or units described in said ordinance; and in levying said assessments the amount so assessed for the improvements in said units have been in nowise affected by any fact or thiny in any way connected with the improvements ox by the assessments therefor in any other of said units. The omission of tne improvements in any of said street or units as a whole shall in no vrise affect nor impair the validity of the assessments in any other of said units and the omission of the improvement in any particular street or unit in front of any parcel of property exempt from the lien of such assessments, or against which a valid property assessment cannot be levied, shall in no- wise affect nor impair the validity of the assessments against the other properties in such unit. SECTIUN 6. The costs of said improvements shall be paid as follows, to-wit: (a) The City shall pay all of the costs of drainage instali_ations, Nher- ever lo cated, 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 preparation and paving of ali other portions of the street involved. In cases where the City Council rnay deem it just and proper, the City shall also pay all ox any 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, for the cost of excavation,base pre- paration and paving, and of installation of curbs and gutters. The remaining costs of all such improvements shall be paid by the pro- perty abutting such portion of said street and the owners thereof. (b) The remainder of the costs oi such improvements shali be assessed against the respective abutting properties and tne real and true owners thereof in accordance with the statutes of Texas and the Gharter 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 improvement. The amounts of such assessments shall constitute a first and prior lien upon all such properties and a personal liability of the true and real owners thereof, whether correctly named or not, and shall be payabie in installments as foliows: NJhen the improvements herein ordered for the street designated above and portions thereof have been com- pleted and accepted by the City of Paris, the amount oi the assess- ment against each property abutting thereon and thE real and true owner thereof shali be and become payable in five (5) equal annual installments, due respectively thirty (30) days after 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 paid at the rate of six per cent (6;~6) per annum, payable annually; provided, however that the ov+mer of any of said property shal:t 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 of such installments, to- gether with the interest accrued thereon to the date of payment. Further, if default be made in the payment of dny of the said in- stallments of principal or interest promptly as the same mature, then at the option of the City of Paris, the pntire amount of the assessment upon which default is made, together with reasonab?P attorney•s fees and all collection costs incurred, sha11 be and becomc immediately due and payable.