1434 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 ~or a portion of the costs of said improvements in the street and units therein set out, which are included in said ordinance enacted on November 11, 1957, and the assessments for the improvements in said units are in no wise related to, or connected with the improvements or assessments in any other of the streeta or units described in said ordinance; and in levying said assessments the amount so assessed for the im- provements in said units have been in no wise affected by any fact or thing in any way connected with the improvements or by the assessments therefor in any oth erof said units. The omission of the improvements in any of said streets or units as a whole shall in no wise affect nor impair the validsty 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 assess- ments, or againstwhich a valid property assessment cannot be levied, shall in no wise affect nm impair the val_idity of the assessments against the other propErties in such unit. SECTION 6. The costs of said improvemerts shall be paid as follows, to-wit: (a) The City shall pay all_ of the costs of drainage installa- tions, wherever located, if any, all the costs of excavation, base preparation and pavirg with.n street intersecti ons, and not less than one-third of the costs of excavation, base pre- paration and paving of all other portions of the street in- volved. In cases where the City Council may deem it just and proper, the City shall also pay a11 orany part of the amount of any credited adjustment which may be allowed in the assess- ment of abutting properties and the owner thereof, as herein provided, for the cost of excavation, base preparation and paving, and of installation of curbs and gutters, The re- maining costs of all such improvements shall be paid by the property abutting such portion of said street and the owners thereof. (b) The remainder of the costs of such improvements shal.l be assessed agaa.nst the respective abutting properties and the real and true owners thereof in accordance with the statutes of Texas and the Charter of the Cityc>f Paris herein referred to. Pdo assessment sha11 be made against any abutting property or the real and true owner thereo f for costs in excess of the benefits to such property in enhance value thereof by means of such improvement. The amourts of such assessmerfm shall con- stitute a first and prior lien upon all such properties and a personal liabil.ity of the real and true owners thereof, whether carrectly named or not, and shall be pa3ab1e in installments as fo1_1ows: When the improvements her ein ordered for the street designated above and portions thereof have been completed and accepted by the City of Paris, the amount af'the assessment against each property abutting thereon and the real and true owner thereof shall be and become payable in five (S) equal annual installments, due re:spectively 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 eacni_nstall_ment from said date of acceptance until paid at the rate of six Der cent (6';~) per annum, payable annually; provided, however tnat the owner of any of said property shall have the privilege of paying all or any of said instal_lments at any time beiore maturity thereof by paying the total_ amount of the principal of such installments, together with the interest accrued thereon to the date of payment. Further,if default be rlade in the paynlent of any of the said ins tallments of princi- pa1. or interest prornptly as the same rnature, then at the option of the City of Paris, the entire amount of the assessment upon which defaul_t is made, together with reasonable attorneyts feea and all collection costs incurred, shall be and become immediately due and pa,yable.