Laserfiche WebLink
until paid, at the rate of six per cent (6%) per annum, <br />payable annually; provfled, however, that the owners of <br />any of said property shall have the privilege of paying <br />all or any of said installments et any time before <br />maturity thereof, by paying the total amount of the <br />principal of such installments, together with the in- <br />terest accrued thereon to the date of payment. Fur- <br />ther, if default be made in the payment of any of said <br />installments of principal or interest promptly as the <br />same mature, then at the option of the City of Paris, <br />the entire amount, together with reasonable attorney's <br />fees and all collection costs incurred, shall be and <br />become imoaediately due and payable. <br />Section 6. The City Manager of the City of Paris is hereby authorized <br />and directed to secure and obtain any security, lien, or document desired in <br />addition to the paving assessments and certifioates authorized by law to secure <br />ttte payment of the respective property owner's part of the costs and improve- <br />ments, and if he shall be unable to obtain reasonable satisfactory security as <br />to any abutting property or owner, the whole city block to which the frontage <br />of any such prnperty or properties belong may be by him deleted from the con- <br />struction contract and the lien upon the properties abutting any such city <br />block and portion of said construction project fixed by the filing of notice <br />of the enactment of this ordinance will be released. <br />Section 7. The City Clerk is hereby directed to cause b be prepared <br />a notice of enactment of this ordinance and to file said notice with the <br />County Clerk of Lamar County, Texasv among the Mortgage or Deed of Trust <br />Records of said Cownty. <br />Passed and adopted by the City Council of the City of Parisp in <br />regular session convenedp on this 8th day of September, A. D., 1958. <br />Mayor <br />ATTESTs <br />, <br /> <br />City Clerk <br />APPROVED AS TO FORM: <br />~ - <br />City Attorneyf/ <br />