1493 ORD DECLARING NECESSITY FOR AND ORDERING IMPROVEMENT OF CERTAIN STREET AND PORTIONS THEREOF

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improvements herein ordered for the street designated above, and the portions thereofa ha.ve been completed and accepted by the City of Pa.ris, the amount of the assessment against each property abutting thereon, and the real and true owner thereof, sha.ll be and becorrie payable in five equal annual insta.llments, due respec- tively thirty days after one (1), two (2), three (3), four (4), and five (5) years from the date of accepta.nce by the City of Paris, together with interest on each in- sta.llment from said date at the rate of six per cent (61a) per annum, payable annually; provided, however that the owners of any of said properties shall 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 installmentsy together with the interest accrued thereon, to the date of payment. Further, if default is made in the payment of any of said installments of principal or interest, promptly as the same mature, then at the option of the City of Paris, the entire amount, together with reasona.ble attorney's fees and all collection costs incurred, shall be and become immediately due and payable. Section 6. The City Clerk is hereby directed to cause to be prepared a notice of the enactment of this ordinance and to file said notice among the Mortgage or Deed of Trust Records of said County. Passed and adopted by the City Council of the City of Paris, in regula.r session convened, this 12th day of October, A. D., 19590 f J yor Pro Tem ATTES'd': ~ City Clerk APPROYED AS TO FORM: -7:--~-~ ~ City Attorney. ;