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Section ihc costs of said iriprove:rents s1iall he
<br />paid as failovas, to-wit:
<br />(a) T'le Cit shall pay al7_ o~' t~~e c osts o_f
<br />draina4;e i_ns1ol.1ati..ons, w1he__rever located,
<br />if_ any, all t"-~e costs o:~" excavation, base
<br />p.reparatien utld pav>; ~~l- uit14ir street i:n-
<br />tersect-ions, a~11d no~ less t'-arL ore-tinird
<br />ojr _ ti"e costs of e:;cavat-J~or, base prepara-
<br />"ion and pAvin,_, ofi ull ot'r;Gr por-uions oE,
<br />'!,he street involved. in cases -vi:lere the
<br />Citv Council r~aIT reen: it jtzst and prober,
<br />the Cit~,r shall_ also pajT aJ_1 0r anYr part
<br />of tlie a:?ount o.f any c-recfiiteci ad justmerit
<br />;,,Thich rta~,T ',e a1?_o~~red in t,ile assessmen.t of
<br />a,bUtt1.1^g,, propert-es and tne owner thereof,
<br />as herei.n prov:iraed, for t{ e cost o~ ex-
<br />cavation, base prepara-U:Lon, and paving,,
<br />and of i_nsta? lation oi cL?.rz?s ai1c;. ;;utters.
<br />7;.e remainin;v costs oi all suci u_mprove-
<br />n;en.ts shall he paid c;=r the propert-T
<br />abutti.nU si.ic~l rort=~o:: of sa-_d street ar_d
<br />t ;-ie owners the:r•eof.
<br />e remain~.er c~_f the ^ r
<br />~'c~ ~,:r coats o-,.~' sucA~I ' ~..1prove-
<br />rrcent's sliall_ be assessed against the re-
<br />spec ti.ve abuttin" pronerties ar_d the real
<br />and true o:rners thereol in accoraan.ce viitn
<br />tne statutes of Texas and the C'Zarter or
<br />the C-1.tjr of Paris herein referred to. i;o
<br />assessment shall he rnade a,a1-nSv any
<br />a?:.uttin- nropert;,- or the real and true
<br />owner thereof for costs in excess of the
<br />benefit,s to such property 7n enha-ace value
<br />thereof by znear~s o:i such improvemen..t. TI~e
<br />amounts of such assessments shali colastitute
<br />a first and pri.or li.en upon all such pro-
<br />perties and a personal liabili~~,T of the
<br />true anu real o-vmers thereof, wn.ether
<br />correctly named or not, and sh311 be payable
<br />~n installments as foll ows: :lhen the im-
<br />proY,rerrients nerein ordered far the street
<br />desi-natea arove and por-ui.ons thereof have
<br />been completed and accepted by the City o?"
<br />j'aris, the anlount of the assessrrent against
<br />eac:l prapertv abuttinf,; tliereon and the real
<br />and true o~lrner t,hereof shall be an.d become
<br />payable in Llive (115) equal annual install-
<br />rnents, due respectively thirty (30) days
<br />after one (1), two (2), three (3), four (la.),
<br />and five (5) years .from the date of
<br />acceptance by the City, together with i.n-
<br />terest on each i_nstallment, from said date
<br />of acceptance unti1 paid at the rate of siy
<br />per cent (61/')) per annum, payable annualltir;
<br />provideci, however, that the owners o-L anY o~"
<br />s aiu property s: -ia1_1. have the privilege of
<br />pa-,rina all or any ox: sa-d installments at
<br />ai2S;' t7_Ii12 bef_ ore fl1atUx'1.t f t't18T'80:i '0iT F3y7,r1~
<br />the total ar~ount of the nrincipal of suchinstallments, together with the interest
<br />accrued tnereon to the date of payment.
<br />Fu.rther, if default be made in ti:ie pa,yment
<br />of an~r of said installr~lents of principal or
<br />in-4.erest promptly as the same mature, then
<br />at, t1he option of the Citv of Paris, the en-
<br />t? re amount oy' the assessment upon vJhi ch de-
<br />fuul t i_s Lnude, toZether with reasonable
<br />a-tornevts fees and all collection costs in-
<br />c urrecl, y sli-lall be and become i.mmediateltr due
<br />and paya'ole.
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