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CCR1970182USOLuTIOi\: d 132-70 ~:LiOLWIOi..~ UVYIIIG SPCCIAL ASSESS,AL.TS (Northwest District, P-6 Assessaent District, Area 1) :::-LELWEAS, the Comnon Councii has made a determination of the total cost of construction of a sanitary sewer collection system xith- in the City, and of the anount to be paid in respect to the real tate within the City benefited thereby, all in accordance with pro- qedin, "s duly had pursuant to law. ?C, , .L...!" ,c- -.- I .dG..k , B!i IT :iESC.LVXI): 1. The special assesstlent schedule rvlxich is filed with the City Clerk as part 05 the ,:eport of the City Engineer relating to special assessments for the construction of a sanitary sev?er collection system within said City, which .:eport vas adopted as the ?.eport of the Comon Council, is hereby inade a part hereof as though fully set forth herein, and, for the purpose of paying a portion of the cost of constructing and installing the sanitary sewer collection systes~ vithin the City, there is hereby levied and assessed against each of said the description of said respective lots and parcels of land lots and parcels of land the respective amount set opposite in said assessment schedule. 2. The properties listed in the assessment schedule and aGainst *:fhich the assessnents are hereby inade are hereby declared bene-. fited by said inprovexent:, the assessment beinc on a rcasonabl. basis and not to exceed, zn the aggregate, the average cost of installation of an 8-inch agnitary sewer having an average depth of 10 feet. 3. Said assessments nay be paid in PO annual ~qaal''iaPtel1- rnents, the first installnent shall be due on the 28th day of February, 1971, and subsequent installnents annually thereafter assessment shall be charged. The first installment due shall Interest at the rate of 8 per cent per annum on the entire inaude interest on the entire assessnent froa the -;day of e I hstallnenfs shall include one year's interest upon the unpaid , 1970, to the 31st day of Uecenber, 1970=bsequer, balance of the assessment. 4. The City Clerk is hereby directed to Give notice of this installment assessiaent in the Zorn attached hereto as Sxhibit "A" by publication of a copy thereof in the Tri-Town Hub, the official Lity newspaper which is likely to $ve notice to the ested person vhose post office address is known, or can VJith persons affected, and by nailing a copy thereof to every inter-. reasonable dilizence be ascertained. nents shall be made shall file 16th the City Cler!c, within 30 5. In all cases where ovmers of property against whoa assess- days fron the date of the aforesaid notice, a written notice that they elect to pay the special assessments upon their payable in installments shall not be made against said property property on or before November 1, 1970, special assessnents of such ovmers. and such owners shall pay the entire a~sessmenl: I 1 1) in full. -. on or before doveclber 1, 1370, but fails to do so, the entire 6. In the event a person so elects to pay such assessiaent aiaount of ouch assessnent. together with interest thereon Eroia ’‘///7 ,1070 to December 31, 1970, at the rate 0: me year 1970 and collected as are other taxes 05 the City, 3 per ccnt per annul?, shall be entered in the tax roll on a ten year installnent basis. 7. After the time for making such election shall have expired, such assessclent shall be due and payable in installixnts as only upon the payncnt 02 interest to date of prepayecnt upon aforesaid, but any assessment ::lay be paid in full before due such asoess:,lent, plus one year’s interest on the then unpaid principal al:lount 02 such assessxent. 0 Passed and adopted this 7 day of , 1970.