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Res 1824 7/6/1976RESOLUTION NO. /12 RESOLUTION AMENDING PAVING ASSESSMENT POLICY ADOPTED BY RESOLUTION NO. 1656 BY CHANGING THE RATE TO BE ASSESSED AGAINST ABUTTING PROPERTIES, AND REAFFIRMING THE POLICY. WHEREAS, .by Resolution No. 1656, the Board of Aldermen adopted. a policy for assessments against abutting properties for the 1975 Assessment Paving Program; and, WHEREAS , increases in bid prices for 1976 paving programs have indicated that revisions need to be made to the assessment rates estab- lished by this -policy in paragraphs (a) and (b) of subsection 1 of Section II . NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1 . The policy previously adopted by Resolution No. 1656 is hereby amended so that paragraphs (a) and (b) of subsection 1 of Section II shall read as follows : a) Assessment cost for property with frontage on the pro- posed improvements be at a rate not to exceed $ /®. ° per front foot. b) The assessment rate for property abutting the side of the street being improved shall be at a rate not to exceed $ % p°per linear foot." SECTION II . Such policy, as amended herein , shall apply to the 1976 Community Development Assessment Paving Program, and to all other future paving programs approved by the Board of Aldermen in which part of the cost of the improvements is assessed against the abutting properties. PASSED AND APPROVED THIS THE 6TH DAY OF JULY, 1976. 749,2_ MAYOR ATTEST: 5 I. City Clerk 74