Res 1588 10/8/1974RESOLUTION NO. 1588
RESOLUTION ESTABLISHING POLICY CONCERNING
INSTALLMENT PAYMENTS BY ABUTTING PROPERTY
OWNERS OF ASSESSMENTS FOR CONSTRUCTION AND
RECONSTRUCTION OF STREET IMPROVEMENTS.
WHEREAS, heretofore, on projects on which all or part
of the cost of constructing and reconstructing paving, curbs,
gutters, sidewalks and other street improvements were assessed
against the owners of abutting properties, and such owners de-
sired to pay such assessments in installments, the City allowed
such payments in monthly installments over a period not exceed-
ing forth-eight (48) months after the acceptance of the improve-
ments by the City; and,
WHEREAS, the Board of Aldermen now deems it advisable and
in the best interest of the City that such period during which
such installment payments may be made should be lengthened to
ninety-six (96) months.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
HENCEFORTH, on any project on which all or part of the
cost of constructing or reconstructing street improvements is
assessed against the abutting property owners, such assessments
may be paid in monthly installments over a period not exceeding
ninety-six (96) months.
PASSED AND APPROVED THIS THE 8th DAY OF OCTOBER
1974 .
M A Y O
ATTEST:
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C I T Y C L E R K