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Res 362 7/27/1959RESOLUTION No. A RESOLUTION DECLARING THE NECESSITY OF IMPROVING THE FOLLOWING STREET WITHIN THE CITY OF WICHITA FALLS, TEXAS, TOWIT : GRACE STREET FROM THE SOUTH PROPERTY LINE. OF TENTH STREET TO THE NORTH PROPERTY LINE OF ELEVENTH STREET; STATING THE NATURE OF. SUCH IMPROVEMENTS, DIRECTING THE CITY MANAGER TO. HAVE. PREPARED PLANS AND SPECIFICATIONS AND ESTIMATES OF THE COST OF SUCH IMPROVEMENTS AND SETTING OUT THE MANNER IN WHICH SUCH IMPROVEMENTS ARE TO BE. PAID FOR. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, . TEXAS: THAT a public necessity exists for the improving of the following public property and streets in the City of Wichita Falls , Texas , as hereinafter provided : Grace Street from the South property line of Tenth 10th) Street , to the North property line of Eleventh 11th) Street; said portion of said street shall be improved by raising, grading and by installing cement concrete curbs and gutter and storm sewers and drains where necessary , and by paving with one or more of the following types of materials , to-wit : One and one-half inch (1*" ) Hot Mix Asphaltic concrete on six inch (6" ) flexible base. The City Manager is hereby directed to have plans and speci- fications prepared for such improvements. The City Manager is hereby directed to have estimates of cost of such improvements before the hearing relative hereto is held and before any of such improvements are actually constructed . Payment for such improvements shall be made in the following manner : The abutting property and owners thereof shall pay and shall be assessed for all the cost of constructing curbs and gutters in front of such respective property and a part of the remaining cost of such improvements, provided that such part of the costs assessed to the abutting property or the owners thereof shall in no case exceed 90% of the cost of the improvements plus the cost of the curb and gutter , it being herein set forth that this resolution is intended to include all their rights , powers and privileges allowed a city under the pro- visions of Article 1105-B, Vernon's Civil Statutes of Texas , and in cases where it is not satisfactorily shown to the Board of Aldermen of the City of Wichita Falls, Texas , that it will be inequitable to do so, the proportionate share of each property , or the owners thereof, shall be assessed and borne on the Front Foot Basis , and in any case where the Board of Aldermen of the City of Wichita Falls, Texas , shall find that such plan or basis would result in injustice or inequality the said Board of Aldermen shall apportion and assess such costs in such proportion and in the manner as it may deem just and equitable, having in view the special benefits in enhancedvalue to be received by such parcels of property and the owners thereof, the equities of such owners and the adjustments of such apportionment so as to produce a substantial equality of benefits received and burdens imposed. 1 - The remaining cost of said improvements against the abutting property and owners thereof shall be paid by the City ofWichitaFalls. The amounts to be assessed against and to be paid abutting property and the owners thereof in each unit shall be payable in five (5) equal installments , due as follows : First installment shall be due and payable within ten days from and after the completion of the work and acceptance of same by the city , and the remainder shall be paid 1, 2, 3 and 4 years from the date of the completion of the work and acceptance of the same by the City of the improvements in the unit upon which the property abuts, and shall bear interest from the date of such com- pletion and acceptance until paid at the rate of six (6%) per cent per annum, payable annually, with provision that if default be made in the payment of any installment promptly as the same matures, then at the option of the holder of any such assessment or certificate issued in evidence thereof such default shall mature the entire assessment upon which same is made. Assessments made and levied shall be a first and prior lied and personal liability for principal, interest , reasonable attorney 's fees and costs of collection, if any incurred , on the property assessed , superior to all other liens and claims, except State, County , School District and City Ad Valorem Taxes , and shall be a personal liability and charge against said owners of the property assessed . This resolution shall become effective immediately upon its passage. PASSFn AND APPROVED this 27thday of July , 1959. t4t 411, ATT • 0r Geo . Hens er s on, i x er Prepared by : rank Gibson, City Attorney 2 -