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Ord 587 6/29/1925 9 l Form 9 ( 1 of 4) rx ORDINANCE LEVYING ASSESSMENT FOR A PART OF THE COST OF IMPROVING A PORTION OF TRAVIS STREET IN THE CITY OF WICHITA FALLS, TEXAS, FIXING A CHARGE AND LIEN AGAINST ABUTTING POPERTY AND THE OWNERS THEREOF, PROVIDING FOR THE COL- LECTION OF SUCH ASSESSI','=I TS AND FOR THE ISSUANCE OF ASSIGNABLE CERTIFICATES. BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT WHEREAS, the Eoard of Aldermen of the City of Wichita Falls, Texas, has heretofore by resolution passed on the 20th day of April ,192 5 , ordered the im- provement o Travis Sheet in saiT-City from its inter- section with tie line of Eleventh Street to its intersection wit outh ra ert line o Seventeenth Street by raising, grading an fit ing same and installing concrete curbs and gutters and paving with 1-1/2 Sheep to Process on 3-'!/2 AsEhaltic conURT- -- --- _---- ----_-..__-_---_ oun ation; and contract for the mak- ing an construction of such improvements was let to Plains Pav- ing Company; and the Engineer filed with the City rollor state- ment showing 'deseription of the various parcels of abutting prop- erty, the amounts to be assessed against each parcel of property and showing other matters and things; and such roll or statement was examined and approved; and after due and proper notice, hearing was held and had; and by resolution passed on the 15th day of -��- -- -----4�--®--,-192 5 , all protests and objections were Overruled and the sai hearing closed, and WHEREAS all other matters and things nec- essary and prerequisite hereto have been done and performed; and the Board of Aldermen being of the opinion that the -apportionment of the costs hereinbelow made and set forth is in substantial pro- portion to the benefits to the• respect�ve parcels of abutting property in the enhanced value thereof by means of such improve- ments, and is in accordance with law and the proeeedings . of the City, and that the amount hereinbelow shown and assessed against such parcels of property do not in any case exceed the benefits to such property in the enhanced value thereof by means of such im- provements, and that the assessments so shown and made do not ex- ceed the proportions of costs properly chargeable to such property under the law and charter in force in this City: THEREFORE BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS' TEXAS, THAT: I. There shall be and is hereby levied and ass- essed against each parcel of property hereinbelow mentioned and against the owners thereof the sums of money below mentioned and itemized and the total amount set opposite the description of each parcel of property; the description of such property, the several amounts assessed against same, together with the total amount ass- essed, and the names of the owners of such property so far as known, being as follows d Form 9 (2 of 4) TT. The several sums above mentioned assessed against said parcels of property and the owners thereof, respective- ly together with interest thereon at the rate of eight (8%) per cent per annum, together with reasonable attorney' s fees and costs of collection, if incurred, are hereby declared to be and made a lien upon the respective parcels of property against which the same are assessed and a personal liability and charge against the real and true owners of such property, Whether such owners be nam- ed herein or not, and the said liens shall be and constitute a i'i•rst and enforceable claim against the property on iihich the ass- essment is levied, and shall be the first and paramount lien there- on, superior to all other liens and claims, --xcept state, county and municipal taxes, and the sums so assessed ahsil be. payable as follows, to-wit: In six equal. annual installments due res- pectively on or before thirty days, one, two, three, four and five years after the date of completion and acceptance by the City of said improvements, and the sums assessed shall bear interest from date of such completion .and acceptance and until paid at the rate above provided, payable annually with each installment, and provided that if default be made in the payment of any installment of principal or interest when due, the whole of the assessment upon which default is made shall, at the option of the Plains Paving Company or its assigns, be and become at once due and payable,. together with reasonable attorney' s fees and costs of collection, if incurred; and provided further that the owners of such property shall have the right to pay` any or all of the said installments before maturity at any time, by payment of principal and interest accrued to date of payment. The City of Michita Falls shall not bra- in, any manner liable for the payment of any sums assessed against any abutting property or any owner, but the said plains Paving Company and its assigns shall look solely to such owners for pay- ment of the sums assessed; but the City of Wichita Falls shall exercise all of its lawful powers to aid in the enforcement and collection of said liens and sums •and personal liabilities; and if default shall be made in the payment of any of said sums, collect- ion thereof shall be enforced either by sale of the property by the tax collector and assessor of the City of Wichita Falls, as near as possible in the manner provided for th.e sale of property for the non-payment of ad-valorem taxes, or, at the option of Plains Paving Company, or its assigns, the payment -of said sums and ';. said liens and liabilities shall be enforced in any court having jurisdiction. IV.. For the prupose of evidencing the several sums assessed against said parcels of abutting property andnthe owners thereof, and the time and terms of payment, and to aid in the enforcement thereof assignable certificates shall be issued by the City of Wichita Falls upon the completion and acceptance Of the work which certificates shall be c xecuted by the Mayor in the name of the City and attested by the City Clerk with the cor- porate seal, and shall be payable to Plains Paving Company, or its assi6gns, and shall decaLlre the said amounts, time and terms of payment, and the rate of interest and the date of completion Form 9 ( 3 of 4) and acceptance of the i:nprovamcnts, shall contain the name of the owner of property as acctrately as possible, shall contain a description of th ; property by lost and block number or front feet thereof, or such other description as may otherwise identify same; and if the property shall be owned by an estate, then the description thereof as so owned shall be sufficient, or, if the name of the owner be unknown, then to so state the fact shall be sufficient and no error or mistakein describing any property, or in givi-).g the name of any owner, shall invalidate or in any wise im1aair any certificate or any assessment levied by this ordinance . Said certificate shall provide substantially that iw th.e same shall not be paid prompltly upon maturity, -then they shall be collectible with reasonable attorney' s fens and coats of collection, if incurred, an6 shall also provide eubstan ai� c iounts evidenced 'i.creby may be ,)aid tb the Col-. ally that the lector of Taxes of thco City of 'Yichi t a. Falls, Tex^.:, who shall issue his roc: ipt therefor, �,,hich receipt shall be evidence of such payment upon any dcrivnd for same; and the Collector of Taxes shall deposit the sums so received by him forthwIth with the City Treasurer to be Dept and held by him in a sopara.te fund hereby designated as "PE113 'fspecial Certificate Fur-O.. Pao,,; and hon any payments a be m7_7 to the tax Collector upon such certificate, he shall upon presentation to him of the certificate by the contractor or other holder thereof, endorse said payment thereon; and the contractor or holder of such. cer- tificate shall be entitled to receive from the City Treasurer the amount paid, upon presenting to him such certificate so endorsed and credited by the holder with the amount paid; and such endorse- ment and credit shall be the Treasurer' s warrant for making such payment. Payments by the Treasurer shall also be receiptod for by the holder of such certificate in writing, and by the surrender thereof when the principal, together with accrued interest and all costs of collection and reasonable attorncy' s fees, if in- curred, have been paid in full, Said eertificates_i.shall further recite substantially that all proceedings with reference to making such improvements have been regularly had in compliance with law, and that all prerequisites to the fixing of the assessment lien against the property described in such certificates and the personal liab- ility of the owner have been: regularly done and performed, and such recitals shall be prima facie evidence of the facts so recit-ed and no further proof thereof shall be required in any courts Said certificates may have coupons attaci ed thereto in evidence of each or all of the several installments thereof, or may have coupons for each of the first five i-_astall- ments, leaving the main certificate to serve for the sixth in- stallment; which coupons shall be payable either to Plains PavinL Company or its assigns, or to Plains Paving Compa.:zy or bearer; and such coupons may be signed either with the or`, Cinal or with the fac-simile signatures of the Mayor and City Clerk. Said certificates s'-.all further recite that the City of Wichita Falls shall exercise all of its laiNful ;,owers when requested to do so by the holder thereof to aid. iln tl.-I ; collection thereof, and may contain recitals substantially i<� ac- cordance with the above and other additi.oizal recitals or ap_Dropriate thereto, and it shall not be '-_: cessary that t'_e recitals be in exact form set fortia, but tho substance thereof shall suffice. Farm 9 (4 of 4) V. Full power and levy re-assessments in any case, and to correct mistakes, errors, invalidities or ir- regularities, either in asscssraents or cottificgtes issued in evidence thereof, is in accordance with law, vested in the city. INTRODUCED AND PASSED on its first reading at a Regular Mce;ting of the Board of Aldermen on the 15th day of- June-----------------9192 5 . ATTEST: yayor 1 y C1 er. PASSED on its second reading at a Regular Mecting of the Board of Aldermen on the day of , 192 ATTEST: aayox City er PASSED ON ITS THIRD AND FINAL READING at a Regular Meeting of the Board of Aldermen on the day of ,192 ayor Attest: City Mork—