The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1894-07-04

unless in the meantime the aforesaid NOD,
iority OF the liueal feet of properly IN Ia ID
line OF the Improvement file with fbc cleTI
of such board or body the amount of ,nGn
already incurred or spent for advertisine, foS
proposals or bids, together with a petitinn W
writing, requesting such board or bod, ~ ~
to award such contract, but reuuestfn n ~
advertisement, whereupon such hoard ~.
body shall readvertiSe Tor bids or proposalS
. And he ii enacted Tint the only cosf Or
any Improvement as aforesaid which can he
assessed upon the properly shall be the act
ual amount paid 10 the contractor for H.
materials furnished work done and Insn,,
ton fees; the cost of advertising lie mi a.
glneering and assessment fees shall bn noi5
BY the city 10y general tax, aud that the law
officer or officers, engineer or eugineerin,,
bureau, the board or body assessing properfy
for annual taxes now receiving an annual
salary in any city shall perform the LEGAL
engineering and assessment work herelnbp
fore and hereinafter provided in this act
without any additional compensation
g. And be it enacted That upon The com
plefion of the work done by contract ms here
in provided the engineer or engfueer1np
bureau of the city shall tile as al ement show
ing the exact amount ordered paid TO tho
contractor for materials furnished work
done and inspection fees with the board Or
body in any city authorized to make the an
ntlal assessments for taxes, which board shall
proceed 10 apportion such total cost upon
the total amount Of lineal feet fronting I'M
on the Improvement so haf the whole linpal
I feet is charged with the total cost and each
lineal foot is charged with an amounf equal
20 every other lineal foot, which apportion-
ment shall have the Free aud effect of an
/ assessment and be binding aud chargeabIe nc
| a first and paramount lien upon the property
! affected, and Sueh board or body shall divide
| the total amount SO appOrtioned TO each
property owner fronting upon the improve
! ment into five equal parts, whereupon such
! board shall confirm such assessment and an
! portionment, naming the date when the same
was made, and file the safe, as record of
| lien against the property SO apportioned and
/ assessed with the official receiving annual
| taxes
/ of tae assessments and apportionment as
| herein provided, the property owners, sue
cessors, heirs or assigns, shall have years
| from the date when Uhe annual tax is pay
| aOle next after the making OF the aforesaid
| assessment and apportIonlnent in which to
pay for such Improvement the amount as
| sesSed or appOrtiOned against each piece of
property shall bear interest at the rate of
seven per centum per annum from the date
of confirmation, and that the payments shall
be made in five annual 1nStallmentS; the
first instailment is to be payable when the
annual tax is payable next after the making
OF the aforesaid assessment and apportion-
ment and each installment thereafter shall
be payable on and after the date of payment
of annual taxes of each year in any city
wherein tn installment is payable. and the
property owner shall at any time after the
aforesaid confirmation have the right TO pay
the whole amount assessed and apportiuned
against such property owners property
|
confirmation to date of payment; all pay
ments herein provided Tor shall be paid to
the official authorized to receive the pay
ment OF annual taxes.
). And be il enacted, That she ofi1a re
ceIying annual takes shall not be permit TED
to receive or receipt for annual taxes against
any properly on which an assessment and
apporti lnment have been made us herein pro
vlded. unless at the same time payment Il
made for the annual installment and inter
est as herein provided.
Mud
B against which each tnstallment is aPpor
toned as aforesaid shall be subject to thu
laws now in force Tor the eollectio ion OF as
sPssments and taxes and ali such assess
: ments apportionment and 1nstallment
; shall be enforced and collecte in the man
, ner now or hereinafter provided by law To-
l the collection of taxes and assessments il
such city, and i, shall be lawful FOR the com
mon council or other governing body o
such city to provide by ordinance on resoiu
ton for such enforcement ana coliectloh Ii
accordance with the provisions OF this ac
and the laws of this state.
T. And be it enacted. That to provide tn
money for the materials furnished worl
done and inspection fees contracted for b.
virtue of the provisions of this act any cit
ordering such Improvement shall be author
lied To issue to the contractor Improvement
| certificates, to bear interest at u rate not eX
ceeding five per centum per annum, payabl
at he option of the city and within SIX year
from date.
S. And he it enacted, That the fiscal officer
! of any city wherein any Improvement /
made as herein provided, snail Keep IN tnel
written and published accounts separat
account of the Improvement certificates Is
sued under the provisions OF this act, whlel
accounts shall be styled six year improve
ment certificates" and under such head Shal
be shown the total issue oil such certlhcate
, for each separate Improvement, ana the dat
and amount of payment on account.
o. And ne il enacted Tnat in order to tax
advantage of the provisions of this act an
: put and keep the same in operation in an
city such board or body ordering the con
aA rlasnl1
luton duly certified, together with an item
I lied statement of the cost of advertising Il
u herein provided, and any and all costs no
herein provided and which are necessary I
: carry out the provisions OF THIS act ana ais
: Il statement of the costs OF continuing an
= improvement in or across any street lnlei
= sections, if such continuation is necessary I
= carry into full effect any Improvement Wnic
= may be entered into by virtue OF the proNi'
: ions of this act, provided such work is don
: at the rates of the contracJ price paid Tor In
> improvement as heretofore provided, an
shall forward such resolution or Statemen
: TO the finance board or other body in sue
: city having the control of finances and IN
\ control of making of appropriations, an
u such last-named board or body are author
= | lied to borrow such sums of money so cert
q fed rs aforesaid in anticipation OF taxes t
! be thereafter levied, and to issue evidence
n of Indebtedness therefor AT rate of intereS
= not exceeding five per centum per aunum
" provided, that any money borrowed as afort
- said shall be met and paid 10y an approprli
| ton in the tax levy next thereafter TO /
il levied in any such city
- 10. And be IT enacted. That this act shall
y | take place immediately
y Approved May 9, 1894.