Rocky Ford enterprise. (Rocky Ford, Colo.) 1887-1950, 1905-11-17

w Ntso
line 800 n. TO place Of begin
ming E. Observation-Disclosures. .easi.s:
Section 2. That said whole cost OF
raid Improvement. to-wit: the sum OF
$500 Dollars. DO and the same IN
hereby assessed upon and against NIL
the real estate In said District In nc
cordancc with the said apportionmcnt
set forth In the foregoing section. and
each and every lot and trnct Of land In
the said nrst section hereof specified
In hereby assessed with the amount OF
money respectively In said first section
hereof net forth ns tho share Of said
whole cost apporiioncd 10 said lot or
tract Of land.
Section :. Said assessments shall
be- due and payable within thirty days
of tho publication Of this ordinance
without demand. land II so paid nm nj.
lownncc Of nvc per cent will he made
A. hereinafter siaicd) provided TINT
said assessments may at the election
OF the owners OF the property assessed
be paid In instaiirnen's with interest
a. hereinafter provided. Failure to
pay the whole assessment within said
period Of thirty days shall be concius-
lively considered and held an election
on the part Of all persons interested
whether under disability or otherwise
tn pay In such instaiirncnis. an all per-
sons 70 cicctinR to ray In inssaiimcnts
shall be bound by the provisions Of
Section 20 Of said Act. In case OF such
election to pay In lnsialincnis the said
assessments shall he payable In fifteen
equal annual inssaiimcn,s. Of principal.
m. II pros;r., . ssass =. aa s'' and
payable on the % day Of Dec. A. D.
1919 and the remainder OF said install.
ments Of principal shall be due and
payable succesaiveiy on the aasne day
In each year thereafter until paid In
Full with intercst In all cases on the
y nsr.sss. "e, on *. ss"d day Of june
and the :snd day Of December In each
year at the rate Of nvc per cent per
annum. he hrst payment Of such intsr-
est % b made On the 22nd day Of
June, 1906. Failure 70 pay any INSTALL
ment. whether OF principal or interest
when due. shall cause the whole Of the
unpaid principal TO become due and
payable Immediately. and the whole
amount Of the unpaid principal and &C.
crued interest shall thereafter draw
interest at the rate Of on. per cent per
the day Of sale Of the property as
sessed A. In said Act provided. but at
any time prior 10 the day OF sale the
owner may pay the amount OF all un-
paid instailmcnts with interest at ono
per cent per month or fraction OF n
nOutu ana All pcnaItlcH accrued ana
shall thcrcupon be restored TO the right
thereafter to pay In instalimcnts In
the same manner an n default had not
been suffered. The owner Of any prop.
erty not In default as to any INSTALL
rnent or payment. may at any time pay
the whole Of the unpaid principal with
the interest accruIng TO the maturity
Of the next instailmcnt OF interest or
principal. Any owner may pay his full
assessment to the City Treasurer at
any time within thirty days OF the
passage Of this ordinance. and in such
case an allowance Of five per cent shall
be made on all such payments.
Section Z. All moneys collected
from said assessments for said Inn
provement shall be applied to. and the
same are hereby appropriated for. the
payment Of the bonds issued in respect
of said Improvement and interest
thereon. In accordance with the provis-
Ions Of said Act.
ROBERT NJ. POLLOCK. Mayor.
Attest: r L. McKELvEy.
Getty SeaD City Clerk.
introduced and read at a regular meeting
Of the City Council duly held on the s3rd day
Of October A. y 1906.
Published In full In the Rocky Ford Tribune
on the 18th day Of October A. d. 1906.
Passed and adopted on the 18th day of No
vemb-r A. d. 1906.
Authenticated. signed and approved this
18th dev of November A. D. 1876.
ATTEST.
r. l.. MCKELvEy. ROBERT 81. POLLOCK,
City Clerk Mayor and Presiding Of
Hcer Of the CITY Council.
Published after Its Hpai passage In the
Rocky Ford Enterprise on the 10th day Of