The Cairo bulletin., 1907-09-18


said Poplar street rom the said eAsk
line Of Washington avenus N saSf
center line OF Twcnty-eighth street
according 10 the special benehfS AZ
cruing or to accrue to the several lots
parts OF lots, tracts and parcels ~
land fronting or AUDITING upon or con.
tiguous to the said Improvement, I'M
Guiding the property of the said Cairo
Electric and Traction Company, as
above described; but no special tax
shall be levied or assessed upon any
or the said property to pay for said
local Improvement In any amount In
excess OF the special benefits which
such property shall receive from such
/; improvement, and no lot, block. tract
or parcel OF land or other property
shall be assessed more than its prO-
lportlonate share OF the cost 0f the
lsaid Improvement. And II shall be
the duty or the person making TIA
assessment to apportion and assess
the said sum OF $60,S59.90 upon the
said property, as above described, IN
the proportion In which the same Will
be severally specially benefited Dy
the said Improvement
4 Should the said Cairo Electric and
Traction Company remove IT'S street
car tracks from all that part of Pop
lar street which lies south of Tween
tieth street before the assessment
herein provided for has been made.
then the assessment to Or against the
said company shall be confined to its
right of way, street car track OF
! tracks, franchise and interest upon
n and In the said Poplar street from
the center line of the said Twentieth
street TO the said center line of TwenF
lty-eighth street and to the lots and
property fronting on the said Poplar
street, between the two streets just
mentioned, shall be given the benefit
OF the assessment against the said last
mentioned property of the said Traa.
ltion company Should the track on
tracks below or south OF the said
twentieth street not be removed AZ
Iaforesaid and the same should be as.
sessed as above said Twentieth street,
the benefit of the assessment of the
said track or tracks or street railway
property should be given to the all.
jacent lots or property throughout the
whole length Of the said streat car
line on the said Poplar street from
said east line of Washington avenue
to the center line Of the said Twenty.
leiehth street.
Section &C. 1t shall he the duty of
Cairo to prepare and file petition
either in the circuit court 81 Iii tue
county court Of the County Of Alex.
: ander, State of Illinois. In the name
of the City OF Cairo, praying that
: steps be taken to levy special tax
, for said Improvement in accordance
with the provisions OF this ordinance
and the terms and provisions of All
Act of the General Assembly. 0f the
State of Illinois. entitled. "An Act
Concerning Local improvements, APP
! proved June Ia, 1897. and all acts
: amendatory thereof.
III Section y. That the aggregate
amount OF the special taxes IsereiiI
Z levied and ordered to b. assessed aud
: collected and also each individual
= special tax, shall be divided into Cen
Z (10) installments: and In the making.
5 of the division and In all other mat
1 tiers and things in anywfse pertaining
! thereto, the terms and provisions cf
: the said act OF June IA. 1897. and all
acts amendatory thereof, shall be
= carefully observed and followed.
u Section 49, And for the purpose OF
anticipating the collection of the sec.
4 ond and succeeding instaIments OF
= the said special tax for the said local
improvement, bonds shall be issued
2 payable out of said installments. bear
Z ing interest at the rate OF Ave (5) per
cent per annum, payable annually. and
= signed by the Mayor OF the City and
attested by the City Clerk of the City.
under its corporate seal: The said
bonds shall be issued In accordance
with and shall in all respects conform
= to the terms and provisions OF the said
: act of June II, 1897, and all acts
= amendatory thereof; but no bond or
bonds, in any series. shall become due
: or payable later than the first day OF
9 October next succeeding the Jrnnary
= In which the instaIIurent against
, which said series is issued shall b..
y come due and payable.
= Section 90. All matters and things
whatsoever relating In anywise To tho
= sHid Improvement or the payment
= therefor or the preparation AMI
issuance of the said bends shall
conform to the terms and provisions
u of the said act of June II. 1897. AMI
all acts amendatory thereof.
= Section 80 -Four ca per cent of
d the special taxes collected under and
" by virtue of this ordinance shall be
:, applied toward the payment OF the
~ cost and expenses Of making the as
?. sessment of the said special taxes and
~ the collection of the same.
= Section 81. All owners or occt-
u pants of real estate touching or abut-
y ting upon or contiguous to the said
u street along the line of said proposed
" Improvement and an other persons or
~ cornor,tfions are hereby REQUIRED 10