The daily sentinel., 1913-12-27

construct the improvements. tne
quality of work, the regularity OF
sufficiency of the proceedings or the
validity or correctness of the assess
ment-
Sec. 4. That in case of such cleo
tion to pay in installments, the as
sessments. shall be payable in ten
equal instailments of the principal,
with interest upon unpaid INSTALL
ments, payable semi-annually, at the
rate of six per cent per annum. The
first of said installments of said prin-
cipal shall be due on the twenty
eighth day of February, A. d. 1914,
and shall be payable on or before
said date, and the remainder of said
installments shall be due on the same
day of each year thereafter, and shall
be payable on or before the said day
in each year, until all OF said in
stallments are paid in full.
Sec. 8. That the failure to pay
any installment, whether of princi-
pal or interest as herein provided,
when due, shall cause the whole un-
paid principal to become due and
payable Immediately, and the whole
amount of the unpaid principal and
accrued interest shall thereafter
draw interest at the rate of one per
cent per month. or fraction OF
month, until the day of sale, as by
law provided. but at any time prior
TO the day OF sale the owner may pay
the amount of all delinquent Install
ments, with interest at one per cent
per month or fraction OF month as
aforesaid, and all penalties accrued,
and shall thereupon be restored to
the right thereafter to pay in Install
ments in the same manner as II de-
fault had not been suffered. The
owner of any piece of real estate not
in default as to any installments,
may at any time pay the whole OF
the unpaid principal with interest ac-
crued.
Sec. 6. That payment may be
made to the city treasurer at any
time within thirty days after the IL
nal publication of this ordinance, and
an allowance of the six per cent add
ed for cost of collection and other
incidentals. and of the interest from
date of payment to the twenty
eighth day of February, A. ID. 1914,
shall be made on all payments made
during said period of thirty days.
Sec. 7. That all the provisions of
Ordinance No. IT'S of the City OF
Grand Junction, adopted and approx
ed June IL, 1910, as amended by
Ordinance No. eos, as adopted and
approved March 4. 1918, shall gov
ern and be taken to be partof this
Ordinance with respect to the crea-
ton of said Sidewalk District No. L,
the construction of che improvements
therein. the apportionment and as
sessment of the cost thereof and the
collection of such assessment.
Sec. s. That this ordinance after
its introduction and first reading
shall be published once in full in The
Daily Sentinel, the official newspaper
of the City, at least ten days before
its final passage, and after its final
passage 1t shall again be published
once in The Daily Sentinel, the Off
cial newspaper of the City, and after
its final passage shall be numbered
and recorded in the city ordinance
record, and a certificate of such
adoption and publication shall be
authorized by the certificate OF the
publisher and the signatures of the
mayor and clerk, and shall be in full
force and effect on and after the date
of such final publication, except as
otherwise by the Charter of the City
of Grand junction provided.
Introduced and read at regular
adjourned meeting of the City Coun-
ell. held on the 18th day Of Decem-
ber. 1913.
Adopted and approved the 26th
day of December, 1913.
Authenticated and approved the
26th day of December, 1913.
CHAS. E. CHERRINGTON.
fSeal.) Mayor.
Attest:
CHARLES X HoLMBURG,
City Clerk.