The daily sentinel., 1913-12-18

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NOW THEREFORE. BE IT Or
DAISED BY THE CITY COUNCIL
OF The CITY OF GRAND JUNG
TToN.
Section l. That the said whole
cost and apportionmenr OF the same
as hereinbefore set forth. Is hereby
approved and 4 share of said cost IS
hereby assessed TO and upon each lot
or tract OF land within said District
and against such persons and real es-
tate, as hereinbefore set forth. and in
the proportions and amounts which
are severaIy hereinhefo set forth
and described
Sec = That said assess ments are
hereby declared to be 4 lien in the
several amounts herein assessed
against each lot or tract OF land or
other real estate herein described
within said district and within the
limits OF the City OF Grand June
ton, from the final publication Of
this ordinance. and shall have prior
ity over all other liens except gen
eral taxes
Sec ,. That said assessments
shall be due and payable within 30
days ot the final publication Of this
ordinance without demand. provided.
that al such assessments may at the
election OF the owner be paid in in
stallments with interest as hereinaf-
ter provided. Failure to pay the
whole assessment within said period
OF thirty (30l days. shall be con-
elusively considered and held an cleo
tion on the part of all persons in
terested. whether under disability or
otherwise. to pay in such INSTALL
ments- All persons so eIectfng to pay
in installments shall be conciusively
considered and held as eonsenting to
said improvements and such election
shall be conclusively held and con-
stdered as a waiver OF any and all
rights to question the power and ju-
risdietion of the city to construct the
the regularity or sufficiency OF the
proceedings or the validity or cor
rsetness OF the assessment
Sec. T. That in case of such cleo
ton to pay in instaIlments, the as
sessments shall be payable in ten
equal annual installments OF the
principal. with interest upon unpaid
instalinents, payable semi-annuaIly
at the rate of six per cent per annum.
The first of said instalIments of said
principal 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
instalIments shall De 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 installments are paid in full.
Sec ;. That the failure to pay any
installment, whether of principal or
interest as herein provided, when
due. shall cause the whole unpaid
principal to become due and payable
Immediately, and the whole amount
of the unpaid principal and accrued
interest shall thereafter draw inter-
est at the rate of one per cent per
month. OF fraction of a 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 installments.. with
interest at one per cent per month
or fraction OF a month as aforesaid.
and all penalties accrued. and shall
thereupon be restored to the right
thereafter to pay in installments in
the same manner as IL default had
not been suffered. The owner of any
piece of real estate not in default as
to any installment, may at any time
pay the whole of the unpaid princi-
pal. with interest accrued.
Sec. 6. That payment may be
made to the city treasurer at any
time within thirty days after the fl
nal publication of this ordinance. and
an allowance OF the six per cent add
ed for cost of collection and other in
cidentaIs, and of the interest from
the date of payment to the twenty
eighth day of February. A d. 1914.
shall be made on all payments made
during said period of thirty days
Sec. Z. That all provisions of
ordinance No. IT'S of the City of
Grand Junction. adopted and ap-
proved June 11th, 1910. shall govern
and be taken to be a part of this
ordinance with respect to the crea-
tion of said Paving District No. 3. the
construction of the improvements
therein, the apportionment and as
sessment of the cost thereof and the
collection of such assessment
Passed and adopted the
day of December, 1918.
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