The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-09-28

under the direction of the Street Commit
tee Of the Town of Punta Gorda, Florida,
which committee shall see that the prop
er grades are established, perfect uni
formity is had and the work done in a
substantial manner; and of substantial
KIND and quality OF material, ana sald
Street Committee may with the approval
of the Council appoint an Inspector TO
report thereon to the Town Council as
often as may be required.
Sec. 5. That in case the owner or
owners of the lots, pieces or parcels OF
land so fronting and abutting on the
North side of Marian avenue as mention,
ed in Section / of this ordinance shall
fail to comply with any of the proyis-
ions of this ordinance within the time
prescribed herein. the Council OF the
Town of Punta Gorda may Immediately
make an assessment for Municipal I'M
provements of sidewalks upon all and
singular the lots, parcels or pieces OF
land fronting or abutting on the North
side of Marian avenue mentioned In
Section 1 of this ordinance, the owner
or owners of which had failed TO comply
herewith and may call Tor plds Tor the
construction of said sidewalks and let
the contract to the lowest responsible
contractor or bidder, and shall issue
certificates of Indebtedness for the
amount so assessed against the aouttlng
property or properties benefited, separ-
ate certificates to be issued against each
lot parcel or piece of land assessed in
the manner and under the provision OF
Chapter 6864 of the General Acts OF the
Legislature of the State OF Florida Tor the
year 1915, and said certincate Wneh Is
sued may be sold or disposed of by the
Council in payment for said work or inn
proyement or for cash at the discretion
of the Council, and all certihcates OF IN
debtedness constituting a nen upon prop
erty shall be payable at the office OF the
Town Treasury and said Council may at
its option deposit said certificates of in
debtedness with the Town treasurer ana
create an Improvement Fund ana may
Immediately issue and sell ponos TO De
designated Improvement Bonds, as pro-
vided for in Chapter 1854 Laws of Flori-
da; provided however that the amount
of Improvement Bonds that may pc is
sued shall not be in excess OF the ageIe-
gate amount of the certificates OF m
debtedness. and said certificates OF IN
debte dness shall be payable IN ten years
after date in equal installments WIN IN
terest at the rate of per cent, ana the
proceeds of said certificates or mems
when paid shall be applied exclusively
to the payment and retirement OF sald
certificates or bonds If same shall be is
sued thereon, when the same SHAH ma
ture. and the amount of such assessment
or of each separate certificate of indebt-
edness shall be a lien upon the lots
pieces or parcels of land fronting or
abutting on the streets and avenues
mentioned in Section l hereof, Whlch leh
with interest thereon by the owner OF
said lot, piece or parcel of land, and in
case payment is not made at maturity
said lien may be enforced by a suit at
law or in equity, and if so enforced a
reasonable attorney fee may be allowed
Provided, all owners Of property az
fected by this ordinance shall have the
right to pay in full for said Improvement
at any time, and when said payment is
made all evidence of Indebtedness
against their property shall be Cancelled.
Should bonds be issued on said GER
they shall not bear greater
rate of interest than six per cent. to be
paid annually in equal installments run
ming through a period of ten years.
Sec 6. All ordinances or parts OF or
dinances in conflict herewith are hereby
repealed, and this ordinance shall take
effect upon it's passage and approval by
the mayor and legal publication.
Ordered and enacted into law by the
Council of the Town of Punta Gorda,
Florida. on this the 18th day of Septem-
Der, 1916. SF.JTRABUE,
Attest: President of Town
l.. E. ROBINSON, Council
Tewn Clerk. t-oct- 30
Approved on this the 18th day of Sep
tember 1916.
f. w. SMITH, Mayer.