New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-08-05


such right of way under pre-ex,stinp
laws or ordinances then, whenever the
residue of the roadway shall be ordered
paved or repaved, the Board o. Trus.ees
1fPay order to pave or to repave its right
VI way and may fix the time within
which said paving or reyawing shall be
completed, and the material of which
1t shall be composed and the specifica
tons under which it shall be laid, and
such grantee shall comply with the re-
quirements in that behalf of the Board
of Trustees
! In any case of paving, whether of
1oadways or of sidewalks herein pro-
vlded tor, on which abuts public land
lngs or levees or public property, except
such portions of the streets or such
strips of land known as center strips,
neutral grounds, esplanades, or paom-
lnades, the City of New Iberia, shall,
with the exception stated, assume the
obligation herein prescribed for owners
OF abutting real property to the extent
Of such abutting public landings, levees,
and public property; and except to the
extent herein stated, no provisions
herein referring to the obligation of the
owners of abutting real property shall
be construed as applying to the City of
New Iberia, as an owner of AUDITING
real property.
Sec. 6. Be it further ordained, etc,
That the assessment of the cost of paw
ing and repaving streets, and the terms
of payment thereof shall be subject to
the provisions of this section.
power and it shall be its duty to levy
and collect. in the manner hereinafter
prescribed, special assessment against
property owners for their cost of paving
and repairing unpaved streets, or por-
lions thereof, as hereintofore provided
The payment of the cost of original
paving of roadways and of the cost of
repaving of roadways shall not be re-
Quired to be made in less than ten (1O)
equal annual installments
The payment of the cost of original
paving of sidewalks or banquettes and
the cost of repaving of sidewalks or ban
quettes shall not be required to be made
in less than three 81 equal annual in
stallment-
In all cases (5) per cent per annum
interest shall be paid on all deferred
payments, such interest to accrue from
the date when the contract of the work
or the earliest contract for any part
of the work shall have been signed.
Property owners shall have the right
at any time during the period of Their
Indebtedness to pay the whole amount
of the cost of paving and repaving as
sessed against them, together with ii.
terest as follows: If such payment.
shall be made on or before October
18th, in any year, the property owner
snail pay interest upon all the unpaid
assessments to and including the 3lxt
day of December next insuring; if suc1
payment, however, shall be made subse
quent to the 18th day of October in any
year, the property owner shall pay in
terest upon all of the unpaid assessments
to the 31st day of December of the year
following the year in which such pay
ments is made.
Failure to pay any installment shall
have the effect of maturing al unpaid
installments, and the hereinafter pro
vided lien on the property may then be
enforced for the entire amount then due !
by such property.
4 Sec. Z. Be it further ordained, etc,
vt the following method shall govern ;
y{he collection and disbursement Of mon
'eys, both principa land interest, in con-
.neetion with the paving and repair of
streets as hereintofore set forth.
All bids for the paving and repairing
rived from the sale of the hereinafter
described certificates issued against any
one year. shall be made and submitted
to the Board of Trustees during the pro-
ceeding year. and by not later tnan
September LIST, Of that year..
BY not later than November LIST, of
each year, the Trustee of Public Safety
shall furnish the Board Of Trustees, and
Trustee Of Finance an estimate of the
cost of the paving and repair of the
streets to be executed during the sue
ceding years. This estimate shall en-
brace the names of all property owners
to be assessed and brief description of
each property for the purpose Of identi-
fieation.
Ate. the receipt of said estimate of
cost the Board of Trustees shall by ordi
nance authorize the issuance Of certif-
Gates to IN amount equal to said esti-
mate of cost, and shall direct the TITUS .
tee of Finance to advertise and sell said q
by seal proposals, to the !
highest bidder. I
The Board of Trustees when it de- i
Eermines the total amount Of paving
certificates it proposes to issue to pay q
he cost of any years paving, as last Z
herein above provided, may sell and de- {
liver at one time to one, or to more t
han one bidder the entire amount Of
paving certificates so authorized, OF in +
Is discretion. may offer, sell and de- e
liver them in convenient installmeut Q
rom time to time as the Board of Trus- L
ees may then or may thereafter desig a
late. The Board of Trustees shall have il
he right to reject any and all bids. o
Such certificates shall be neatly en- n
,raved or printed and numbered. and c
untitled Paving Certificates" of the S
lily of New iberia. They shall snow a
N their face the year of their issue,
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