The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-10-12

rrasor;had herein. the Councll OF tne
| l n 49, 70 uunta Gorda may lmuleuidteIy
r,on,n o. assessment for Munlclpdi IN IN
| movements Of sidewalks upon ties Of
| singular the lots, parcels or .a North
land fronting or a apenue mentioned in
Saction of this ordinance, the oMnTI,
or owners of which had failed 10 eoiii ~ .
herewith and may call ior piuS IA lei
construction of said Sldewaih rsesnonsible
Contractor or bidder, and shail iss SUE
cartjecates of indebtedness I0I my
amount so assessed against tne "O sa,,ar9
pronerty or properties benellteu, apacb
ate certificates to be lssueu az aSssaSsed i'm
LOT. parcel or piece of lana ass ,.isier Of
The manners and under the provision ol
Chantar 1894 of the General ACts " ~ ~
legislature of the State OF rlolluet, is
wear 1915. and said certlhcate WIZ Zen the
sued may be sold OF uis spid work or i'm
Council in payment for salu Wo5 siho W
1ro,yan,ant or for cash at the olscIetiio"
az the Council, and all ceruhcales Va -
debtedness constituting ileh G gpo' q g az
erty shall be payable at the oIiiTuI ,oay Of
Town Treasury, and SAID Couhcll ii 20 10
its ontion deposit said certificates Oh III
dahtadness with the Town treasurer anu
create an Improvement Fund anu may
Immediately issue and sell p0hus ~ 80
designated Improvement Poiiuo' % Eiori.
vided for in Chapter 1854 Laws OF rloiI
do. nrovided. however, that the aInouiil
Of Improvement Bonds that may pe 10
sued shall not be in excess Vi lhS "Sei
gate amount of the ceruncates VI
dehtedness and said certificates Oh III
debte dness shall be payable in ten years
after date in equal installments WIN IN
terest at the rate of 8 per cent anu tne
proceeds of said ceruhcateS VI i
when paid shall be applied exclusls ei
to the payment ana u Fe sane shall be is
sued thereon, when the same shaH ma
ture and the amount OF such assessment
or OF each separate certlhcate Oh Liu ~
edness shall be lien upon lnS io.S,
pieces or parcels Of land fronting OF
abutting on the streets and avenues
mentioned in Section l hereof, when men
shall not be discharged until fully palu
with interest thereon by the owner ol
said lot, piece or parcel OF lanu' anu 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 alioWe9'
Provided, all owners of property az
fected by this ordinance shall nave ene
right to nay in full for said Improvement
at any time, and when said payment is
made all evidence of Indebtedness
against their property shall be canceled
Should bonds be issued on said GER
tificates they shall not bear a greater
rate of interest than six per cent. to be
paid annually, in equal installments run
ming through 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 its 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 dav of Septem-
her 1915 SFJTRABUE,
Attest: President of Town
l.. e. ROBINSON, Council
Town Clerk. t-oct-20
Approved on this the 18th day of Sep
TENDER, 1916.