The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-04-30
assessment shall be so laid


antil such improvements have been
ordered: Pursuant 10 such ordinance
uHon tne written consent, signed and
lied with the City O. Town Clerk, Of
not less than two-thir,;s n number OF
5he CwGc:5 OF the property aousti::@
unc2 street. sidewalk. OF part OF
aIthe". proposed TO be improved, and
provision mtde FOR t2.e payment by
The corporate authorities o fsald city
or town Of cot less than one-ha!I OF
he costs CT such Improvement; times
and terms OF payment and rates OF
interest on deferred payments OF
assessments by such property owners
shall be such as may be prescribed by
ordinance.
'Sec. II. Use of Funds-That the
amounts of money raised by such
assessments, together with the
amounts added thereto by the city or
town authorities from the city or
town treasury, shall constitute and
be kept as separate fund, to be used
only for the purpose for which 1t was
raised and appropriated.
"Sec. 3. Assessments Lien, En-
forcement and Collection-That the
assessments so laid shall constitute
ard be a lien upon the property so
assessed, and payment thereof may be
enforced as the payment OF city or
town taxes is enforced: Provided,
Such assessments be entered IN BOOK
kept by the City or Town Clerk, to
be entitled Assessment Liens, stating
the name of the owners, the location
Of the property ard the amount Of the
assessment and the time or times OF
payment: And Provided, Further,
That such lien shall continue from the
date OF entry on such book until the
expiration OF five years from the date
wnen final payment IS due and pay
able, unless sooner paid. Upon de-
fault il, the payment of any install
mect or deferred portion of ny
assessments, at the time and in ac-
cordance with the terms and condl--
tions fixed by ordinance, the total
amount of ary such assessment then
unpaid (including deferred install
rments or payments and INTEREST,"
shall Immediately become due and
collectible as city or town taxes are
collected, and with such penaltiesNan
as are now provided for the pay
ment of such taxes.
Sec. ~. Entry of Satisfaction
Upon Payment-fhat it shall by or
dinance be made the duty Of the City
or Town Clerk to make entry OF sat.
isfaction on such 'Asse- -...e ent Liens
JooR as soon as full payment is made,
and the lien shall be thereby eXtln-
guished.
sex. V. Sale ard Pledge Of Ger
tifcates of IndeOtedness.-That the
City or Town Councils of said cities
and towns are authorized and empoW-
cred to issue certificates of indebted
ness showing the amounts of money
due to such cities or towns by prop
erty owners as deferred payments or
installments upon such assessments,
and to sell any of such certificates OF
indebtedness or to borrow money by
pledging any of them as collateral
security for the payment OF such debt
or debts, and in either event OF sale
or collateral pledge of such certlfl-
Gates, or any Of chem, to pledge the
faith and credit of such cities or
towns for the payment thereof, and
to guarantee the payment of same Tor
and in the name Of such cities or
towns. =,
sSec. 6. Cities and Towns May
REQUIRE Notice of Transfer of Prop
erty Under Lien.-That such clties
or towns, by ordinance, require the
grantor and grantee, or grantors ano
grantees, Of any property, or part OF
same, sold or transferred after such
assessment has been laid thereon, and
before such assessment lien has been
extinguished, as provided herein, to
file in writing with the City or Town
Clerk, within ten (10) days after
every such sale or transfer, the name
of such grantor and grantee, or
grantors and grantees, an accurate
description of the property SOLD or
transferred and the date Of such sale
"sec. VII. Act Effective on APP
proval, Provided Not Effective in Any
CITY or Town Until Adopted at
Election.-That this Act shall be
effective from and Immediately after
it's date of approval by the Cover
nor: Provided, That the provisions OF
this Act shall not apply or become
operative in any city or town until
submitted to the qualified electors
thereof by the City or Town Council
for approval, and a majority OF the
qualified electors voting on the ques-
ton of it's approval vote in favor
thereof at any general municipal cleo
ton whether called and held for
that purpose only or not) when the
question of the said approval of said
Act is submitted and voted on sepa-
rately and the ballots thereon deposit,
ed in a separate box properly labeled
and provided for that purpose.
Zee. VIII. inconsistent Acts Re-
pealed, Proviso, This Act Not to
Apply to Certain Cities and Towns
THAT all Acts or parts of Acts incon-
sistent with this Act be, and the same
are hereby, repealed: Provided, The
provisions of this Ae' shall not apply
TO any city or Incorporated town
which has heretofore under special
constitutional amendment and act m
pursuance thereof provided for the