The Ordway new era., 1920-11-26

| first and last lot is mentioned, such
| description shall in every case be
understood to include the first. inter
mediate and last named lots, and the
sum of money per lot.
Description and Apportionment
Block 80. Lots II to 32,$51.7S
each.
Block 40, Lots to 10. s51. rs
each.
Block 46. Lots IT to 80, s51.7s
each
Block AT. Lots l to 16. s51.7s
each
Block 54, Lots l to A. s51.7s
each.
NOW THEREFORE. BE IT OR
( DAINED BY THE BOARD OF TRUS-
TEES OF THE TOWN OF ORDWAY
I IN THE STATE OF COLORADO:
Section One
That the said whole cost and ap-
portionment of the same, as hereinaf-
before set forth, is hereby approved,
and share of the said cost is hereby
assessed to and upon each lot or
parcel 'of land within said district,
and in the proportions and amounts
! which are severally hereinbefore set
forth.
Section Two
! That said assessment shall be due
after the publication of this ordin-
ance, without demand; provided that
all such assessments may, at the ell
ection of the owner, be paid in install
ments, with interest as hereinafter
provided Failure to pay the whole
assessment within said period of thir-
1 ty (30) day shall be conclusively con-
sidered and held an election on the
part of all persons Interested, wheth-
i I.Grg l.
pay said cost in installmens. In case
of said election to pay in installments.
the assessments shall be payable in
two equal annual installments of
principal, the first of which install
ments shall be due and payable
on the LIST day of March, A.
I D., 1921, and the second of which in
stallments shall be due and payable
on the LIST day of March, A. D., 1922.
with interest on the unpaid principle
of each of said installments, until
| the maturity thereof. at the rate of
six per centum (6 per cent?, payable
semi-annually on said installments re-
| spectively. Failure to pay any in
stallment, either principal or inter
[ est when due shall cause the whole
of the unpaid principal to become due
and payable Immediately, and the
whole amount of the unpaid principal
and accrued interest shall thereafter
/ draw interest at the rate Of one per
centum { per cent? per month, or
/ fraction of the month, until the day
of sale as by law provided; but that
any time prior to the day of sale the
owner may pay the amount of all un-
paid installments with interest at the
/ rate of one per centum Il per cent?
| per month, or fraction of the month.
and all penalties accrued, and shall
thereon be restored to the right there
after to pay in installments in the
| same manner as if default had not
been suffered. The owner of any lot
or parcel of land in said district not
/ N default as to any installment or
payment. may at any time pay the
whole of the unpaid principal with
/ interest accrued to the maturity OF
the next installment All interest or
principal payments may be made to
the town Treasurer at any time with
in thirty 800 days after the publi-
cation of this ordinance, and an allow
ance of FIVE per centum t5 per cent?
will be made on all payments during
such period only.
Section Three
This ordinance after its passage,
shall be recorded IN the town ordin-
ance book kept for that purpose, to
be authenticated by the signature of
the Mayor and the Town Clerk, and
shall be published in the Ordway New
Era. the official newspaper of said
town. being a newspaper published
within the limits of the Town of Ord
way; shall take effect and be in force
upon the expiration of five CD days
after it is so published, and shall be
and remain irrepealable until the as
easements hereby made shall be paid
in full
Adopted and approved at an ad-
journed regular meeting of the Board
OF Trustees of the Town of Ordway,
in the State of Colorado, held on the
22nd day of November, A. D., 1920.
w. II. CRISMAN,
ATTEST: Mayor.
JOHN B. ESTES,