The Ordway new era., 1920-05-07

to be assessed by ordinance upon all
of the real estate in said district in
proportion as the frontage OF each
piece. lot or parcel of land in the
said proposed district is to the from
tage of all of the lots or parcels of
land in said proposed district, said
district being described as follows,
to-wit:
Embracing all lots and fractional
lots in Blocks numbered thirty-ninc
(39). forty (4OD. forty-six t46).
forty-seven (46, and that part of
block numbered fifty-four (54) lying
north Of the Missouri Pacific Rail-
way right of way. fronting or abut-
ting on Main street in said Town of
Ordway. being lots II to 32, both in
elusive. in block 80: lots 1 to 16,
both Inclusive. in block At. and lots
1 to 4, both inclusive, in block 54.
all in the Town of Ordway, Colo.
That the probable cost of said or
namental street lighting system is
said improvement district, as shown
in the estimate of said Engineer of
said Town, is (S3, 3,400.00) three
thousand four hundred dollars. that
the maximum of said sum that will
be assessed upon the respective lots
or parcels of land in said proposed
district. exclusive of streets, alleys
and highways. has been estimated as
follows. to-wit:
Gel OF land fronting ON Main street in
said district. $500.
! That the total frontage to be ass
essed in said district is 100 front
feet.
I That all of said estimates of cost
are exclusive of the cost of interest,
inspection and incidentals.
That the total cost of said Orna-
mental lighting system, and the ap-
purtenances, together with interest
at the rate of six per centum CO per
centum) per annum on the bonds or
warrants to be issued in payment
thereof. and the per centum added
for cost of interest. inspection and in
essed against the aforesaid real esta-
te in proportion as the frontage of
each lot or parcel of land in said pro-
posed district is to the frontage of all
of the lots or parcels of land in said
proposed district.
That the said assessment shall be
due and payable without demand
within thirty 600 days from and af-
ter the final assessing ordinance ass
essing the whole actual cost of said
Improvement against said real estate
shall become effective and be in
force, provided. however. that any
owner who shall pay his full assess
ment within said period of thirty
| 800 days shall be entitled to an al
lowance or deduction of five 6 per
eentum) per centum of the amount
assessed against his property and
paid by him; or in case any owner of
real estate shall fail to pay the whole
OF his assessment against his proper
ty within thirty 800 days from and
after the final assessing ordinance
assessing the same shall become eff
fective and be In force, then the
whole cost of said improvements so
assessed against his property shall
be payable in two (2) equal annual
installments of the principal, with
interest at the rate of six (6) per
centum per annum upon unpaid in
stallments payable semi-annually,
the first of which installments of
principal shall be due and payable
upon the next succeeding anniver-
sary date after the passage of the fl
nal assessing ordinance aforesaid
upon which general taxes or the first
installment thereof are, by the laws
Of the State of Colorado, made pay
able. and the remainder of said in
Etallments shall be due and payable
successfully on the same day in each
year thereafter until all are paid in
full
That a map of said proposed Main
Street improvement District Number
One, showing the proposed ornamen-
tai street lighting system and appur-
tenances and boundaries of said dis
trict. specifications and details for
the construction of such ornamental
street lighting system and appurten-
ances. the schedule OF lots and par
cells of land in said district. showing
the proposed assessment against
each lot or parcel of land. and the
estimate of the Engineer of the cost
of said improvement that will be as
sessed against each piece of real es-
tate in said district may be readily
ascertained: and all resolutions and