The Pensacola journal., 1920-03-26
Block

The portions of Reus street on each
side of Alabama Square between SAID
Square and the opposite block, and the
areas adjoining said portions within the
triangles formed by lines drawn from
the corner of the square and corner OF
the opposite block and intersecting at
the center of the nearest street intersec-
ton shall constitute a separate assess
ment district.
The portions of Gonzalez street to be
improved extending from the point where
the eastern line of block So extended in
tersects said street to the west line OF
Barcelona and including the adjoining
area within the triangle formed by lines
drawn from the opposite corners on Con
zalez street and intersecting at the cen
ter of Barcelona street and all portions
of street intersections not included in
any other assessment district shall con-
stitute a separate assessment district.
The portions of DeSoto street to be
improved extending from DeVillierS street
to Barcelona street and the areas ad-
joining at each end within the triangle
formed by lines drawn from opposite
corners. and intersecting at the center
of the nearest street intersection and all
portions of street intersections not in
cluded in any other assessment district
shall constitute a separate assessment
district.
Section Five
The City shall pay from bond money
the amounts which would be apportioned
to any parcel of land owned by the City
and any other sums required to be paid
and not otherwise provided for.
The assessment payable by any lot or
parcel Oi Idnus unueT the PROVISIONS OF
said Act of the Legislature aforesaid
shall be payable follows:
One-tenth in cash within thirty days
after the apportionment is made and
the balance in cash within thirty days
after the apportionment is made or in
equal installments one, two, three four
five, six. seven, eight and nine years after
the date of the assessment certificate
with interest from said date until paid at
the rate of six per cent per annum, pay
able annually.
ion.
If the owner of any lot or parcel of land
upon which an assessment is payable
shall not apply to the Board of Commits
sioners within thirty days after the COM
pletion of the work in the assessment
district, and the apportionment thereof
in accordance with law. for the privi-
lege of payment by instalments the right
of such privilege of payment shall be lost
and the whole sum shall be payable at
once. Each assessment certificate shall
state the time or times of the payment of
the amount thereby certified to be due
That upon the completion of said i'm
provements in said district the Board of
| of the parcels of land. or lots, against
which the same is assessable and shall
| issue negotiable certificate as to each
| lot, or parcel of land, in sSid district
| which shall be payable as is herein pro-
| vided.
Section Seven
| That the Board of Commissioners shall
| issue from time TO time as may be nee
essary Special Improvement Bonds for
the purpose of paying the sums payable
/ by lots or parcels of land, as evidenced
| by said negotiable certificates, as afore-
said. less the amount thereof which
shall be paid in cash within thirty days
after the date of said certificate.
That the form of said bonds and
coupon shall be substantially as provided
| by Section of the ordinance Providing
for the Grading. Paving and Curbing of
Certain Streets in the City of Pensacola
Florida, approved April 2S, 1909.''
Section Eight
A. each settlement with the contractor.
or contractors. for the improvements au-
thorized hereby, the Board of Commits
sioners shall deliver to the Contractor.
Commissioners shall ascertain the total
cost of such Improvement and appor-
ton the same between the city and each
or his assigns. so many of such bonds as
he may be entitled to under the terms
of his contract, less such sums as the
city may be able to pay him in cash real