Pueblo chieftain., 1922-01-28
LEGAL NOTICE

mine all such objections and COM
plants as shall be made to 1t Wlthlh
the time specified before the final
passage of said proposed assessment
ordinance, and shall grant euch relet
as the complainant may be FOUND 10
be entitled to, and the Council may
make such notifications and changes
in the proposed assessment as 10 IL
may seem Just and equitable or may
confirm and approve the first propos-
cd assessment. After hearing and de-
ternlining all complaints and op1ec-
tions made against such proposed as
sessment, and making such moditica,
tions and changes as may be 1ouhd
just and equitable, the Council snail
thereafter by ordinance assess the cost
OF said improvements as herein pro
vided. and said assessment when made
shall be and remain a lien in the sew
eral amounts assessed against each
lot, tract of land, property and fran
chise until paid. and have priority over
all other liens except general taxes.
II before any such improvements
are made any piece OF real property
or any railway company to be assess-
ed has already an improvement con-
forming to the general plan, or salts
factory to the Council an allowance
therefor may be made to the owner.
same to be deducted from the assess
ment against said property and from
the contract price.
Sec. Z. Upon the final passage of
said assessment ordinance the City
Clerk shall prepare local assessment
roll in book form, showing in suitable
columns each piece Of property assess
ed, the total amount OF assessment, the
amount of each inftallment OF prin-
cipal and interest. the date when each
installment shall become due, with
suitable columns for Nse in case OF
~ e al or nv
installment or penalty and deliver the
same to the then acting Treasurer OF
the City for collection. under the seal
OF the City.
Sec. 8. All such assessments shall
be due and payable within thirty 800
days after the final passage and publ
cation OF the assessing ordinance
without demand; all such assessments
may. at the election of the owner. be
paid in installments with interest as
hereinafter provided.
Sec. .. Failure to pay the whole
OF said assessments within said period
of thirty days shall be conclusively
part of all persons interested, whether
under disability or otherwise, to pay
in such installme ents. All persons
electinG to pay in installments shall
be conclusively held and considered
as consenting to said improvements
ana SuCh elcCtlOu snHll DE
held and considered as a waiver OF
any and all right to question tho
power or Jurisdiction of the City to
construct the Improvements, tho
quality of the work, the regularity or
sufficiency of the proceeding or the
validity or the correctness OF the as
sessments.
pay in installme ents. the assessments
shall be payable in twenty equal an
nual installments of principal. tho
first of which installments shall be
payable on n date to be fixed by said
assessing ordinance and the last in
stallment twenty t20) years there
after. with interest on the unpaid
the rate of six go per cent per an
mum: subject to tho foregoing provi-
stons, all ailments both OF prin-
cipal and interest, shall be payable At
such times a. may be determined and
fixed by said assessing ordinance.
Sec. IL. Failure to pay any install
mant. whether OF principal or inter-
est when duo shall cause the whole
of tho unpaid principal to become due
and payable Immediately, and the
whole amount of tho unpaid principal
and accrued interest shall thereafter
draw interest at tho rate OF per
cent per month or fraction or =
month, until day of sale. as herein
after provided; but at any time prior
to the day of sale. the owner may pay
the amount of all unpaid installmcnts
with interest Mt ono per cent per
month or fraction of a month and all
penalties accrued. and shall thereupon
be restored to tho right thereafter to
pay in installments in the same man
ner as II default had not been suffer-
cd. Tho owner of any property not in
default as to any installment of inter-
est or principal. may at any time pay
the whole of the unpaid principal with
interest ACQUIRING to the maturity OF
the next instalimcnt of interest or
principal.
to tho acting Treasurer of the City at
any time within thirty days after the
final passage and publication OF the
assessing ordinance and an allowance
or discount OF five per cept shall be
made on all payments during such
period only. At the expiration OF said
thirty day period. the acting Treasurer
shall. return said assessment roll
showing all payments made thereon
with the date of each payment. to the
City Clerk. Thereupon said City
| Clerk shall prepare permanent local
assessment roll in book form. showing
| in suitable columns each piecc of pro-
perty upon which the assessments are
/
sessments unpaid. the date TO which
same were computed. the amount OF
each installment of principal and in
| tcrest, the date when same shall be-
come due, with suitable columps for
use in case OF payment of any Install
ment or penalty. Said roll shall be
| certified by the City Clerk under the
Seal Of the City, and by him delivered
| to the County Treasurer of Pueblo
! County with his warrant for the col
lection of the same, said County
Treasurer shall proceed with tho mat
| ter OF tho collection of said assess
ments as provided by tho Act of the
General Assembly of the state of Colo.
RADIO, hereinabove referred to.
Sec. "a. The improvements hereir
provided for shall be paid for in pub
lie improvement bonds issued by th'
| City of Pueblo on behalf of said i'm
proveme district. such bonds shsl
| he payable out OF the moneys collect
cd on account of the assessments mad'
. 0t.e ~ al xhu ~