The Arvada enterprise., 1922-01-26
cluded in above amounts.
Unnumbered Tracts East Of East End
Street and North of Grand View.
West Tract called

| 1to4.SO
Colorado & Southern Railway Lands
lying East of West Line of East
LIST Street 4l57.00
General fund Of City Of
NOW, THEREFORE, BE IT OR,
DAMNED BY THE BOARD OF
TRUSTEES OF THE TOWN OF
ARMADA. IN THE STATE OF
COLORADO:
Section 1. That the assessments
hereinbefore set forth are hereby
declared to be in proportion to the
benefits accruing to each lot or tract
by reason of the making Of such paw
ing improvements, and that the said
whole cost apportionment Of the
same Is hereby approved and con-
firmed, and a share Of said cost is
hereby assessed to and upon each
lot or tract of land within said dis
trict in the proportions and amounts
which are severally hcreinbefore set
forth.
Section 2. That said assessments
shall be due and payable Mt the Of
flee of the Town Treasurer, within
thirty days after the passage Of this
ordinance, without demand; provided
that all such assessments may, Mt
the election of the owner. be paid
in installments, with interest, rs
hereinafter provided. Failure to pay
the whole assessment within said
period of thirty days shall be con
clusively considered and held an
election on the part of all persons
interested, whether under disability
or otherwise, to pay in such install
ments. In case Of such election t,
nay In installments, the assessments
shall be payable at the office of the
County Treasurer. in twenty equal
annual installments of principal, the
first Of which installments of princi-
pal shall be due and payable on or
before the first day of March, A. ID.
1928, and the remainder Of said in
stallments shall be due and payable
successfully on or before the same
day in each year thereafter unit
paid in full, with interest in all cases
IN the unpaid principal ut the rate
of six per centum per annum, ply
able semi-annually on the LIST day O
September, and the LIST day of March
in each year. Failure to pay any in
stallments, whether Of principal or
interest, when due, shall cause the
whole Of the unpaid principal to be-
come due and payable Immediately
and the whole amount of the unpaid
principal and accrued interest shall
draw interest ut the rate Of one pc
centum per month, or fraction Of =
month, until the date of sale, ms by
law provided, but at any time prior
to the date of the sale, any owner
may pay the amount Of all unpaid
installment. with interest ut one PC
centum per month. or fraction Of
month, and all pealties accured, and
shall thereupcn be restored to the
right thereafter to pay in inrtaN
ments in the same manner as If dc
fault had not been suffered. TIL
owner of any property not In d..
-ault as to any installment or pay
ment, may. at my time, paw tn
whole of the unpaid principal, with
occurred interest. Payments may be
made to the Town Treasurer at am
lime within thirty days nftcrN thu
massage of this ordinance, and nm
allowance Of five per ccntum will b.
made on all payments during such
period only.
Section 3. This ordinance. after
its final passage, shall be recorded
in the town ordinance book kept for
that purpose, shall be authenticated
by the signature Of the Mayor and
the Town Clerk, and shall be pub
lished in the Arvada Enterprise, the
official newspaper of said town, be
ing Newspaper of general circula-
ton published in the Town Of Ar
vada, shall take effect and be in
force upon the expiration OF five
days after II is so published, and
shall be and remain irrcpcalablc un-
til the assessments hereby made
shall be paid in full.
ADOPTED AND APPROVED this
25th day of January. A. ID. 1922.
RICHARD RUSSELL,
Mayor.