Pueblo chieftain., 1922-01-21
LEGAL NOTICE

that the City Council will be IN see-
sion FOR the purpose of hearing and
considering such complaints: that the
Council shall sit and hear and deter
mine all such objections and com
plants as shall be made to 1t within
the time specified before tho final
passage of said proposed assessment
ordinance. and shall grant such relief
as the complainant may be found to
be entitled to, and the Council may
make such notifications and changes
IN the proposed assessment as to IT
may seem just and equitable or may
confirm and approve the first propos-
cd assessment. After hearing and de-
termfning all complaints and objec-
tions made against such proposed as
sessment. and making such modifica-
tions and changes as may be found
Just and equitable. the Council shall
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 a local assessment
roll in book form. showing in suitable
columns each piece Of property assess
ed. the total amount of assessment, the
amount of sach installment OF prin-
cipal and interest. tho date when each
1nstallment shall become due, with
suitable columns for use in case OF
payment of the whole amount, or any
installment or penalty and deliver the
same to the then acting Treasurer OF
the City for collection. under the seal
of the City.
Sec. s. All such assessments shall
be due and payable within thirty 500
days after the final passage and publi-
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
considered and held an election on tho
part of all persons interested. whether
under disability or otherwise. 10 pay
in such installments. All persons
electing to pay in installments shall
be copclusively held and considered
as consenting to said improvements
and such election shall be conclusively
held and considered as n waiver OF
any and all right to question the
power or jurisdiction OF tho City TO
construct tho improvements. tho
quality of tho work. the regularity or
sufficiency of the proceeding or the
validity or the correctness OF the as
sessments.
Sec. 10. In case of such election TO
pay IN installments. tho assessments
shall be payable in twenty equal an
nual installments of principal. the
first OF which installments shall be
payable on a date to be fixed by said
assessing ordinance and the last IN
stallment twenty (20) years there
after. with interest on the unpaid
principal. payable semi-annually. at
the rate of six ts) per cent per an
mum; subject to tho foregoing provi-
sions. all installmcnts both OF prin-
cipal and interest. shall bc payable at
such times as may bc 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 tho whole
of the unpaid principal to become duo
and payable Immediately. and tho
whole amount OF tho unpaid principal
and accrued interest shall thereafter
draw interest at the rate of / per
cent per month or fraction of .
month. until day OF sale. as herein
after provided: but at any ume prior
to tho day of sale, the owner may pay
tho amount of all unpaid instnllments
with interest at ono per cent per
month or fraction of a month and all
penalties accrued. and shall thcreupon
be restored TO the right thereafter to
pay In installmcnts in the same man.
ner as IL 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
tho whole of tho unpaid principal with
interest ACQUIRING TO the maturity of
tho next installmcnt OF interest or
principal.
Sec II. Payment. may be made
10 the acting Treasurer of tho 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 cent 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. Thcreupon said City
Clerk shall prepare "A permanent local
assessment roll in book form. showing
| in suitable columns each piece of pro-
perty upon which tho assessments are
unpaid. the whole amount of the as
sessments unpaid. the date to which
Same were computed. the amount of
each installment of principal and in
terest, tho date when same shall be-
como due. with suitable columns for
use in case OF payment OF any INSTALL
mcnt or penalty. Said roll shall he
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 tho COL
| lection of tho same, said County
Treasurer shall proceed with the mat
ter of the collection OF said assess-
| rncnts as provided by the Act OF the
General Assembly of tho State OF Colo
RADIO. hcrcinabove referred to.
Sec IL The improvements herein