Pueblo chieftain., 1922-01-14
LEGAL NOTICE

mine all such objections and COM
plants as shall be made to 1t within
the time specified before the 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 II
may seem just and equitable or may
confirm and approve the first propos-
ed assessment. After hearing and do
termining all complaints and ob1ec-
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 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. T. Upon the final passage Of
said assessment ordinances the City
Clerk shall prepare a local assessment
roll in book form. showing in suitable
columns each piece of property assess
ed. the total amonnt Of assessment. the
amount of each installment of prin-
cipal and interest. the date when each
installment shall become due. with
suitable columns for use in case of
n a nf 20 whole q mi nr
installment or penalty and deliver the
same to the then acting Treasurer OF
tho City for collection. under the seal
of the City.
Sec. s. All such assessments shall
be due and payable within thirty (ao)
cation OF the assessing ordinance
without demand; all such assessments
may, at the election of the owner. be
paid in fnstallments with interest as
hereinafter provided.
Sec. .. Failure to pay tho 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, to pay
in such instalLments All persons
electing to pay in installments shall
be conclusively- held and considered
as consenting to said Improvements
and such election shall be conclusively
held and considered as a waiver of
any and all right to question the
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 tho as
sessmenta.
Sec. 10. In case OF such election to
pay in installments, the assessments
sk1 q mn ax,nh hIn n
nual instailments of principal. the
first OF which installmcnts shall be
payable on a date to be fixed by said
assessing ordinance and the last In
staliment twenty t20) years there
after. with interest on tho unpaid
principal. payable semi-annually. at
tho rate OF SIX (6) per cent per an
mum; subject to the foregoing provi-
sions. all installments both OF prin-
cipal and interest. shall be payable At
such times az may be determined and
fixed by said assessing ordinance.
Sec. II. Failure to pay any INSTALL
mant. whether of principal or inter-
est when duo shall cause the whole
of the unpaid principal to become due
and payable Immediately. and tho
whole amount OF the unpaid principal
and accrued interest shall thereafter
draw interest at tho rate of ] per
cent per month or fraction of n
month. until day Of sale. as herein
after provided: but at any time prior
to the day Of sale. the owner may pay
tho amount of all unpaA installments
With interest at ono per cent per
month or fraction of 4 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-
ed. The owner of any property not in
d.. 80 tv.t
est or principal. may at any time pay
the whole OF the unpaid principal with
Interest ACQUIRING to the maturity of
the next installment of interest or
principal.
Sec. ~. Payments may be made
to the 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 cent shall be
made on all payments during such
period only. At tho expiration of said
thirty day period. the acting Treasurer
shall return said assessment roll.
showing all payments made thereon
with the datc of each payment. to tho
City Clerk. Thereupon said City
Clerk shall prepare n permanent local
assessment roll in book form. showing
in suitable columns each piece OF pro-
perty upon which the assessments arc
| unpaid. tho whole amount of the as
| easements unpaid, tho date to which
| same were computed. the amount of
each installment of principal and in
| tcrcst, tho date when same shall be-
come due. with suitable columns for
| use in case of payment of any INSTALL
| mcnt or penalty. said roll shall be
| certified by the City Clerk under tho
Seal of the City, and by him delivered
TO tho County Treasurer of Pueblo
I .tsNx - t.. r. -, .t
lection of the same. Said County
Treasurer shall proceed with the mat
ter of the collection OF said nssess-
ments as provided by the Act OF the
General Assembly of the State of Colo
| RADIO, hercinabove referred to.
Sec. 10. The improvements herein
provided for shall be paid for in pub
| lie improvement bonds issued by tho
City of Pueblo on behalf of said i'm
| nrnYcmnnt district: such bonds Shall