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Section 7o That the Clerk of this Council be and he is hereby directed <br />to deliver a certified copy of this resolution to the Director of Finanee of <br />this City° <br /> <br /> Section 8o That pursuant to Section 3 of Article XIV of the Charter <br />of the City of Lakewood~ the Director of Finance of this City be and he is hereby <br />authorized and directed to prepareand file with this Council the estimated assess- <br />ments of the cost of the improvemeht described in this resolution. When such <br />estimated assessments have been so filed~ said Director of Finance shall cause <br />notice of the adoption of this resolution and the filing of said estimated aSsess- <br />ments to be serwed on the owners of all lots and lands to be assessed as provided <br />in Section 4 of said Article XIV. <br /> <br /> Section 9o That the assessments to be levied shall be paid in ten (10) <br />semi=annual installments~ with interest on deferred payments at the same rate <br />as shall be borne by the bonds to be issued in anticipation of the collection <br />thereof which is now estimated at three and three-quarters per centum per annum; <br />provided~ that the ow~.er of coy property assessed may~ at his option, pay such <br />assessment in cash within thirty days after passage of the assessing ordinance. <br /> <br /> Section lOo T/oat bonds of the City shall be issued in anticipation of <br />the collection of assessments by installments and in an amount equal thereto <br />and notes of said City shall be issued in anticipation of the issuance of such <br />bonds and the levy of such assessments° <br /> <br /> Section llo That the remainder of the entire cost of said improvement~ <br />after application of the assessments herein provided~ shall be paid by the issuance <br />of such bonds and the levy of such assessments° <br /> <br /> Section 1Ro This resolution~ having been determined to be an emergency <br />measure~ shall be in full force and effect from and immediately after its <br />passage and approval by the Mayor° <br /> <br />A opted o~~__~_3 <br /> <br />Robert M. Lawther <br /> <br />President of Council <br /> <br />Approved~.~ l~a~ <br /> <br />, Philip M. Dearborn <br /> Clerk of Council <br /> <br />Frank p. Celeste <br /> <br />Mayor <br /> <br /> <br />