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41 <br />Section 5. That all installments of said asse?sments and all <br />portions thereaf, ,together with interest tharenn, shall be applied <br />to the payment c?f said bonds and interest as the same shal.l bec4?e <br />duE and tv no other purpose whatsoever. In the event that the amaunt <br />of bonds required to be i.ssued fcar said impr4vement sha3.1 be reduced <br />by the cash payment by the pr4perty cawzaer , in aceorc'iance w3?h the <br />option included in the assessing ordinanc$, such reduction shal3 be <br />accomFlishec"L by reduciug t.11 of the seri.a1 bands hereinabave provided <br />for sQ as ta retain substant3ally equal anrual taaturities. <br />Seet3.oza b. The Auditor is hereby directed ta have said bon+ds <br />and coupons properly prepared ana executed, to sell the same and to <br />depcasa:t t.he prQCSeds in the Oity treasury to the credit of the I3over <br />Center Rcaad Sidewalk Improvement Fund fer the purp6se caf paping the <br />cost of said improvement not heretofvre prov-ided to be paid by said <br />City and for which purpose said money f.s hereby apprQpriated, <br />Seetion 7. That said iionds shall be first offered at par and <br />accrued interest ta the Treasurer a.nd Officer in charge of the Sink- <br />ing Fund and if said Treasurer or {3fficer refuses to take ang ar all <br />crf said Borads then said bonds not so tak,en sha1l be adverti.sed fQr <br />gublic sale and sald in -the rnannraer provided bp law but for nqt less <br />than the par v&1ue and acerued interest, <br />Section 8. lfhat this prdinance is hereby dee2ared ta be an <br />emer;ency ???easure, the emergeney bea.ng t?hat it is necessary for the <br />im,medidte preservat3.on of }aublic health, ?eace, safety and weIfare <br />dnd sh a11. take effect and be in force from and after the earJ,iest <br />period allaawed by law, <br />PASSED: Apr3,1. 15, 1952 <br />A'1'TE3T : <br />' . ili. hri?tman, Clerk caf c?Mcil ( <br />AFFRtsV'ED: <br />clurl!nctl . , Iftym-