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<br />- 2 - <br />Section 8, That the a,ssessments to be levied shall be paid in 20 <br />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; provided, that the owner of any property assessed may, at his option., <br />pay such assessments in cash w3.thin thirty days after passage of the assessing <br />ordina.nce. <br />Section 9. That oonds of the City sha.ll be issued in anticipation of <br />the collection of assessments by installments and in an amount equal there- <br />to a,nd notes of said City shall be issued in anticipation of the issuance of <br />such bonds and the levy of such assessments. <br />Section 10. That the remainder of the enta:re cost of said improvements, <br />after application of the assessments herein provided, shall be paid by the <br />3.ssuance of bonds in the manner provided by 1aw or from other funds available <br />? for this purpose. <br />Section 11. That Resolution No. 66-218, passed September 6., 1966, be <br />and the same is hereby repealed. <br />Section 12. This resol.ution is hereby declared to be an emergency <br />measure necessary for the immediate preservation of the public peace, <br />health and safety of said Gity, and for the further reason that the immediate <br />construction of said improvements is necessary to protect the health of the <br />aoutting owners and the inhabitants of the City; wherefore, this resolution <br />shall be in ?fu11 force and e-ffect from and immecliately after its passage and <br />approval by the rlayor. . <br />Passed• , 1966 <br />( + <br />President <br />Attest : Approved: ?'? 12.l• j[,G ? 1966 <br />Cler of ouncil <br />0 <br />Mayor <br /> <br />Gt ? <br />; ?_ <br />