Ordinance 2296-98 - Laserfiche WebLink

Section 7: The Local Improvement Fund for the District is created and established in the office of the Director of Finance and Budget. The proceeds from the sale of revenue warrants or other short-term obligations drawn against the fund which may be issued and sold by the City and the collections of special assessments, interest and penalties thereon shall be deposited in the Local Improvement Fund. Cash warrants to the contractor or contractors in payment for the work to be done by them in connection with the Improvements and cash warrants in payment for all other items of expense in connection with the Improvements shall be issued against the Local Improvement Fund. Section 8: Within 15 days of the passage of this ordinance there shall be filed with the City Treasurer the title of the improvement and District number, a copy of the diagram or print showing the boundaries of the District and the preliminary assessment roll or abstract of such roll showing thereon the lots, tracts and parcels of land that will be specially benefited thereby and the estimated cost and expense of such improvement to be borne by each lot, tract or parcel of land. The City Treasurer immediately shall post the proposed assessment roll upon her index of local improvement assessments against the properties affected by the local improvement. Section 9: If any provision of this ordinance shall be declared unconstitutional or invalid by any court of competent jurisdiction, it shall be conclusively presumed that this ordinance would have been enacted without the provision so held unconstitutional or invalid and the remainder of this ordinance shall not be affected as a result of said part being unconstitutio for invalid. • RD D. ' • NSEN, MAYOR ATTEST: 0 &L' i 41 • C1 ./ CITY CLERK Passed: 04/29/98 Valid: 05/04/98 Published: 05/11/98 Effective: 05/20/98 4