HomeMy WebLinkAboutORD 95-59 - I35 Frontage Rd AssesmentsORDINANCE NO.
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, AMENDING ORDINANCE 9342 TO EXTEND
THE TIME PERIOD FOR PAYMENT OF ASSESSMENTS ON EAST 1-35
FRONTAGE ROAD
WHEREAS, on December 14, 1993, the City Council passed Ordinance No. 93-42
levying assessments on certain properties abutting the East 1-35 Frontage Road Project;
determining the method of apportionment; establishing the terms and conditions for
payment of the assessments; authorizing the issuance of certificates of assessment; and
establishing an effective date; and
WHEREAS, Section 4.a. of the Ordinance set the time for payment of the
assessments at a set for a period of five years; and
WHEREAS, the City desires to extend the time or payment of the assessments to
a period of seven years; and
WHEREAS, the City Council determines that the extension of the time period for
payments of the assessments is in the best interest of the City;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF GEORGETOWN, TEXAS, THAT:
1. Ordinance No. 93-42 is hereby amended in Section 4.a, to read as follows:
The assessments shall be due and payable over a period of seven years
in annual installments to begin after completion of the frontage road
improvements and acceptance by the City.
PASSED AND APPROVED on First Reading on the 28th day of November, 1995.
PASSED AND APPROVED on Second Reading on the 12th day of December,
1995.
ATTEST:
;a-D-.j--LeeJ City Secretary
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East 1-35 Frontage Road Assessment Ordinance No.
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THE CITY OF GEORG
By:
o Wood, Mayor
Marianne Landers Banks
City Attorney
East 1-35 Frontage Road Assessment Ordinance No. '?6m" 5
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