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Session Laws, 1947
Volume 411, Page 1793   View pdf image (33K)
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WM. PRESTON LANE, JR., GOVERNOR. 1793

years from the date of issuance, with interest not to exceed
the rate of five per cent (5%) per annum payable semi-
annually, and the Treasurer of the Town is charged with the
custody of any monies received from the sale of said notes or
certificates of indebtedness as above mentioned. The Treasurer
of said Town shall be charged with the prompt collection of
the monies arising from sidewalks, curbs, gutters, streets and
drainage improvements and shall be charged with the safe-
keeping thereof and the said funds shall be kept as a separate
account and fund in such bank or banks as the Commissioners
may designate, and no part thereof shall ever be used for any
other purpose than to liquidate the notes or certificates of in-
debtedness and pay the interest thereon issued for the costs
and the necessary expenses in the construction of sidewalks,
curbs, gutters and roadbed and street improvements, includ-
ing the necessary expenses incident thereto. The certificates
when paid shall be cancelled and properly kept and filed among
the papers of said Town. The record shown for certificates
thus cancelled shall be entered upon a book kept for the pur-
pose aforesaid.

SEC. 20. And be it further enacted, That when the Com-
missioners shall have determined to construct sidewalks,
curbs, gutters, or roadbed and street improvements, or all
or any in any street or streets in said Town, they shall there-
upon notify, as far as practicable, each property owner upon
each street proposed to be improved, by depositing in the
United States Post Office, postage prepaid, in a sealed en-
velope addressed to such owner's last known address, a
notice, and by publishing said notice in one or more of the
newspapers having general circulation in the Town of Spring-
dale, setting forth therein the kind of sidewalk, curb, gutter,
roadbed and street improvements, or all or any of them, in
any street in said Town which the Commissioners have de-
termined to improve; the place, date and time it will meet
to hear such owners, which shall be not less than ten days
from the mailing of such notices, and notifying said owners
to appear at said meeting and express their views upon the
question or show cause, if any there be, why the improve-
ments should not be made; and the decision made by the
Commissioners at said meeting shall be final and conclusive;
provided, however, that no street improvement to be paid
for by special assessments shall be made under this Charter,
unless and until the previous consent in writing of the own-
ers of 51% of the abutting lots on each street so proposed
to be improved shall be filed with the Commissioners.
57

 

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Session Laws, 1947
Volume 411, Page 1793   View pdf image (33K)
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