Laserfiche WebLink
or tS>reclosure of assessments levied by this ordinance shall be deposited to the city funds -which <br />advanced the cost of construction, engineering and related expenses or which are used to retire any <br />indebtedness incurred by the City for this improvement. <br /> <br /> Seetion 8. An immediate effective date is necessary to allow the City' to begin immediate <br />collection of the assessments that will be used to pay the obligations the City has incurred for this <br />project. Enabling the City to begin collecting assessments will avoid increased interest costs and <br />conserve limited City resources. Therefore, this Ordinance shall take effect immediately upon its <br />passage by an affirmative vote of two-thirds of all members of the CiD' Council and approval by the <br />Mayor, retention by the Mayor for more than ten days, or readoption over a Mayoral veto. <br /> <br />Passed by the City Council this <br />12th day of May, 2003 <br /> <br />Approved by the Mayor this <br />12th day of May~ 2003 <br /> <br />Deputy City Recorder <br /> <br />Ordinance - 5 <br /> <br /> <br />