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L <br />ordinance. <br />Section 7. Any assessment remaining unpaid and for which no application <br />for installment payments has been received may be foreclosed as provided by law. <br />The proceeds from the payment or foreclosure of assessments levied by this <br />ordinance shall be deposited to the city funds which advanced the cost of <br />construction, engineering and related expenses or which are used to retire any <br />indebtedness incurred by the City for this improvement. <br />Section 8. That the matters contained herein affect the public welfare <br />and safety and therefore, an emergency is hereby declared to exist, and this <br />ordinance shall become effective immediately upon its passage by the city <br />Council and approval by the Mayor, retention by the Mayor for more than ten <br />days, or readaption over a mayoral veto by two thirds of all members of the <br />Council. <br />Passed by the City Council this <br />day of I99 <br />f l <br />/ ~~ <br />City Recorder <br />Approved by the Mayor this <br />a~day of .Q 199 ~ <br />~ ~~ `~~ Mayan ~ <br />ORDIN~4NCE - 5 <br />