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application for installment payments has been received may be <br />foreclosed as provided by law. The proceeds from the payment or <br />foreclosure of assessments levied by this ordinance shall be <br />deposited to the city funds which advanced the cost of construc- <br />tion, engineering and related expenses or which are used to retire <br />any indebtedness incurred by the City for this improvement. <br />Section 8. That the matters contained herein affect the public <br />welfare and safety and therefore, an emergency is hereby declared <br />to exist, and this ordinance shall become effective immediately <br />upon its passage by the City Council and approval by <br />the Mayor, retention by the Mayor for more than ten days, or <br />readoption over a mayoral veto by twa-thirds of all members of the <br />Council. <br />Passed by the City Council this <br />~~`'~ day o f ~,w~,~ 19 9 5 <br />City Re rder <br />Approved by the Mayor this <br />day o f ~, l 9 9 5 <br />Mayor <br />~RD I NANC E - 5 <br />