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Section 1. Any assessment remaining unpaid and for which no application <br />far instal 1 ment payments has been received may be foreclosed as provided by 1 aw. <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 ir~pravement. <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 />r <br />Council and approval by the Mayor, retention by the Mayor for more than ten <br />days, ar readoption aver a mayoral veto by two-thirds of all members of the <br />Council. <br />Passed by the City Council this <br />day of 199 <br />~~ <br />City Reco der <br />approved by the Mayor this <br />day of 199_ <br />ayor <br />ORDNANCE - 5 <br />