Ordinance No. 1452 (Word Version)

ORDINANCE NO. 1452

AN ORDINANCE APPROVING THE ASSESSABLE COST

OF THE IMPROVEMENTS MADE IN AND FOR IMPROVE

MENT DISTRICT NO. ST-72, IN THE CITY OF

GRAND JUNCTION, COLORADO, PURSUANT TO

ORDINANCE NO. 178, ADOPTED AND APPROVED THE

llTH DAY OF JUNE, 1910, AS AMENDED; APPROV-

ING THE APPORTIONMENT OF SAID COST TO EACH

LOT OR TRACT OF LAND OR OTHER REAL ESTATE

IN SAID DISTRICT; ASSESSING THE SHARE OF SAID

COST AGAINST EACH LOT OR TRACT OF LAND OR

OTHER REAL ESTATE IN SAID DISTRICT; APPROVING

THE APPORTIONMENT OF SAID COST AND PRESCRIB-

ING THE MANNER FOR THE COLLECTION AND PAYMENT

OF SAID ASSESSMENTS

WHEREAS, the City Council and Municipal Officers of the City of Grand

Junction, in the State of Colorado, have complied with all the provisions of

law relating to certain improvements in Improvement District No. ST-72 in the

City of Grand Junction, pursuant to Ordinance No. 178 of said City, adopted and approved June 11, 1910, as amended, being Chapter 18 of the Code of Ordinances of the City of Grand Junction, Colorado, and pursuant to the various resolutions, orders, and proceedings taken under said Ordinance; and

WHEREAS, the City Council has heretofore caused to be published the Notice of Completion of said local improvement in said Improvement District No. ST-72, and the apportionment of the cost thereof to all persons interested and to the owners of real estate which is described therein, said real estate comprising the district of land known as Improvement District No. ST-72, in the City of Grand Junction, Colorado, which said notice was caused to be published in the Daily Sentinel, the official newspaper of the City of Grand Junction (the first publication thereof appearing on December 7, 1972 and the last publication thereof appearing on December 9, 1972): and

WHEREAS, said Notice recited the share to be apportioned to and upon each lot or tract of land within said District assessable for said improvements, and recited that complaints or objections might be made in writing to the Council and filed with the Clerk within thirty (30) days from the first publication of said notice, to wit: on or before and up to 5:00 o'clock P.M. on the 17th day of January, 1973, and recited that such complaints would be heard and determined by the Council at its first regular meeting after the said thirty days and before the passage of any ordinance assessing the cost of said improvements; and

WHEREAS, pursuant to said notice no written complaints were filed with

respect to the proposed assessment of the cost of said improvements; and

WHEREAS, the City Council has fully confirmed the statement prepared by

the City Engineer and certified by the President of the City Council showing

the assessable cost of said improvements and the apportionment thereof heretofore made as contained in that certain notice to property owners in Improvement District No. ST-72, duly published in the Daily Sentinel, the official newspaper of the City, and has duly ordered that the cost of said improvements in said Improvement District No. ST-72 be assessed and apportioned against all of the real estate in said District in the portions contained in the aforesaid notice; and

WHEREAS, from the statement made and filed with the City Clerk by the City Engineer, it appears that the assessable cost of the said improvements is $122,890.88 said amount including six per cent additional for cost of collection and other incidentals and including interest to the first day of January, 1973, at the rate of 4.54 per cent per annum on the bonds heretofore sold to raise funds for the construction of said improvements; and

WHEREAS, from said statement it also appears that the City Engineer has

apportioned a share of the assessable cost to each lot or tract of land in said District in the following portions and amounts, severally, to wit:

BOOKCLIFF AVE -12th to 13th Street

122-00-045 The South 150 feet of the following:

W 155 feet of Lot 29 Blk 9 Fairmount

Sub. Sec. 12 IS 1W S of G V Cnl $1,674.06

BOOKCLIFF AVE. 12th to 13th Street (continued)

122-00-046 The South 150 feet of the following:

E 135 feet of Lot 29 Blk 9 Fairmount

Sub. Sec. 12 IS 1W S of GV Cnl $1,458.04

122-00-047 The South 150 feet of the following:

W 97 feet of Lot 32 Blk 9 Fairmount

Sub. Sec 12 1 S 1W S of GV Cnl 1,047.63

122-00-048 The South 150 feet of the following:

Lot 32 Blk 9 Fairmount Sub Sec 12

IS 1W S of GV Cnl 1,652.46

122-00-049 The West 50 feet of the following:

Beg 30 feet E of SE Cor Lot 32 Blk 9

Fairmount Sub Sec 12 IS 1W W 80 feet

N to GV Cnl SEly Alg Cnl to a Pt

N of Beg S to Beg 864.03

122-00-117 Beg 190.5 feet E of NW Cor Lot 15 Blk 5

Fairmount Sub S 80 feet E 109.5 feet N

80 feet W 109.5 feet to Beg 859.38

122-00-125 Beg 190.5 feet E 80 feet S of NW Cor

Lot 15 Blk 5 Fairmount Sub S 70 feet

E 109.5 feet N 70 feet W 109.5 feet 323.26

122-00-129 Beg NW Cor Lot 15 Blk 5 Fairmount Sub

E 100 feet S 94 feet W 100 feet N 94

feet to Beg Sec 12 T1S R1W 509.34

122-00-030 Beg 190.5 feet E NW Cor Lot 15 Blk 5

Fairmount Sub S 140 feet W 70 Feet N

140 feet E 70 feet to Beg Sec 12 TlS R1W 436.96

122-00-031 W 190.5 feet of Lot 15 Blk 5 Fairmount

Sub. Exc Beg at NW cor Lot 15 E 100

feet S 94 feet W 100 feet N 94 feet to

Beg & also Exc Beg 190.5 feet E of NW

Cor Lot 15 S 140 feet W 70 feet N 140

feet E 70 feet to Beg Sec 12 T1S R1W 284.86

122-00-064 Lot 14 Blk 5 Fairmount Sub Sec 12 1 S

1W Exc S 50 feet of W 240 feet 3,132.10

BOOKCLIFF AVE. 93 feet east of 9th St & 342.5 feet West of

9th Street

111-14-001 The West 93 feet of the North 150 feet of

Blk 1 North Monterey Park Sub in Lot 5

of Capitol Hill Sub 1,004.44

111-00-024 The South 150 feet of the following:

Beg 88 feet E of SW Cor Lot 4 Capt Hill

Sub Sec 11 1 S 1 W E 60 feet N 640 feet

W 52.3 feet to L B C RR Swly Alg RR

437 feet E 231 feet S 274 feet to Beg

Exc the South 30 feet for Rd 648.02

111-00-025 Beg SW Cor Lot 4 Capt Hill Sub

Sec ll IS 1W E 88 feet N 274 feet W

226.8 feet to RR S 30 DEG 02 MIN

W 326.83 feet E 317 feet to Beg Exc

S 30 feet for Rd 4,201.33

111-00-045 The N 150 feet of the E 204 feet of

the following:

N1/4 SW1/4 NE1/4 Sec 11 IS 1W E of C Li 7th

Street exc W 450 feet & exc E 138.5

feet & exc Roads 2,203.26

111-00-046 Beg 74.5 feet W of NE Cor SW1/4 NE1/4

Sec 11 1S 1W W 64 feet S 100.1 feet

E 64 feet N to Beg Exc N 30 feet

for street 559.90

BOOKCLIFF AVE. 93 feet east of 9th St. & 342.5 feet West of

9th Street (continued)

111-00-047 Beg. 30 feet S of NE Cor SW1/4 NE1/4

Sec 11 1 S 1W S 100.1 feet W 74.5

feet N 100.1 feet E to Beg 651.80

111-00-048 The North 150 feet of the following:

Beg 130.1 feet S of NE Cor N1/4 SW1/4

NE1/4 Sec 11 1S 1W S to S Li N1/4 SW1/4

NE1/4 W 138.5 feet N to a Pt W of Beg

E to Beg 284.15

9th STREET - Walnut Ave. to Bookcliff Ave.

111-00-045 N1/4 SW1/4 NE1/4 Sec 11 1S 1W E of C Li

7th St Exc W 450 feet & Exc E 138.5

feet & Exc Roads 136.73

111-00-046 Beg 74.5 feet W of NE Cor SW1/4 NE1/4

Sec 11 1S 1W W 64 feet S 100.1 feet

E 64 feet N to Beg Exc N 30 feet

for Street 275.41

111-00-047 Beg 30 feet S of NE Cor SW1/4 NE1/4 Sec 11

1S 1W S 100.1 feet W 74.5 feet N 100.1

feet E to beg 759.05

111-00-048 Beg 130.1 feet S of NE Cor N1/4 SW1/4 NE1/4

Sec 11 1S 1W S to S Li N1/4 SW1/4 NE1/4 W

138.5 feet N to a Pt W of Beg E of Beg 2,068.92

111-09-002 Lot 2 Block 4 North Monterey Park 375.41

111-14-001 The West 150 feet of Blk 1 North

Monterey Park Sub in Lots 5 of Capitol

Hill Sub Sec 11 1S 1W 5,076.16

111-09-003 Lot 1 Blk 4 North Monterey Park 933.58

111-00-963 The East 150 feet of the S1/2 N1/2 of

the SW1/4 NE1/4 of Sec 11 T1S R1W UM

Exc the South 30 feet for Road ROW 3,240.10

111-09-004 The West 18.27 feet of Lot 3 Blk 4

North Monterey Park Sub 93.97

LITTLE BOOKCLIFF RR ROW from Bookcliff Ave. Northeasterly 720 ft.

111-00-024 Beg 88 feet E of SW Cor Lot 4 Capt Hill

Sub Sec 11 1S 1W E 60 feet N 640 feet

W 52.3 feet to L B C RR swly alg RR

437 feet E 231 feet S 274 feet to Beg 6,758.26

111-00-025 Beg SW Cor Lot 4 Capt Hill Sec 11 1S

1W E 88 feet N 274 feet W 226.8 feet

to RR S 33 Deg 02 Min W 326.83 feet

E 317 feet to Beg Exc S 30 feet for Rd 5,242.07

111-00-901 The easterly 150 feet of the following

described tract; Beg at the N4 Cor of

Sec 11 T1S R1W UM, thence S 0 Deg 39 Min

E 577 feet to a sq stone marked "X";

thence S 63 Deg 31 Min E 225.4 feet;

thence S 0 Deg 04 Min W 292 feet to the

NW Cor of the tract herein conveyed and

sd beg; thence S 89 Deg 26 Min E 951 feet

to a Pt on the W Li of the Little Bookcliff

R/R ROW; thence SWLY along the line of the

said ROW to the S Li of the NW1/2 of the NE1/4

of Sec 11; thence W to the Pt S of Beg;

thence N to NW Cor thereof to P.O.B. A11

in Mesa County, Colorado. Also Lot 8 & 9

of Yocum Addition 11,859.52

24TH COURT SOUTH OF GRAND AVENUE

134-00-010 Beg 1064.41 feet W and 431.74 feet S of

the NE1/4 SW1/4 Sec 13 T1S R1W thence W 150

feet S 209 feet to the N ROW of US Hwy

6 & 24 N 73 Deg 02 Min E 156.82 feet N

0 Deg 04 Min E 153.26 feet to P.O.B.

ALSO Beg 1024.87 feet W and 30 feet S of

the NE1/4 SW1/4 Sec 13 T1S R1W; THENCE E

60 feet S 112 feet E 110.44 feet S 0 Deg

04 Min W to the N Li of US Hwy 6 & 24;

Thence S 73 Deg 02 Min W 156.82 feet;

Thence N 0 Deg 04 Min E 364.67 feet N

12 Deg 46 Min 30 feet W 91.34 feet N

112.96 feet to POB 6,837.70

134-00-963 Beg 1024.87 feet West of E1/4 Cor of

Sec 13 TlS, R1W of UM, then South

431.74 feet, West 404.64 feet, North

431.74 feet, East to point of beginning 3,936.39

TEXAS AVENUE West of 28-1/4 Road

073-00-177 Beg 396 feet North & 123 feet West of

SE Cor SE1/4 NW1/4 SW1/4 Sec 7 T1S R1E; thence

N 132 feet; thence W 50 feet; thence S

125.59 feet; thence S 79 Deg E 33.62 Min:

thence E 17 feet to POB 546.71

073-00-178 Beg 396 feet North of SE Cor

SE1/4 NW1/4 SW1/4 Sec 7 T1S R1E;

thence W 123 feet; thence N 132

feet; thence E 123 feet; thence S

132 feet to POB 1,058.43

073-00-025 West 73 feet of Beg 396 feet N of

SE Cor SE1/4 NW1/4 SW1/4 Sec 7 T1S R1E;

thence N 132 feet; thence W 246 feet;

thence S 132 feet to POB; except Beg

396 feet N & 140 feet W of SE Cor said

Sec; thence W 106 feet; thence N 20.6

feet; thence SELY 108 feet to Beg 803.33

073-09-001 Lot 6 East Texas Sub Amended Sec 7

T1S R1E 745.22

073-09-002 Lot 5 East Texas Sub Amended Sec 7

T1S R1E 745.22

073-09-003 Lot 4 East Texas Sub Amended Sec 7

T1S R1E 745.22

073-08-001 Lot 2 Gilliland Sub Sec 7 T1S R1E 795.87

073-08-002 North 150 feet of Lot 3 Gilliland Sub 769.00

073-08-003 North 150 feet of Lot 4 Gilliland Sub

Sec 7 T1S R1E 764.66

073-08-004 Lot 1 Gilliland Sub Sec 7 T1S R1E 355.77

073-00-166 North 150 feet of N1/2 of East 100

feet of W 1/6 E 1/2 S 3/5 & E 2/3

W 1/2 S 3/5 SE1/4 NW1/4 SW1/4 Sec 7 T1S

R1E Except N 29 feet for road 1,080.03

073-00-048 North 150 feet of E 2/3 of W 1/2

S 3/5 SE1/4 NW1/4 SW1/4 Sec 7 T1S R1E

Except E 50 feet and except West

100 feet and except North 29 feet

for road 756.03

8TH COURT NORTH OF PATTERSON EAST OF 7TH STREET

024-10-001 Lot 1 Walker Heights $1,453.93

024-10-002 Lot 2 " " 1,453.93

024-10-003 Lot 3 " " 1,453.93

024-10-004 Lot 4 " " 1,453.93

024-10-005 Lot 5 " " 1,453.93

024-10-006 Lot 6 " " 1,453.93

024-10-007 Lot 7 " " 1,453.93

024-10-008 Lot 8 " " 1,453.93

024-10-009 Lot 9 " " 1,453.94

024-10-010 Lot 10 " " 1,453.95

024-10-011 Lot 11 " " 1,453.94

024-10-012 Lot 12 " " 1,453.94

MELODY LANE from North Ave. to U.S. Hwy 6 & 24

181-00-036 Beg 94 feet W of NE Cor E1/2 W1/2 NE1/4

NE1/4 Sec 18 1S 1E W 142 feet S

320 feet E 236 feet N 105 feet

W 94 feet N 215 feet to Beg Exc N

40 feet for Hwy 692.34

181-00-038 N 1026 feet of E1/2 W1/2 NE1/4 NE1/4 Sec 18

1S 1E N 320 feet of E 236 feet & Exc N

40 feet for Hwy 3,431.27

181-00-039 Beg 1154.88 feet W & 1026 feet S

of NE Cor Sec 18 1S 1E S 264 feet

E 494.96 feet N 264 feet W to Beg 1,283.07

181-00-053 Beg 824.8 feet W & 20 feet S of NE

Cor SE1/4 NE1/4 Sec 18 1S 1E W 448.2 feet S

566.2 feet to N Li of Hwy N 73 Deg

32 Min E 618.6 feet N 91 feet W 145 feet

N 295 feet to Beg 467.21

181-00-054 Beg 679.8 feet W of NE Cor SE1/4 NE1/4

Sec 18 1S 1E S 240 feet W 145 feet N

240 feet E to Beg Exc N 30 feet for Rd 1,002.26

181-00-055 Beg 679.8 feet W & 240 feet S of NE

Cor SE1/4 NE1/4 Sec 18 1S 1E S to a Pt

91 feet N of Hwy ROW W 145 feet N to

a Pt W of Beg E to Beg 357.95

181-00-056 Beg 517.8 feet W of NE Cor SE1/4 NE1/4

Sec 18 1S 1E W 137 feet S 388.9 feet

M-L to N li Hwy N 72 Deg 32 Min E alg

Hwy to a Pt S of Beg N to Beg 1,582.22

181-00-057 Beg 354.9 feet W of NE Cor SE1/4 NE1/4

Sec 18 1S 1E W 162.9 Feet S to N Li

Hwy 6-24 N 73 Deg 32 Min E to a Pt

S of Beg N to Beg 249.22

181-05-001 Lots 6 & 7 Blk 1 Ernest Sparn Sub

Sec 18 1S 1E 443.48

181-05-002 W 20 feet Lot 4 and all Lot 5 Blk 1

Ernest Sparn Sub Sec 18 1S 1E 164.03

181-05-007 Lots 8 & 9 Blk 1 Ernest Sparn Sub

Sec 18 1S 1E 437.41

181-05-008 Lot 10 & 11 Blk 1 Ernest Sparn Sub

Sec 18 1S 1E 437.41

181-05-009 Lots 12 & 13 Blk 1 Ernest Sparn Sub

Sec 18 1S 1E 437.41

181-05-010 Lots 14 & 15 Blk 1 Ernest Sparn Sub

Sec 18 1S 1E 437.41

181-05-011 Lot 16 Blk 1 Ernest Sparn Sub

Sec 18 1S 1E 218.71

181-05-012 Lot 17 Blk 1 Ernest Sparn Sub

Sec 18 1S 1E 243.01

181-06-003 Lots 3 & 4 Blk 2 Ernest Sparn Sub

Sec 18 1S 1E 486.02

181-06-004 Lots 5 & 6 Blk 2 Ernest Sparn Sub

Sec 18 1S 1E 486.02

181-06-005 Lots 7 & 8 Blk 2 Ernest Sparn Sub

Sec 18 1S 1E 486.02

181-06-006 Lots 9 & 10 Blk 2 Ernest Sparn Sub

Sec 18 1S 1E 486.02

181-06-007 Lot 11 Blk 2 Ernest Sparn Sub

Sec 18 1S 1E 243.01

181-06-008 Lot 12 Blk 2 Ernest Sparn Sub

Sec 18 1S 1E 243.01

181-06-001 Lot 1 Blk 2 Ernest Sparn Sub

Sec 18 T1S R1E 243.01

181-06-002 Lot 2 Blk 2 Ernest Sparn Sub

Sec 18 T1S R1E 243.01

181-00-944 Beg at NE Cor E1/2 W1/2 NE1/4 NE1/4

Sec 18 T1S R1E; thence West 94 feet; thence

South 215 feet; thence East 94 feet;

thence North 215 feet to POB 668.51

ALLEY WEST OF 20TH STREET FROM ORCHARD AVE TO WALNUT AVE

121-16-019 Lot 1 Sungold Park Sub Sec 12 1S 1W 274.14

121-16-020 Lot 2 Sungold Park Sub Sec 12 1S 1W 114.71

121-16-018 Lot 3 Sungold Park Sub Sec 12 1S 1W 194.41

121-16-017 Lot 4 Sungold Park Sub Sec 12 1S 1W 194.40

121-16-016 Lot 5 Sungold Park Sub Sec 12 1S 1W 194.40

121-16-015 Lot 6 Sungold Park Sub Sec 12 1S 1W 194.40

121-16-014 Lot 7 Sungold Park Sub Sec 12 1S 1W 194.40

121-16-013 Lot 8 Sungold Park Sub Sec 12 1S 1W 194.40

121-16-012 Lot 9 Sungold Park Sub Sec 12 1S 1W 194.40

121-16-011 Lot 10 Sungold Park Sub Sec 12 1S 1W 194.40

122-00-942 The East 150 feet of Lots 11 & 12 Blk

4 Fairmount Sub Sec 12 T1S R1W 1,944.07

122-00-057 The East 150 feet of a 60 foot strip of

land adj. to & S of Lot 28 Blk 8 Fairmount Sub. 194.40

ALLEY EAST OF COLLEGE PLACE NORTH OF ELM AVE

114-04-014 Lot 28 & E 4.52 feet of Lot 29 South

Garfield Park Sub 209.44

114-04-966 The part of Lot 12 of South Garfield

Park Sub West of College Place all of

Lot 13, 14, 15, 16, 17, 18, 26 & 27

and the West 99.58 feet of Lot 29 all

in Garfield Park Sub City of Grand Junction 2,155.64

114-04-967 Lot 25 South Garfield Park Sub 227.36

ALLEY BETWEEN MESA AVENUE & TEXAS AVE FROM COLLEGE PLACE TO 12TH ST

114-04-966 All of Lots 1 through 18, Inc., Block 5,

Garfield Park Sub City of Grand Junction 2,100.69

ALLEY E OF 5TH ST BETWEEN STRUTHERS AVE & NOLAND AVE

232-03-001 Lot l Blk 2 South 5th Street Sub. $ 328.25

232-03-002 Lot 13 & N 63.03 feet of Lot 14

Blk 2 South 5th St Sub 388.49

232-03-007 S 195.75 feet of Lot 14 Blk 2 So 5th St Sub 437.51

232-03-008 Lot 2 Blk 2 South 5th St Sub 244.30

232-03-010 Lot 3 Blk 2 South 5th St Sub 162.01

232-03-011 Lot 4 Blk 2 South 5th St Sub 243.01

232-03-012 Lot 5 Blk 2 South 5th St Sub 338.60

232-03-013 Lot 6 Blk 2 South 5th St Sub 355.76

232-03-014 Lot 7 Blk 2 South 5th St Sub 147.26

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND

JUNCTION:

Section 1. That the assessable cost and apportionment of same, as herein-

before set forth, is hereby assessed against all the real estate in said District, and to and upon each lot or tract of land within said District, and against such persons and in the portions and amounts which are severally hereinbefore set forth and described.

Section 2. That said assessments, together with all interests and penalties for default in payment thereof, and all cost of collecting same, shall from the time of final publication of this ordinance, constitute a perpetual lien against each lot of land herein described, on a parity with the tax lien for General, State, County, City, and School taxes, and no sale of such property to enforce any General, State, County, City, or School tax or other lien shall extinguish the perpetual lien of such assessment.

Section 3. That said assessment shall be due and payable within thirty

days after the final publication of this ordinance without demand; provided that all such assessments may at the election of the owner, be paid in installments with interest as hereinafter provided. Failure to pay the whole assessment within the said period of thirty days shall be conclusively considered and held an election on the part of all persons interested, whether under disability or otherwise, to pay in such installments. All persons so electing to pay in installments shall be conclusively considered and held as consenting to said improvements, and such election shall be conclusively considered and held as a waiver of any and all rights to question the power and jurisdiction of the City to construct the improvements, the quality of the work, and the regularity or sufficiency of the proceedings, or the validity or correctness of the assessment.

Section 4. That in case of such election to pay in installments, the

assessments shall be payable in ten equal annual installments of the principal, with interest upon unpaid installments payable annually at the rate of 3.25% on Bonds No. 1 through 26, inclusive, 3.50% on Bonds Nos. 27 through 46, inclusive, 3.75% on Bonds Nos. 47 through 62, inclusive, 3.90% on Bonds 63 through 76, inclusive, 4% on Bonds Nos. 77 through 89, inclusive, 4.20% on Bonds Nos. 90 through 102, inclusive, 4.40% on Bonds Nos. 103 through 112, inclusive, 4.60% on Bonds Nos. 113 through 120, inclusive, 4.80% on Bonds Nos. 121 through 125, inclusive, 5% on Bonds Nos. 126 through 130, inclusive on the "A" coupon plus an interest as evidenced by interest coupon designed "B" for the period September 1, 1972 through August 1, 1973 at the rate of 1.525% per annum. The first of said installments of said principal shall be due and payable within ninety days after the final publication of this ordinance and the remainder of said installments shall be due on the first day of January of each year thereafter until all of said installments are paid in full.

Section 5. That the failure to pay any installments, whether of principal or interest, as herein provided, when due, shall cause the whole unpaid principal to become due and payable immediately and the whole amount of the unpaid principal and accrued interest shall thereafter draw interest at the rate of ten per cent per annum until the day of sale, as by law provided; but at any time prior to the day of sale, the owner may pay the amount of such delinquent installment or installments, with interest at ten per cent per annum as aforesaid, land all penalties accrued, and shall thereupon be restored to the right thereafter to pay in installments in the same manner as if default had not been suffered. The owner of any piece of real estate not in default as to any installments, may at any time pay the whole of the unpaid principal, with interest accrued.

Section 6. That payment may be made to the City Treasurer at any time

within thirty days after the final publication of this ordinance, and an allowance of six per cent added for cost of collection and other incidentals shall be made on all payments made during said period of thirty days.

Section 7. That monies remaining in the hands of the City Treasurer as the result of the operation and payments under Improvement District No. ST-72 after the retirement of all bonds and proper payment of monies owing by the District shall be retained by the Treasurer and shall be used thereafter for the purpose of further funding of past or subsequent improvement districts which may be or may become in default or for such other purposes as the City Council of the City of Grand Junction may from time to time direct.

Section 8. That all provisions of Ordinance No. 178 of the City of Grand

Junction, as amended, being Chapter 18 of the Code of Ordinances of the City of Grand Junction, Colorado, shall govern and be taken to be a part of this ordinance with respect to the creation of said Improvement District No. ST-72, the construction of the improvements therein, the apportionment and assessment of the cost thereof and the collection of such assessments.

Section 9. That this ordinance, after its introduction and first reading

shall be published once in full in the Daily Sentinel, the official newspaper of the City, at least ten days before its final passage, and after its final passage it shall be numbered and recorded in the City ordinance record, and a certificate of such adoption and publication shall be authenticated by the Certificate of the publisher and the signature of the President of the Council and the City Clerk, and shall be in full force and effect on and after the date of such final publication, except as otherwise by the Charter of the City of Grand Junction provided.

Introduced and read at a regular meeting of the City Council of the City

of Grand Junction, Colorado, held on the 17th day of January, A.D., 1973.

Adopted and approved the 7th day of February, 1973.

/s/Stanley R. Anderson

President of the Council

ATTEST:

/s/ Neva B. Lockhart

City Clerk

I HEREBY CERTIFY that the foregoing ordinance, being Ordinance No. 1452,

was introduced, read and ordered published by the City Council of the City of

Grand Junction, Colorado, at a regular meeting of said body held on the 17th

day of January, 1973, and that the same was published in The Daily Sentinel, a newspaper published and in general circulation in said city at least ten days before its final passage.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official

seal of said City this 8th day of February, 1973.

/s/ Neva B. Lockhart

City Clerk

Published: January 21, 1973

Final Publication: