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Last modified
7/20/2016 2:06:54 PM
Creation date
7/20/2016 2:06:40 PM
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Resolutions
Number
549
Date
1969-10-06
Description
Intention to Acquire Improvements - Sewer Assessment District No. 4
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4 <br /> benefits to be received by such subdivisions, respectively, from <br /> said acquisitions, and of the expenses incidental thereto . <br /> When any portion or percentage of the cost and expenses of <br /> the acquisitions is to be paid from sources other than assess- <br /> ments, the amount of such portion or percentage shall first be <br /> deducted from the total estimated cost and expenses of said acqui- <br /> sitions, and said assessment shall include only the remainder of <br /> the estimated cost and expenses . Said assessment shall refer to <br /> said subdivisions by their respective numbers as assigned pursuant <br /> to subdivision (c) of this Section, <br /> 9 . If any excess shall be realized from the assessment it <br /> shall be used, in such amounts as the Council may determine, in <br /> accordance with the provisions of law for one or more of the follow- <br /> ing puroses : <br /> (a) Transfer to the general fund of the Town, provided <br /> that the amount of any such transfer shall not exceed the lesser <br /> of $1, 000 or 5% of the total amount expended from the improvement <br /> fund; <br /> (b) As a credit uponthe assessment and any supplemental <br /> assessment; or <br /> (c) For the maintenance of the improvements . <br /> * * . * * * * * * * * * * <br /> 3 <br />
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