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00—. LUOUCWT <br />ORDINANCE NO. 7258 (Contd) <br />SECTION 4. The cost of construction of such improvement <br />shall be assessed against the property within the district <br />abutting upon the easement or other right -of -way within which <br />such sanitary sewer main will be constructed within such sewerage <br />district, to the extent of benefits to such property by reason of <br />such improvement, and a special tax shall be levied at one time <br />to pay for such cost of construction as soon as can be ascer- <br />tained, as provided by law; and, provided further, such special <br />tax and assessments shall constitute a sinking fund for the <br />payment of any bonds with interest, issued for the purpose of <br />paying the cost of such saw-sr in such district; such special <br />assessments shall be paid and collected in a fund to be <br />designated.and known as a Sewer and Water Extension Fund, and, <br />out of which all warrants issued for the purpose of paying the <br />cost of such sanitary sewer shall be paid. <br />SECTION 5. This ordinance shall be in force and take effect <br />from and after its passage, approval, and publication, without <br />the plat, as provided by law. <br />SECTION 6. This ordinance, with the plat, is hereby <br />directed to be filed in the office of the Register of Deeds of <br />Hall County, Nebraska. <br />SECTION 7. After passage, approval, and publication of this <br />ordinance, without the plat, notice of the creation of said dis- <br />trict shall be published in the Grand Island Daily Independent, a <br />legal newspaper published and of general circulation in said <br />City, as provided by law. <br />Enacted 2 June 1986 <br />i� <br />1 , <br />ill Wright, ayor <br />ATTEST: <br />R. E. Thouas, Deputy Clerk <br />2 <br />