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<br />.,t ., <br /> <br />it will let all construction contracts not heretofore let <br />within one (1) year after ordering each Improvement financed <br />hereunder unless the resolution ordering the Improvement <br />specifies a different time limit for the letting of construc- <br />tion contracts. The City hereby further covenants and agrees <br />that it has done and performed as soon as they may be done, <br />all further acts and things which may be necessary for the <br />final and valid levy of such special assessments, and in the <br />event that any such assessment be at any time held invalid <br />with respect to any lot, piece or parcel of land due to any <br />error, defect, or irregularity in any action or proceedings <br />taken or to be taken by the City or the City Councilor any of <br />the City officers or employees, either in the making of the <br />assessments or in the performance of any condition precedent <br />thereto, the City and the City Council will forthwith do all <br />further acts and take all further proceedings as may be <br />required by law to make the assessments a valid and binding <br />lien upon such property. The special assessments were hereto- <br />fore authorized. The special assessments have heretofore been <br />levied and are payable in equal, consecutive, annual install- <br />ments, with general taxes for the years shown below and with <br />interest on the declining balance of all such assessments at a <br />rate per annum not less than 8.95% per annum: <br /> <br />Improvement Collection <br />Designation Amount Levy Years Years <br />82-12 $136,023.92 1988-2002 1989-2003 <br />84-33 31,735.94 1988-2002 1989-2003 <br />85-14 184,374.25 1987-2001 1988-2002 <br />85-31 111,505.61 1988-2002 1989-2003 <br />86-10 77,803.77 1988-2002 1989-2003 <br />86-20 239,121.99 1988-2002 1989-2003 <br />86-21 37,416.02 1988-2002 1989-2003 <br />86-22 274,915.10 1988-2002 1989-2003 <br />86-23 93,480.47 1988-2002 1989-2003 <br />86-24 61,533.82 1988-2002 1989-2003 <br />86-25 4,020.00 1988-2002 1989-2003 <br />86-26 61,533.82 1988-2002 1989-2003 <br />86-27 60,601.04 1988-2002 1989-2003 <br />86-28 33,614.67 1988-2002 1989-2003 <br />86-29 122,496.68 1988-2002 1989-2003 <br />86-30 431,769.06 1988-2002 1989-2003 <br />86-31 35,680.04 1988-2002 1989-2003 <br />86-32 67,822.40 1988-2002 1989-2003 <br />86-33 53,114.61 1988-2002 1989-2003 <br />86-35 598,787.22 1988-2002 1989-2003 <br />86-40 104,944.27 1988-2002 1989-2003 <br />86-41 61,381.67 1988-2002 1989-2003 <br />86-42 142,122.82 1988-2002 1989-2003 <br />86-50 299,481.27 1988-2002 1989-2003 <br />87-06 80,838.43 1988-2002 1989-2003 <br />TOTAL $3,406,118.89 <br />