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(4) It is hereby found, determined and declared that the
<br />total cost s4 Waterworks Improvement No 1960 3, including contract
<br />costs, legal, engineering and fiscal costs, incidental and contingent
<br />costs, 4114 54,420.00 for interest during construction is 5265,74$1
<br />that rot Less than 5235,000 of the cost of said improvement will be
<br />asses against properties specially benefited by said improvement,
<br />payable in 13 equal installments with interest at the rata of 6 per
<br />cent pen *Engem from the data of the adoption of said assessments to
<br />December 31, 1962, to be added to the first iaatalleent, and one year',
<br />interest on the unpaid balance to be added to each subsequent iastall-
<br />mentl that it is hereby determined that not less than 5000 of said
<br />sp. &al rasa are x 311 b in ve le and available for payment of con-
<br />struction o°a.
<br />(5) It is hereby found, determined and declared that the
<br />total cost of Waterworks Improvement No. 1960 2, including easttact
<br />coats, legal, engineering and fiscal costa, incidental and contingent
<br />costs, and 55,564.00 2or interact during construction in #321.266,
<br />ihet ;.ot Lena thee #284,000 of the cost of said improvement will be
<br />asses against properties specially benefited by said improvement,
<br />payable in 15 equal installments with interest at the rate of 6 per
<br />cent per an free the date of the adoption of said assessments to
<br />December 31 1961, to be added to the first installment, and one ysar'6
<br />interest on unpaid balance to be added to each subsequent install
<br />meatt that it is hereby determined that not less than 540,600 of said
<br />epeeital assessments will be prepaid and available for payment of con-
<br />struction costa.
<br />(6) she previously determined cost of waterworks Improve
<br />meat Mo. 1 1 14701,367) should be and is hereby tncre to
<br />$7$1,312 by we of additional expanse incurred or to be incurred
<br />in the constaastisaz of mains connecting the wells to the water storm
<br />facilities other appurtenances to the water supply and star
<br />facilities. It is further determined and declared that the mat of
<br />asessaments lss against property specially benefited by said iapsove-
<br />aeatp (.u:.p sonfi September 12, 1960) is 5512,620 or ,620.
<br />r than previously estimated, which additional assns nts will be
<br />payable in without interest, if paid within thirty days after
<br />adeptigah or is 15 equal instal nts with interest at the rate of 6 per
<br />at It date of adoption to Dec+saber 31, 1961 to be
<br />to the first tallrmsnt one year's interest to each
<br />instal at.
<br />-1®
<br />tantiLlly ly this following fan.
<br />(7) To defray the e noes incurred or to beincurred is
<br />the sonstrustion of Waterworks Improvements $o. 1960 1, 2 3,
<br />it is hereby found, determined °P declared that it is
<br />eat for the Village to borrow money and issue its general li-
<br />gation, nagotiable coupon, Waterworks rev nt LA the =t
<br /> a.. of 5565,000, that this Council shall t at the t
<br />in the fora of notice hereinafter contained for the
<br />of Lying considering as bids for and awarding thy, of
<br />t the Clar'c is reby authori x. dtrec to cause
<br />no ting to be publi in the official news
<br />in et, publi Lev ,a lie, a nneeota, at
<br />not later a:_ 10 days prior to data of meeting, w
<br />k, 11 be is
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