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Section 3. The Director of Finance is hereby directed to prepare and <br /> issue certified tax bills for that portion of the work which is said to be <br /> paid for by special tax bills, under the seal of the City in favor of said <br /> Rhoades Asphalt Paving Co. Inc. , contractor, against each lot or parcel of <br /> land abutting Milan. Avenue between the limits hereinbefore mentioned, in the <br /> name or names of the owner or owners thereof, each of the said tax bills shall <br /> be numbered, shall give. the name or names. _of the owner or owners, number of <br /> the lot or description of the parcel_ of .land, and the name of the subdivision <br /> in which the. lot or .par.cel .of land. is located., .rate _of assessment per linear <br /> foot and the amount of special taxes_ . assessed against each lot or parcel of <br /> 3 <br /> land.; said..certified special .tax .bills when issued, shall be signed by the <br /> c <br /> Director of Finance and .att.ested by the City Clerk. <br /> Section 4. When said special tax bills are properly executed and <br /> registered .in the -office of the Director_ of Finance, they shall be delivered <br /> by the Director of. Finance to . .said._ ..Rhoad.es_ Asphalt Paving Co. Inc. , <br /> contractor, in full payment_ for that part. .of. .the work which is to be paid for <br /> by special tax bills, for all materials furnished, .work done and improvements <br /> made by the said Rhoades, Asphalt Paving Co: Inc. , contractor, under their said <br /> contract. Every such certified tax bill, whether the same be made payable <br /> installments or not, shall bear interest at the rate of Eight (8) per centum <br /> per annum on the unpaid balance f.rom. thirty (30) days..after the date of issue <br /> until paid, and shall.b.e_.a s:p:ecial lien _agains.t .the. pi�operty described therein r <br /> f <br /> from the date of issuance until paid. As._to bills payable in annual install- <br /> ments, the first .instal.lment._shall mature. and. become. due and payable thirty <br /> (30) days after date, of issue,. with inte.res.t thereon at the rate of Eight (8) <br /> per centum per annum.f.rom. maturit..y.._un.t.il...p.aid..an.d..the_ _ remaining installments, <br /> at consecutive one. (1)_ year intervals thereafter, not to exceed ten (10) <br /> installments with .interest thereon at. the rate of Eight (8) per centum per <br /> annum beginning thirty -(30) . days after date of issue.. Every such certified <br /> tax bill shall, on action brought to recover the amount due thereon, be prima <br /> facie evidence of the validity of the charges against the property therein <br /> described and all matters recited in said bill. At the option of the <br /> contractor, the City will buy said special tax bills at par, any time within <br /> thirty (30) days after the date of issue. <br /> 6 <br />