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<br /> WHEREAS, in accordance with Section 31-25-503(3), <br /> C.R.S. , it is necessary that a preliminary order be made, adopt ing <br /> full details and specifications, describing the ma ter ia1s to be <br /> used, determining the number of and times in which the cost of the <br /> improvements shall be payable, the rate of interest to be paid on <br /> unpaid and deferred installments, and the pr oper ty to be assessed <br /> for the cost of the impr oveffie n ts , and setting forth estimates of <br /> cost and a schedule showing the approx imate amounts to be assessed <br /> on the lots or parcels of property wi thin the district; and <br /> WHEREAS, this ordinance shall constitute the preliminary <br /> order reg uired by law; <br /> BE IT ORDAINED BY THE CITY COUNCI L OF' THE CITY OF <br /> LOUISVILLE, COLORADO: <br /> Section l. Creation of District. Pursuant to Se ct ion <br /> 31-25-501 et seq., C.R.S. , and the Petition, a special impr oveme n t <br /> d i s tr i c t for the construction and installation of certain s tr e e t <br /> paving, street lighting, signalization, sidewalk, median, curb and <br /> guttf=r, and wa ter facilities, along with necessary incidentals <br /> (the "Project") , is hereby created and established, and shall be <br /> known and designated as "Special Impr oveme nt Di str ict No. 1985-1" <br /> (the "District"). <br /> Section 2. Boundary of District. The land within the <br /> District shall consist of the real pr operty descr ibed as fo llows : <br /> - 3 - <br />