The Commissioners of Ridgely may contract to
install curb and gutter along the streets and sidewalks of said Town
and the width thereof. The costs of such installation shall be charged
against the abutting property and assessed per foot of improvement.
The rate for the installation of curb and gutter
shall be that as established from time to time by the Commissioners
of Ridgely by resolution.
The rate so established by the Commissioners
of Ridgely shall bear reasonable relationship to the actual costs
of labor and materials purchased for installation and may include
reasonable amounts for overhead and supervision.
The Town Clerk/Treasurer shall bill the abutting
owners the improvement costs for curb and gutter at the rate from
time to time established by the Commissioners of Ridgely. Abutting
owners may elect to pay the improvement assessment over a three-year
period. Interest will be charged the abutting owners on any amount
outstanding at the end of one year from the date of the original billing
at a rate now or hereafter set by the Commissioners of Ridgely by
resolution.
The assessment for the curb and gutter improvements
shall be a lien upon the abutting property and shall be collectible
in the same manner as other Town taxes are now collectable in the
Town of Ridgely as prescribed by law.