Municipal Life And Government in Germany

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The town further reserves a special right of re-purchase for a period of 200 years in regard to front garden ground in the event of its being needed for street improvements. Ulm began to build in 1894, when the town council assigned a vote of 10, 000 for this purpose, and it has now built and sold some 175 dwellings to artisans, factory and other workmen, small officials, and others. Two types of houses are built two-story houses containing two dwellings, each with two rooms and a kitchen, etc.... , and a garden, costing with the land 300 ; and one-story houses, likewise containing two dwellings of the same size, costing 410. Buyers are expected to pay 5^ per cent, on the purchase price yearly, 3 per cent, as interest and 2| in repayment of loan, making a payment of 16 IDS. And 22 us. Respectively for the two types of buildings. An additional sum of from 3 to 4 is payable for repairs, taxes, and water. It is required by the contract of sale that the buyer shall live in one of his two dwellings, and he may not charge for the other a higher rent than the town council approves ; if these and other conditions are not faithfully observed the town can exercise the right to buy back the land with the building.

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