1639 - 20 Amend sect 5 of ord 1591 - Improve Wyandotte

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') Armstrong .BYQ. 10. 1639 ( ORDINANCE j." ,j" ,þu O,éDUjANCE to am.nd S..Uon , of O:rdimmCé No. 1,91 entitled, "MI i~llmnIA:NCE dete1'i!lining 'to p:r:oceed wUh. and levying lil.nd $.$!JosBlng a IIpeoid tax to pay the O(lst a.nd txpenss of improving Wyandotte Avenue between J4adison Avenue and FilHlher Roa.d, by paving alll!1e with brick, or bituminous oonorete, or sheet asphàlt, or asphalt. block. or bithulithio or oement con~ o"te, ~oirg, a.ny a.nd IÙl gradinß. drø.ining. eu:rbing, .lncidental a.nd neoessary t4e:reto; an~ authorizing the Mayor and D1reotor of Finanoe to issue bonds in the el.Un of ~34,130.00 in anticipation of the sold øpeoial hx to provide a 1'urld for the :pa.yment of' the }'IortioH of the oost ofl!H~id improvement fer which said IIIpeo1,al tu 10 levied. "litnd rèpéa.ling oaid odginal a$otion 5 of Ord.. 1nan08 No. 1591 and ~eclaring an $¢ergenoy. ßtate of Ohio two- the¡ City of ~kewol)d. .. COUNC:U. o:r conourring: BE IT R;~:30~V])D BY 1'm¡; \birds or all members 1920 by n.dopJ¡¢d Uay 17. Section 1: 'thn.t Seotion , of Ordinanoe No. 1,91 the CounQil of t40 city of Lakewood. ent:!,tled: -AN o lID INAJT CE determining to prooeed with, and levying and a$aesa~ng a .peoinl tax to pay the coat and expense of improving Wy¡\ndotte Avenue between MíJ.dison AVi.JflUO a.nd Fischer Road. by pavin!3 ø:J'.3!1e with brick ør 'Pi tum.lnoua oonorete. or øheet asphalt, or asphalt b1Qok, or bithul1thic or cementoone fI:rete. dóinß any and ø.ll grad.lng, dra.ining. ourbing, incidental and neOelH¡ary thereto; and a.uthorizing tM Mayor and Director of Finanoe to isaue bonda in the .WI! of $34,130.00 11'1 a~tioipation of thesddspooia.l tax to provide a. fund for ~1e payment of the portion of the ooat of aaid improveme~t ior which liIaid IiIPlòoial tu ialevhd," hereby amended to read as follows: Seotion,; thßt to provide a fund for the payment of the portion of the oo..t a.nd expense for which the speoial ßSë;c..sment herein is levied for sü.id improvement, the j;\'ayo!" and JJirector of Firn¡.noø 'be and they are hereby fuflthore izad to iasue 40 bonds of' the City of Lakewood, Ohio. in the aggregate s~ Of $34,130.00 of' which bonda three Qon¡ia in the SWl! ofU.OOO.OO each and one bond in the sum of $413.00 are due and payaòle on October 1, 1921 and three bonds in the Bum flf $1,000.00 eaoh, and one bond in the sum of $413,00 shall Òe payable each yeßr thereafter with inte:1:'eet thereon at the rata of 6 per olimtum per c.nnum. payabJ¡e semi-annually on April 1. and Ootober :1 eaoh yef),r. \!.ntil all of the said bonds have been duly paid and t:etired. Said benG 80 autho·rized to be 1soued ahall be dtded j~òvember 1, 1920 shall be signed and sold by sAid offioerø as provided by law and the proooeda thereof 3111).11 'be applied to tho paY@<mt of the Qost and exþenaa of' øe.i<1 improvement no a.for. liIaid.and to no other purpose whatsoever. The full faith anù revenue and all the real and personal property of the City of Lakewood. Ohio. are hereby pledged to the payment of said bonds and the interest thereon. If wi thin the time above syeoified and before the liIale øf add bondl>, any of tho owner¡¡ of $r.id property shall pay their totf.l asscssraent in o!!;uh, the aggrega.te sum in bonds to be i<'HJ1led shall be rod1Äced by dedu01;inc: the amount so paid in oash from the total !,u110\.l.nt of the fund to be þroviùed and the 'bonds issued shall be oevera.J:.ly reduoed in II.mount proportionately. 'þèand the same is Section 2: tha t$a.$.d original Section $ of Ordinance :No. 159110 hereby repea.led and that this ordln::mcø ;1.0 høreby declared to te an emørgency meaIlur· neoesut,ry for the im:m.edh,te px'esarvatior¡ of the public property and aHfety and shall be in force and effect On anti after the pas:Jllga a.nd Qþproval by the M.ayor. . A !j.e!1:and I'rfJöidëñt - A. O. Guild Clerk 192.0 1 . Nov .............. . . Adopted - },f.å.yor Approved;