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AN 0P~DINA/~CE determining 'to proceed' with, ~a~d levying and asses~ <br /> <br />BE IT 0HDAINED by the Council of the City Of Lakewood, County of <br /> State of Ohio, three-fourths of all mer.~bers concurring: <br /> <br />Cuy~hoga, <br /> <br />Section I: <br /> <br />here_by de~.ermine~ tQ pr~c~ with the <br /> <br />£n accordance ~ith Resolution N6.~$[~ ~dcpted ~L~ ~i ~ , <br />~nd in accordance with plans, specifications, estimates ~nd ~rofiles <br />heretofore approved and nm-. o~ file ~ the office of the Director of <br />Public ~orks. <br /> <br /> Section' · m . .~ <br /> 2. ~hat ~lI c~z..s ~. dsn,ages resu±t~g from sa~d <br /> ment ~all be ~ud~c~al~y ~nq..~ed ~nto ~ftcr the cozaplet~on thereof <br /> and thcs'the Director of P~b!ic Works be ~n~ he ~s hereby authorized <br /> and directed to enter into contract for ~aid in~provemen~ in the <br /> manner provided by law, Which imorove:~ent in accordance ~ith Article <br /> 1~, 'Section 16 of' 'the Chsr%sr ?~ been estimated by ~he Director of <br /> Public ~orks to h~ve a life of J~ years. <br /> <br /> SeCtion ~: T~at for the ourpoee ct' payin~ the cos% ~nd expense of <br /> s~id ~mprovement there ~S hereb~, iev~ .~ ..... '-~ <br /> ............ ~ ~ ~-,,~ ~oo~o~ a special <br /> assessment upo~ the several' I~s and'~ls of l~dJ~a$ig~ted <br /> and in ~ccord~nce'~i~h ~he ~i~'~im&~d ~s'Se~sment (No. ~V ), as ~de <br /> for that purpose by t~ Director of Finance ~nd roco~ende~ to <br /> C~by the Board of Revision 0f Assessments ~md m~reEati~ <br />$ '~ .. o~d es~immt~d assessment ~s .e~eby determined to <br />~ve been m~de on the b~sis df'special ~nefits conferred by ~aid <br />i~prov~nent on ~he seve~I' percale of i'~nd thdrein described m~ <br />~e s~e is herein confirmed, adopted and approved. <br /> <br />Section 4: That ~he o~ners of the several lots or p~ce!s of l~d <br />included in 8~id mssessm~nt shall pay the ~ounts from ~severally <br />due'as sEown by col~n ~3 of's~id'estim~ted mssessment ~ to the <br />City Treasurer on or before thirty d~ys from the d~te of the Dass~e <br />of ~h~'ordin~nce, ~t 'their'option, ~nd ~ default'thereof said speclal <br />~essment ~i'th int'erest mt the rate cfm per cent~ per ann~upon <br />de~e~red'pa~en't~'sh~l-be pkyab!e ~0 the Count~sur~.~ ~ <br />~nu~ installments, with t~ regular taxes of &~g to A~ both <br />inclusive. <br /> <br />8edtfon 5~ That s~id annuml p~ents of said mssessments ~nd all <br />portions t~ereof an~ inte~est~t~e'reon zhmll be applied to ~e pa~ent <br />of b'dnds ~o b~ ~ssued in'~ticfpation of the collection thereof <br />t~e'interd~t thereon as the s~me shmll become due and to no other <br />purpose w~tsoever. <br /> <br />Section 8: This ordinance shaI1 be in Full force ~ effec~ ~rom <br />~nd mfter the earliest period allo~ed by <br /> <br />Adopted:., E~Xo~ ~, <br /> '" President <br /> <br />Approved :' , .... :: 'C1 ~rk <br /> Mayor .-- <br /> <br /> <br />