30-67 Improve certain properties for off street parking

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-2- plans, specifications, estimates and profiles heretofore approved snd now on file in the office of the Director of Public Worksj t~e character of the materials to be bid upon for the paving is asphaltic concrete and for the curbs is stone or concrete as shown on the plans, and reference is made to said plans and specifications for the character of the other materials for such improvement. Section S. That the Board of Revision of Assessments has reported to this Council that no claims for damages resulting from the improvement have been filedj but if it should be determined that any claims have been filed, they shall be inquired into before the com~encment of the proposed improvement, and the Director of Law shall be, and he is hereby authorized and directed to institute legal proceedings in a court of competent jurisdiction to inquire into any claims so filed. Section 4. That not more than 98~ of the whole cost of said improve- ment shall be assessed by the percentage of the tax valuation upon the following described lots and lands, to wit: The property now or formerly owned by Harry Miller and Rose Miller and conveyed to them by deed recorded in Volume 9486 at Page 166 of Cuyehoga County Deed Records and filed for record on March 26, 1959, by John A. Kupchik and Genevieve Kupchik and conveyed to them by deed recorded in Volume 11S45 at Page 679 of Cuyahoga County Deed Records and filed for record on October 2S, 1964, by Willy I. Sapell and Phyllis L. Sapell and conveyed to them by deed recorded in Volume lll87 at Page 569 of Cuyahoga County Deed Records and filed for record on September 10, 1964, and by Mary Petrinka and conveyed to her by deed recorded in Volume 867S at Page 7S5 of Cuyahoga County Deed Records and filed for record on August ~l, 1956, which said lots and lands are hereby determined to be specially benefited by said improvement; and the cost of said improvement shall include the cost of preliminary and other surveys, plans, specifications, profiles and estimates and of printing, serving and publish- ing notices, resolutions and ordinances, the amount of damages resulting from the improvement assessed in favor of any owner of land affected by the im- provement and the interest thereon, the costs incurred in connection with the preparation, levy and collection of the special assessments, the cost of pur- chasing, appropriating, snd othez~ise acquiring therefor any required real estate of interests therein, payment of ad valorem taxes, expenses of legal services including obtaining an approving legal opinion, cost of labor and material and interest on bonds and notes issued in anticipation of the levy and collection of the special assessments together with all other necessary ex- penditures. Section 5. That the list of estimated assessments as heretofore pre- pared bythe Director of Finance and included in the report of the Board of Revision of Assessments be and the same is hereby approved and the assessments so to be levied shall be paid in fifty (50) semi-annual installments, with interest on deferred payments at the same rate as shall be borne by the bonds to be issued in anticipation of the collection thereof, provided that the owner of any property to be assessed may, st his option, pay such assessment in cash within thirty (30) days after the passage of the assessing ordinance. Section 6. That obligations of the City shall be issued, in anticipation of the collection of special assessments by installments and in an amount equal thereto, for the purpose of providing funds to pay the cost of this improvement. Section 7. That the remainder of the entire cost of this improvement, after application of the assessments herein provided shall be paid by the issuance of notes and bonds of the City in the msnner provided by law. Section 8. That pursuant to Article XIV, Section 16 of the Charter of the City, the Director of Public Works ~ heretofore certified to this Council thst his estimate of the life of the improvement described in Section 1 and 2 hereof is twenty-five (25) years.