20-71 Levy special assessments to improve Rio St.

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ORDINANCE NO. 20;71 BY: Messrs. Grsber, 'Huffman, Usher~ Ward, Gaydos AN ~RGEE;CY ORDIN~ICE to levy soecial assessments for ~he im- provement of Rio Street in mhe City of Lak~woo~, Ohio, between certain termini by the necessary grading of the base, resurfacing with asphaltic concrete including %he necessary replacemen~ and resetting of castings and the necessary resetting and replacing of curbs ~ogether with ~he necessaz~y appurtenances ~hereto. WHERE,, this Council by ~wo-thirds vote of the members elected thereto dete~mines that ~his ordinance is au emergency measure which is necessary for the ir~edia~e oreservation of ~he.~ublic oeace, proper~y, health ~ud safe~y and for the ~h~rther reason ~hat the assessments'herein provided for must be promptly levied'in order ~o retire outstanding no%es by the issuance of bonds and ~hereby preserve~the credit of the City. NOW, THEP~FORE, BE IT 0EDAiNEDby the Council of'the City of Lakewood, Cuyahoga County, State of Ohio: Sectionl. That the assessmen~ of the cost and expense of improving Bio Street from Detroit .Extension ~o Sounherly ~erminus in the City of Lakewood, Ohio, by the necessary grading of the base, resurfacing~i~h asphaltic concrete including the necessa~y ~replacemen~ ~nd rese~ing of castings and the necessary rese~zing ~nd replacing of curbs toge=her with -the necessaz~y appurtenances thereto as set forth in Resolution No. 4761 adopted by this Council on February 16, 1970 and ar~oun=ing in the aggregate to $2,113.bl as reported to'this Council on the 15th day of March, 1971, by the Direc=or of Finance, be and the same is hereby adopted and confirmed, and that there be and are herebylevied ~nd assessed uoon the lots and lands bounding and abutting upon said improvemen~ the several ar~oun~s reported as aforesaid, which assessments and the description of said lots and lauds are now on file in the office of ~he Clerk of Council and which assessments are in proportion to the sneci~_l benefits, ~nd are mom in excess of any statutory limitation'. Section 2. ~nat the total assessment against each lot or parcel of l~ud shall be payable in cash no= later than May 15, 1971, or at the option of the owner, in five annual installments with interest at the same rate as shall be borne by the bonds to be issued in anticipation of the collection of the same. All cash payments shall be made to the Director of Finance of said City. All assessments and installments thereof remaining unpaid a~ the expira~ion~of said-period shell be certified by the Director of Finmnce ~o the County Auditor as provided by law ~o be placed by him on the tax duplicate and collected as other ~axes are collected. Section B. This ordinance, having been determined to be an emergency measure, shall be in full force and effect from mud immediately after its passage and approval by the Mayor. Passed: March 15, 1971 ~/ -~1- ~i e~ pre~ide~n~ of Council Approved: '~f~ /~, I~ ?1 ~~ ~~t~L~' l Clerk of ~6uncil l~Iayor