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Section 4. That the benefited footage of lots on Arliss, Cove, <br />Emerson, Seneca and Williamson shall be assessed at the rate of $6.50 per foot <br />of frontage; that the benefited footage of lots on Carabel, Waterbury and <br />Woodward shall be assessed at the rate of $5.50 per foot of frontage; and the <br />benefited footage of lots on Athens and Ciohassett shall be assessed at the <br />rate of $4.50 per foot of frontage for this improvement, to wit: All lots <br />and lands bounding and abutting upon the proposed improvement between the <br />termimi aforesaid, which said lots and lands are hereby determined to be special- <br />ly benefited by said improvements; and the cost of said improvement sh~all include <br />the cost of preliminary and other surveys, plans, specifications, profiles, and <br />estimates and of printing, serving and publishing notices, resolutions and <br />ordinances, the amount of damages resulting from the improvement assessed in <br />favor of any owner of land affected by the improvement and the interest thereon, <br />the costs incurred in connection with the preparation, levy and collection of <br />the special assessments, the cost of purchasing, appropriating, and otherwise <br />acquiring therefor any required real estate or interests therein, expenses of <br />legal services including obtaining and approving legal opinion, cost of labor <br />and material and interest on bonds and notes issued in anticipation of the <br />levy and collection of the special assessments together with all other necessary <br />expenditures. <br /> <br /> Section 5. That the list of estimated assessments as heretofore pre- <br /> pared by the Director of Finance and included in the report of the Board of <br /> Revision of Assessments be and the same is hereby aPproved and the assessments <br /> so to be levied shall be paid in ten (10) s'emi-annual installments, with interest <br /> on deferred payments at the same rate as shall be borne by the bonds to be <br /> issued in anticipation of the collection thereof, provided that the owner of any <br /> property to be assessed may, at his option, pay such assessment in cash within <br /> thirty (.30) days after the passage of the assessing ordinance. <br /> <br /> Section 6. That obligations of the City shall be issued, in anticipa- <br /> tion of the collection of special assessments by installments and in an amount <br /> thereto, for the purpose of providing funds to pay the cost of this improvement. <br /> <br /> Section 7. That the remainder of the entire cost of this imprOvement, <br /> after application of the assessments herein provided shall be paid by the issuance <br /> of notes and bonds of the City in the manner provided by law. <br /> Section 8. That pursuant to Article XIV, Section 16, of the ~harter <br /> of the City, the Director of Public Works has heretofore certified to this <br /> Council this his estimate of the life of the improvement described in Sections l <br /> and 2 hereof is ten (10) years. <br /> <br /> Section 9. That the Clerk of Council be and she is hereby directed <br /> to deliver the Auditor of Cuyahoga County a certified copy of this Ordinance <br /> within fifteen (15) days following its passa§e. <br /> <br /> Section t0. It is found and determined that all formal actions of <br /> this Council concerning and relating to the passage of this ordinance were <br /> adopted in an open meeting of this Council, and that all deliberations of this <br /> Council and of any of its Committees that resulted in such formal action, were <br /> in meetings open to the public, in compliance with all legal requirements includ- <br /> ing Section 121.22 of the Ohio Revised Code. <br /> <br /> <br />