Laserfiche WebLink
RESOLt~fION NO. 3637 BY ~tr. Quinn <br /> <br /> A RESOLUTION declaring it necessary and conducive to the public <br />health, convenience and welfare to ~mprove Chase Avenue from I~erle <br />Avenue to Clifton Boulevard by resurfacing same with sheet asphalt or <br />asphaltic concrete and doing any or all grading, draining and curbing <br />or other work necessary thereto,~ <br /> <br /> BE IT RESOLVED BY THE COUNCIL OF T~E CITY OF LAKE~0D, STATE <br />OF OHIO: -- <br /> <br /> ~ection 1. That it is deemed and declared necessary to improve <br />Chase Avenue from Merle Avenue to Clifton Boulevard, by resurfacing <br />same with sheet asphalt or asphaltic concrete and doing any or all <br /> <br />grading, draining and curbing or other work necessary thereto. <br /> <br /> Section 2~ That the plans, specifications, est!~tes and pro- <br />files for said improvement, heretofore prepared by the Engineer and now <br />on file in the office of the Department of Public Works, he and the <br />same are hereby approved, <br /> <br /> Section 3- That the entire cost and expense of ~aid improve- <br />ment (less 50% of the cost) shall be levied and assessed in proportion <br />to the benefits which will result from said hnprovement upon the lots <br />and lands bounding and abutting said improvement which said lots and . <br />lands are hereby determined to be specially benefitted by said improve <br />ment, and the Cost and expense of the improvement shall include the <br />expense of preliminary and ~ther surveys, printing and publishing <br />notices, resolutions and oraAn~ces required, the serving of notices <br />and the cost of construction, together with the interest on bonds that <br />shall be issued in anticipation of the collection of deferred payments <br />of assessments and other necessary and incidental expense. <br /> <br /> Section ~. That the assessment so to he levied shall be pay- <br />able in five annual installments, with interest on deferredpayments <br />at the rate of two per centumper annum, payable semi--annually, pro <br />vided however, that the owners of any of said lots or parcels of land <br />~o ~ssessed may, at their option, pay such assessment within thirty <br />30) days after the passage of the assessing ordinance in this pro <br />ceeding, and such cash payment of assessments shall not include any . <br />items of interest on bonds to be issued in anticipation of the collec <br />tion of deferred installments of assessments, <br /> <br /> Section 5. That bonds of the City of Lakewood shall be issued <br />in anticipation of the collection of said assessments in an amount <br />equal thereto~ <br /> <br /> Section 6, That the remainder of the entire cost and expense <br />of said improvement not specially assessed, including damages awarded <br />to any owner of adjoining l$uds or interest therein shall be paid out <br />of the -~asoline Tax or ~otor Vehicle License Funds. <br /> <br /> Section 7. That this resolution shall take effect and be in <br />force upon its passage and approval by the ~yor and at the earliest <br />period allowed by law. <br /> <br />Adopted:.. ~une 6, 19~~ <br /> <br />..... Wm. R. Fairgriey~,. <br /> ' Presicent <br /> <br />Approved: June 7. 1955 <br /> <br />Ho A. Rees <br /> <br />Mayor <br /> <br /> <br />