Laserfiche WebLink
RESOL~TIOE NO. )639 BY Mr. Chockley <br /> <br /> A RESOLUTION declaring it necessary and conducive to the public <br />health, convenience and ~elfare to improve Kenneth Drive from Lake <br />Avenue to the northerly end 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 THE CITY OF LAKE~OOD, STATE <br />OF OHIO: <br /> <br /> Section 1, That it is deemed a~d declared necessary to improve <br />Kenneth Drive from Lake Avenue to the northerly end, by resurfacing <br />same with sheet asphalt or asphaltic concrete and doing any or all <br />grading, draining and curbing or other work necessary thereto~ <br /> <br /> Section 2. That the plans, specifications, estimates and pro- <br />files for said improvement, heretofore prepared by the Engineer and mow <br />on file in the office of the Department of Public t~orks, be. and the <br /> <br />are hereby approved. <br /> <br /> Section ~. That the entire cost and expense of. said improve- <br />ment (less 50% of the cost and thecost of intersections) shall be levied <br />and assessed in proportion to the benefits which will result from said <br />improvement upon the iota and la,ds bounding and abutting said improve- <br />ment which said lots and lands are hereby determined to be specially <br />benefitted by said improvement, and the cost and expense of the improve- <br />ment shall include the expense of preliminary and other surveys, p.rint- <br />ing and publishing notices, resolutions and ordinances required, the <br />serving of notices and the cost of construction, together with the <br />interest on bonds that shall be issued in anticipation of the collection <br />of deferred payments of assessments and ether necessary and incidental <br />expense. <br /> <br /> Section ~. That the assessment so to be levied shall be pay- <br />able in five ~ual installments, with interest on deferred payments <br />a.t the rate of two per centum per annum, payable semi-annual~ly, p~r.o- ~ <br />vmded~ however, that the owners of any of said lots or parce-s sA- £ana <br />so assessed may, at their option, pay such assessment within thirty <br />(30) days after the passage of the assessing ordinance in this proceed- <br />lng, and such cash payment of assessments shall not include any items <br />of interest on bonds to be issued in anticipation of the collections of <br />deferred installments of assessments. <br /> <br /> Section 5. That bonds of the City of Lakewood shall be issued <br />in ~nticipation 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 the cost of inter- <br />sections and damages awarded to any owner of adjoining lands or interest <br />therein shall be paid out of the ~asoline Tax or Motor Vehicle License <br />Funds. <br /> <br /> Section 7. That this resolution shall take effect and be in <br />force upon its passage and approval by the Mayor and at the earliest <br />period allowed by law. <br /> <br />Adopted: June 6. 1955 <br /> <br />Approved: Ju~e 7. 1955 <br /> <br /> ~m. R. Fairgriev.e .... <br /> President <br /> <br />.. H. A. Roes <br /> Clerk <br /> <br />Mayor <br /> <br /> <br />