Laserfiche WebLink
RESOLUTION NO, 4058 BY: <br /> <br />Messrs. Lawther, Ward~ <br /> Williamson, Chockley, <br /> Gaydos~ Gottermeyer~ <br /> Huffman. <br /> <br /> A RESOLUTION declaring it necessary and conducive to the public <br /> health, convenience and welfare to improve Elmwood Avenue from Madison <br /> Avenue to Athens Avenue by resurfacing same with asphaltic concrete <br /> and doing any and all grading, draining and curbing or other work nec- <br /> essary thereto. <br /> BE IT RESOLVED BY THE COUNCIL OF THE CITY OF LAKEWOOD,~ STATE OF OHIO: <br /> Section 1. That it is deemed and declared necessary to improve <br />Elmwood Avenue from Madison Avenue to Athens Avenue by resurfacing same <br />with asphaltic concrete and doing any and all grading, draining and <br />curbing or other work necessary thereto. <br /> <br /> Section 2. That the plans, specifications, estimates and profiles <br /> for said improvement heretofore prepared by the Engineer on file in <br /> the office of the Department of Public Works, be and the same are <br /> hereby approved. <br /> Section 3. That the entire cost and expense of said improvement <br />(less 50% of the cost)shall be levied and assessed in proportion to <br />the benefits which wiil:l result from said improvemant upon the lots and <br />lands bounding and abutting said improvement which said lots and lands <br />are hereby determined to be speciaily benefitted by said improvement, <br />and the cost and expense of the improvement shall include the expense <br />of preliminary and other surveys, printing and publishing notices, res- <br /> e ' <br />olutions and ordinances r qulred, the serving of notices and the cost <br />of construction, together with the interest on bonds that shall be <br />issued in anticipation of the collection of deferred payments of <br />assessmentsand other necessary and incidental expense. <br /> Section 4. That the assessment so to be levied shall be payable in <br />five annual 1 stallments, with interest on deferred payments at the <br />rate of three and one-half per centumper annum, payable semi-annually, <br />provided, however, that the owners of any of said lots or parcels of <br />land so assessed may, at their option, pay such assessment within <br />thirty (30) days after the passage of the assessing ordinance in this <br />proceeding, and such cash payment of assessments shall not include any <br />items of interest on bonds to be issued in anticipation of the collectio <br />of deferred installments of assessments. <br /> Section 5. That bonds of the City of Lakewood shall be issued in <br />anticipation of the collection of said assessments in an amount equal <br />thereto. <br /> Section 6. That the remainder of the entire cost and expense of <br />said improvement not specially assessed, including damages awarded to <br />any owner of adjoining lands or-interest therein shall be paid out of <br />the Gasoline Tax, Motor Vehicle License Tax or other funds of the City <br />of Lakewood. <br /> <br /> Section 7. That this resolution shall take effect and be in force <br />upon its passage and approval by the Mayor and at the earliest period <br />allowed by law. <br />Adopted: April 5, 1961 <br /> ..... P. Wilson Chockley, Jr. <br /> President <br /> <br />Approved:. April 5~ 1961 <br /> <br />Philip M. Dearborn <br /> Acting Clerk <br /> <br />FPank P. Celeste <br /> MaYor <br /> <br /> <br />