Laserfiche WebLink
Section ~o That the Clerk of this Council be and he is hereby directed <br />to deliver a certified copy of this resolution to the Director of Finance of <br />this City° <br /> <br /> Section 8o Tha~ pursuant to Section B of Article XIV of the Charter of <br />the City of Lakewood~ the Director of Finance of this City be and he is hereby <br />authorized and directed to prepare and file with this Council the estimated <br />assessments of the cost of the i~provement described in this resolution. When <br />such estimated assessments have been so filed, said Director of Finance shall <br />cause notice of the adoption of this resolution and the filing of said estimated <br />assessments to be served on the owners of all lots and lands to be assessed as <br />provided in Section 4 of said Article XIV. <br /> <br /> Section g. That the assessments to be levied shall be paid in ten ~10) <br />semi-annu~l installments~ with interest on deferred payments at the same rate <br />as shall be borae by the bonds to be issued ia anticipation of the collection <br />thereof which is now estimated at three and three-quarters per centum per <br />annum, provided, that the owner of any property assessed may~ at his option~ <br />pay such assessment in cash within thirtydays after passage of the assessing <br />ordinance° <br /> <br /> Section iO. That bonds of the City shall be issued in anticipation of <br />the collection of assessments by installments and in an amount equal thereto <br />and notes of said City shall be issued in anticipation of the issuance of such <br />bonds and the levy of such assessments. <br /> <br /> Section L1. That the remainder of the entire cost of said improvement~ <br />after application of the assessments herein provided~ shall be paid by the <br />issuance of bonds in the manner provided by law. <br /> <br /> Section /2. This resolution, having been determined to be au emergency <br />measure, shall be in full force and effect from and immediately after its <br />passage and approval by the Mayor~ <br /> <br />Adopted: February 17, 1964__~ <br /> <br /> John Gaydos, Jr. <br />--President of~ <br /> <br />Approved: February 21, 196~ Mary Adams <br /> ~ Acti~-~-~lerk of Council <br /> <br />Robert M. Lawther <br /> Mayor <br /> <br /> <br />