Laserfiche WebLink
-2- <br /> <br /> 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 8, That pursuant to Section ~ 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 improvement described in this resolution° When <br />such estimated assessments have been so filed, said Director of Fine,ce 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 />providod in Section 4 of said Article XIVo <br /> <br /> Section 9. That the assessments to be levied shall be paid in ten (10~ <br />semi-annual installments, with interest on deferred payments at the same rate <br />as shall be borne by the bonds to be issued ia anticipation of the collection <br />thereof which is now estimated at three and three-Quarters per eentum per <br />annum, provided, that the owner of any property assessed may~ at his option~ <br />pay such assessment in cash within thirty days after passage of the assossi~ <br />ordinance. <br /> <br /> Section 10. 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 iss~nce of such <br />bonds and the levy of such assessments° <br /> <br /> Section ll. 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 12. This resolution, having been determined to be .anemergency <br />measure~ shall be in full force and effect from and immediatelyafte~its <br />passage and approval by the Mayor. <br /> <br />Adopted: February !7.. 1964 ~ John Gaydo~. Jr.. <br /> PreSident of Council <br /> <br />Approved: e rv 2 . 1Q%h <br /> e~:._ ~1 .... ~. ..... Mary Adams ,, , <br /> Act ng era of Col~ucil .......... <br /> <br />Robert M. Lawther <br /> MAyor <br /> <br /> <br />