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and abutting upon the proposed improvement between the termini aforesaid, which said lots and lands are hereby determined to be specially benefited by said improvement; and the cost of said improvement shall include the cost of preliminary and other surveys, plans, specifications, pro- files and estimates and of printing, serving and publishing notices, resolutions and ordinances, the amount of damages resulting from the improvement assessed in favor of any owner of land affected by the im- provement and the interest thereon, the costs incurred in connection with the preparation, levy and collection of the special assessments, the cost of purchasing, appropriating and otherwise acquiring therefor any required real estate or interests therein,. expenses of legal services in- cluding obtaining an approving legal opinion, cost of labor and material and interest on bonds and notes issued in anticipation of the levy and collection of the special assessments together with all other necessary expenditures. Section 7. That the Clerk of this Council be and she is hereby directed to deliver a certified copy of this resolution to the Director of Finance of this City. Section 8. That pursuant to Section 3 of Article XIV of the Charter of the City of Lakewood, the Director of Finance of this City be and he is hereby authorized and directed to prepare and file with this Council the estimated assessments of the cost of the improvement described in this resolution. When such estimated assessments have been so filed, said Director of Finance shall cause notice of the adoption of this reso- lution and the filing of said estimated assessments to be served on the owners of all lots and lands to be assessed as provided in Section 4 of said Article XIV. Section 9. That the assessments to be levied shall be paid in twenty semi-annual installments, with interest on deferred payments at the same rate as shall be borne by the bonds to be issued in anticipation of the collection thereof which is now estimated at twelve per centum (12%) per annum, provided that the owner of any property assessed may, at his option, pay such assessment in cash within thirty (30) days after passage of the assessing ordinance. Section 10. That bonds of the City shall be issued in antici- pation of the collection of assessments by installments and in an amount equal thereto and notes of said City shall be issued in anticipation of the issuance of such bonds and the levy of such assessments. Section 11. It is found and determined that all formal actions of this Council concerning and relating to the adoption of this resolu- tion were adopted in an open meeting of this Council, and that all such deliberations of this Council and of any of its committees that resulted in such formal action, were in meetings open to the public, in compliance with all legal requirements including Section 121.22 of the Ohio Revised Code. Section 12. This resolution, having been determined to be an emergency measure, shall be in full force and effect from and immediately after its adoption and approval by the Mayor Adopted: ~l~yux J _ , 1982 ~,~5~~~~~y~l:~o~ re:~ ,:.ent .r a,:;.cil Approved: L L 1982 0 ouncil ayor - 2 -