5675-82 Amend Res 5619 to review property owners share

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Section 1. That Section 1 of Resolution 5519' adopted. December 7, 1981, shall be and the same is hereby amended to read as follows: Section 1. That it is necessary to improve the following streets in the City of Lakewood: 1. Jackson Avenue (Merl Avenue to Clifton Boulevard); 2. Lincoln Avenue (Bayes Avenue to Lakewood Heights Boulevard); 3. Giel Avenue (Clifton Boulevard to N&W railroad tracks); 4. Lakewood Heights Boulevard (Alger Road to 1S0 feet west of Olive AvenueJ; 5. McKinley Avenue (Hilliard Road to Riverside Drive); 6. Cove Avenue (Edgewater Drive to Lake Avenue); 7. Lewis Drive (Madison Avenue to Lakewood Heights Boulevard); 8. Reveley Avenue (Madison Avenue to Athens Avenue); and 9. Alger Road (Warren Road to Lakewood Heights Boulevard). Section 2. That Section 5 of Resolution 5619 adopted December 7, 1982 shall be and the same is hereby amended to read as follows: Section 5. Council hereby determines that the lots and lands bounded and abutting upon-the proposed improvements are special- ly benefited by said improvements. Those lots with frontage so benefited by said improvements on: 1. Jackson Avenue (Merl Avenue to Clifton Boulevard); 2. Lincoln Avenue (Bayes Avenue to Lakewood Heights Boulevard); 3. Giel Avenue (Clifton Boulevard to N&W railroad tracks); 4. Cove Avenue (Edgewater Drive to Lake Avenue); and 5. Lewis Drive (Madison Avenue to Lakewood Heights Boulevard). shall be assessed at the rate of $5.00 per foot of frontage and on those lots with frontage so benefited by said improvements on Reveley Avenue (Madison Avenue to Athens Avenue) shall be assessed at the rate of $4.50 per foot of frontage and those lots with frontage so benefited by said improvements on: 1. Lakewood Heights Boulevard (Alger Road to 180 feet west of Olive Avenue); 2. McKinley Avenue (Hilliard Road to Riverside Drive); and 3. Alger Road (Warren Road to Lakewood Heights Boulevard) shall not be assessed and the entire cost of said improvement shall be paid for by the City. Those lots with side yards benefited by any of the said improve- ments shall be assessed an amount equal to the average for all lots having frontage on the improved portion of that street plus $5.00 per foot on Jackson, Lincoln, Giel, Cove Avenue and Lewis Drive and $4.50 per foot on Reveley Avenue and no assessment shall be made for Lakewood Heights Boulevard, McKinley Avenue or Alger Road for any lot in excess of 150 feet. It is estimated that ttiese assessments with the exception of Reveley Avenue, Lakewood Heights Boulevard, McKinley Avenue and Alger Road, shall cover approximately 50 percent of the actual cost of said improvement, to wit, the cost of preliminary and other surveys, plans, specifications profiles 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 improvement and the interest thereon, the costs incurred in connection with the preparation, levy, and collection of the special. assessments., the cost of pur- chasing, appropriating, and otherwise acquiring therefor any required real estate or 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.