8642-13 Arthur Ave Streelight Project

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lion devices and controls, together with the performance of any necessary tree lawn repair, and including all necessary appurtenances thereto. Section 3. It is hereby determined and declared that said improvement is conducive to the public health, convenience and welfare of said City and the inhabitants thereof. Section 4. The plans, specifications and estimates of the proposed improvements hereto- fore prepared and now on file in the office of the City Engineer are hereby approved. Section 5. Council hereby determines that the 68 residential lots and lands abounding and abutting upon the proposed improvements are specially benefited by said improvements and shall be assessed equally, that is, in proportion to the benefits which may result from the improvements. The assessments shall covet• no mote than 49/SOths of the entire actual cost of engineering of, site preparation for and construction of said improvements and include the cost of preliminary and other surveys; publishing notices, resolutions and ordinances; the amount of damages resulting fiom the improvement assessed in favor of any owner of land affected by the improvement; the ptepatation, levy, and collection of the special assessments; the cost of put•- chasing, appropriating and otherwise acquiring labor and material; together with all other nec- essary expenditures, such total amount of the assessment not to exceed $150,000 and being hereby determined to be equal to the special benefit derived by the 68 residential lots and lands so abounding and abutting these improvements. Section 6. The Clerk of Council is hereby directed to deliver a certified copy of this res- olution to the Director of Finance of the City. Section 7. Pursuant to Section 3 of Article XVl of the Second Amended Charter of the City, the Director of Finance 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 Directot• of Finance shall cause no- tice of the adoption of this resolution and the filing of said estimated assessments to be made as provided in said Article XVI. Section 8. The assessments to be levied shall be paid in 20 equal and consecutive semi- annual installments as provided herein, provided that the owner of any property assessed may, at his, her• or its option, pay such assessment in whole within 30 days after initial receipt of the City's invoice. Section 9. When an owner of any property assessed elects to pay said assessment via installments as described above, additional fees and charges such as those imposed by the Cuyahoga County Fiscal Officer for special assessments shall be borne by said property owner. Section 10. It is found and determined that all formal actions of this Council concerning and relating to the passage of this resolution were adopted in an open meeting of this Council, and that all such deliberations of this Counci] 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.