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1640 - 20 Amend sect 5 of ord 1592 - Improve Hazelwood Ave
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1640 - 20 Amend sect 5 of ord 1592 - Improve Hazelwood Ave
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5/14/2013 3:09:11 PM
Creation date
12/20/2005 3:37:07 AM
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Office Of Council
Document Type
Ordinances
Date
12/20/2005
Date Adopted
11/1/1920
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<br />) <br />¡; <br /> <br />Armstrong <br /> <br />ÐY},lr. <br /> <br />1640 <br /> <br />( <br />" <br /> <br />ORDXN.ANCE liO. <br /> <br />Alj ORDI~~1CE to amend seut!on ~ o! Ordinanoe ßò~ l592 entitled, "AN <br />OHDUIAl{r,E determining to þroeeeð. 11"1 th, and ;Levyinß and essess!ng a speó!"l <br />tax to pay 'the 00$1'. and expense of improving Hl¡.zelwøod Avonu¡¡} from N1aholaon <br />Avenut to its easterly terminuo. Þy paving same with br1e~ or bit~~inous <br />conorete. or sheet &ßph¡llt, orli\.sphalt blook, or bithulithic or Qement oon.. <br />orete, doing any and all grading. draining. ourbing ând COrlstruQ1¡ing de- <br />linquent house conneotions inoidental and neoes:~ry. thereto, and authoriz.. <br />ing 11M M.ayor and Direotor of :UnaJ10e to iuue bonds in thé Bum t;¡f $10~780.0( <br />in antio1pò.t:l.on of' the said.pedal twe to prov1de I.\ fund for the '{>l"iyment of <br />the port:i,on 01' the oostof said 1mprovern~mt for whioh said speo1111 ta.x 18 <br />levied." and repealing said original Seotion , of Ordinanoe No. 1$92 and <br />deolaring an emergenoy. <br /> <br />two.. <br /> <br />::Itate of Ohio. <br /> <br />the Oity of takewood. <br />. <br /> <br />ÐT!: IT R;~SOL¥.ft}D ;ay TJO¡; COUNCILOr <br />thirds of all members conourr1ng <br /> <br />1920 by <br /> <br />: <br /> <br />$oo\1on l: 'j.'hc"t Seotion S.,·of' Ordinanoe :NI). 1,92 adopted May 17, <br />the Council of the city of La~ewood. entitledt- <br /> <br />'Alí ORDINAUCE determining to proceed with, and leV,Ying and asøesslng å <br />special ta.x to pay the oO$t Q.nd expense of improving UazGlwood Avenue froxn <br />:Nicholson Avenue to its easte:rly terminus. by paving same with briok or <br />bituminous ooncrete, or IiIheetf/.epMlt. or asphe.lt block. or b1thl1lithio or <br />oement oonorete do1.ng any o..nd all grs.dlng, draining, curb1l1g and conatruct1n¡ <br />delinquent house oonnootion~ inoidental and neoessa.:ry t4ereto. and authorizi\ <br />~e Mayor and Director of Fi~nce to issue bonds in the sum of $10.180.00 <br />In anticipation of the eaid speoial tax to provide a fund for the payment of <br />the portion of the cost of said 1mprovement tor which said speoial tax io <br />levied" <br /> <br />to read as follows: <br /> <br />$eoticln,: That tò provide a fund for the pa.yment of' the portion of the <br />oost ami oxpensefo¡' whioh the spea1.a.l aasessrnent heroin 1n levied for Baid <br />;lmprove¡rlent. the Ma.YQr Met Director of :Finance bo and they are hereby <br />authorhed to issuo 20 bQnds of the City of LnJ<ewood, Oþio, it! the a.gg:x-egå.te <br />aunt of $10.780.00 of which \)Onds one bond 1n the Gum of' ~l.OOO.OO and one <br />bond in the Bum of $78.00 øhallbe due and paya.ble on Ootober 1 1921 and <br />o.ne bond in the sum of $l,OOO.OO and one bond in the Bum 01' ~'7ß.()O 11111111 be <br />payable eaoh Yf)ar thel'e¡¡,rter wi th interest thereon at the rate of 6 per oelt <br />tumper annum, payable semi...a.nnual1y on April 1st andOctoþer 1st each year <br />until all of the .IHJ.j.d bonda ha.ve been dIlly paid al1,(l retirEld. Said bond.e <br />BO authorized to be isaued shall be dated Novcm.ber lot, 1920, shall be <br />signed and sold by said officers Boprovided by law and thO proceeda tnerecf <br />IIh&.ll be applied to the payment of the oost ami expense Of ¡mid improvement <br />ø.s aforesaid, c.l1d to no other purpose whatsoever. The f'ull faith ø_nd <br />revenue and all the rea.l ånd personal þroperty of the Oity of LnkewOod. <br />Ohio. are hereby pledged to the payment of "Hid bondu and the interoat theZlll <br />on. If' Within the time above opeoified and before the sale of aaid bonds <br />any of the owners of said property ahall pay their total 'U3e~;Gment in oaSh, <br />the aggl'egate Gum in bond3 to be ióJsue'l shall be red,lced ì¡y dedu"tinG the <br />amount so p&i1 in cash from the total amount 01' the fund to be prov!ded and <br />the 'bondß 1osuod ¡¡hall be ¡¡evex'al)y reduced 1n amount proportionately. <br /> <br />Section 2: That sf.\1d original Section, of' Ordinance 110. 1592 i¡¡ hereby <br />repealed and that this ordinance 13 hereby declared to be an emergency <br />measure necesuary for the immedia.te preservation of the public property <br />and ßt.1'ety and hal1 be in 1\,roe and effect on and after the pas "age and <br />approval by the Mayor. <br /> <br />horeÞy amended <br /> <br />be and the IlLU¡l!! io <br /> <br />~reuìdent <br /> <br />11Q, <br /> <br />A.Wle <br /> <br />E <br /> <br />1920 <br /> <br />1 <br /> <br />Nov. <br /> <br />. <br />. <br /> <br />Adopted <br /> <br />, <br />Clerk <br /> <br />Guild <br /> <br />. <br /> <br />o <br /> <br />. <br /> <br />A <br /> <br />Hill <br />~ <br />:Mayor <br /> <br />E <br /> <br />L. <br /> <br />Approved: <br />
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