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<br />:) <br /> <br />Stevens <br /> <br />By Mr. <br /> <br />175'l <br /> <br />NO. <br /> <br />( <br /> <br />ORDINANCE <br /> <br />AN ORDINAIWE to levy a speoial anesøment for the oonstruotion of side- <br />walJu'¡ on Berea Road from a point about 450 feet west of' Weat l17th Street <br />to Fischer Road. and to provide for the issuance of notes in antioipation <br />of the colleotion o£ such assessments. <br /> <br />Sta.te of <br /> <br />IT ORDAINED by the Council of the City of Lakewood <br />\ <br /> <br />THERT~:¡,'ons BE <br />Ohio:- <br /> <br />Section 1: Th~t to pay the cost and expense of conatructina sidewalks on <br />the west side of Berea. Road from a point about 450 feet west of West 117hh <br />Street to Fischer Road in acoordanoe with Resolution No. 1821. adopted by <br />the Council of the City of Lakewood on May 3rd, 1920 80 much of the entire <br />coat and expense of ~his improv@1lent !1 a is a proper oharge for Greid side- <br />walks and gruding ne( esaa.ry a-nd inoidents-l thereto shall be assessed upon <br />aJ;: . the lots and lands bounding and abutting on eaid Berea HOhd between <br />the points before mentioned, so improved in proportion to the benefits <br />which may result froms&.id improvement. not exceeding 33-1/3% of the real <br />value of the property benefited. <br /> <br />Section 2: That the'aasessments so to be levied s)mll be paid in five <br />annual instállments provided that the owners Of any property assessed may <br />at his option pay such assessment in oash within thirty days from and <br />after the passage of this ordinance. All cash paymento shall be made to <br />the Director of Finance. All un~~id installmenta of assessments shall be <br />øertified by the Direotor of Finanoe to the County Auditor on or before <br />the second Monday in September annually to be plnced by him upon the tax <br />duplicate, a~d collected with the regular taxes of 1922 and 1926 inclusive <br /> <br />. <br /> <br />Section 3: That to provide a fund for the payment of the cost of construot <br />ing side1Jalks as aforesaid the M!¡<yor and Director of Finance be and they <br />are hereby authorized to issue and eell notes of the City of Lakewood <br />according to law in the aggregate sum of $6.540.00 oonsisting of five <br />notes ea.oh in the amount of one thousand three hundred and eight dollars. <br />Said notes shall be dated dè'y of sale and shall mature one on April ~ 1922 <br />and one on AprÜ 1, eaoh yea'r thereafter until all ruwe been paid and re- <br />tired. Sa.id notes ahall be sighed and sealed as municipal bonds are <br />signed and sealed and shall bear interest at the rate of SiB per cent per <br />annum. The proceeds arising from the sale of said notes shall be applied <br />to the cost of oonstruction 01' said sidewalks and to no other purpo( e. <br />If wi thin thirty day¡¡ from the adoption of thi¡¡ ordim,noe, and before the <br />sale of oaid notes any of the owners of sa.id property shall pay their <br />total assessment in oash the aggregate shall be reduced by deducting the <br />amount of tho fund to beprovided and the notes to be issued ohall be re- <br />duced acoordingly. <br /> <br />This ordinance sha.ll be in full force at the earliest period <br />law. <br /> <br />Section 4: <br />allowed by <br /> <br />. <br />. <br /> <br />Adopted <br /> <br />President <br /> <br />Wiegand <br /> <br />A. <br /> <br />E. <br /> <br />1921 <br /> <br />August 1. <br /> <br />Clerk <br /> <br />Guild, <br />( <br /> <br />O. <br /> <br />A. <br /> <br />7~ <br /> <br />I <br />. <br /> <br />@ <br /> <br />. <br />. <br /> <br />Approved <br /> <br /> <br />{rl.r <br /> <br />.r- <br /> <br />~~ <br /> <br />Mayor <br /> <br />Hill, <br /> <br />"~._,,--""..""-- <br /> <br />I~. <br /> <br />L. <br />