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ORDINANCE N0.2 0 By <br /> <br />AN ORDINANCE determining"to proceed'with, and levying and assesoing <br />a special s~ssessment to ~av the c~-h <br /> <br />Cuyahoga, <br />Section <br /> <br />BE IT ORDAINED by the Council of the City of Lakew0od, County of <br /> State of Ohio, three-fourths of all members concurring: <br /> <br /> it is der ' <br /> erDa?ed ~o proceed v, itn the imorove-. <br /> <br />i'~ accordancs ?~th Resolution <br />and in accordant2 T~_,I,"-+~ plans, specifications,' <br />heretofore approved and no~/ on ~'ile zn the off,ce of 5he Director of <br />Public ¥~or ks. <br /> <br />Section 2: That all clai~.~s f6r damages resulting from samd improve- <br />n~ent shall be ~udicially ~nquired in%o after the co.~pletion theu'eof <br />and that the Director of Public ¥Yorks be and he ms i~ereby authorized~ <br />and directed to enter into contract for ~aid improveraenz mn the <br />manner provided by lsat, v/filch improven~ent in accordance v~ith <br /> ~, Sectmon 16 oi the Charter k~been estimated by the Direczo~ <br />Public Works to have a life of ~ years. <br /> <br />Seb%ion 3: That for the ouroose off paying the cost arid expel]se <br />s~aid ~mprove~ent ~th~ .,!s h~r~b~-' ~evied and asses'~ed a special <br />assessmeat upon the severb~'~i'$~ and rsr~e~ ~e ~ s=~. ~J ~ · <br /> <br />for that purpose by tDe Direczor of Finance and reco~endeS~, <br /> <br /> . Said estimated assessment ~s hereby d .... <br />have been made on the bas'is of spscial b'enefits conferred by <br />improve:uenz on the ceve~'gI paise'els oi land therein '~, r~ <br />the s~,e is herein confirmed, adopzed and approved. <br /> <br />Section 4: Tliat the owners of the several lozs or parcels of <br />included in S~ld assos~ld'ent shall oa~ the ~ounts from %h <br />due as s~,o~/n b~ cozt~ln ~ ~ -' ~ ~ . ~ - <br /> Y ~ of sazd es~mazod ~sssssmeno ~ ~$to th~ <br />City Treasurer on or before thzr<y ~ays frcm t~e date of the ~ ...... ~.~. <br />of'the ordinance at ~ ~' -~ ~ <br /> ...... .~ t tne~.r option, a.nd ~ dexault thereoi~ sa~d <br />~.~ .... , .. .. ~ ~'= ~..,,~ ~ Re: cen~m~ per <br /> <br />annu~ ~nstal~ments, with th~ regular t~es of ~ to ~ beth <br />inclusive. <br /> <br />sedti6~ ~ That said annual payments of said assessments and <br />portions therecf ~n~ intere~ t~ereon shall be applied to the <br />of bonds to b~ issued in antici~ation of the collection' = ~ ~' <br /> th~ r ~ o.~ a n,~ <br />t~e interest thereon as the s~ shall become due and to no other <br />purpose ~vhatsoever. <br /> <br />Section 8: 'This 'ordinance shall be in full force and effect <br />and after the earliest period allo=e~ 'Dy law. <br /> <br />Adopted: A~ ~$Rt~ ~? E~I~ ~, <br /> <br />Presid~nt <br /> <br />Appr ore d :' <br /> Mayor <br /> <br /> <br />