56-66 Submit to electorate - improvements & assessments

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ORDINANC~ NO. 56-66 ~essrs. Cain, Gaydos, Huffman, Kelley~ Usher~ Ward & Wendling AN ORDINANCE to provide for the submission to the electorate of an amendment to Article XIV, Section 3 of the Amended Charter of the City of Lakewood, Ohio, pertaining to improvements and assessments. BE IT ORDAINED BY TPIECOUNCIL OF THE CITY OF LAKEWOOD~ OHIO, TWO-THIRDS OF ALL MEMBERS ELECTED T~ERETO CON- CURRING: Section 1. That the question of the amendment to Article XIV, Section 3 of the Amended Charter of the City of Lakewood, Ohio, so that as amended the same shall be and read as follows: Section 3 Preliminary Assessments. When it is deemed necessary to make a public improvement to be paid for in whole or in part by special assessment, the Council shall declare th~ necessity thereof by resolution, and such resolution shall include the method of assessment, the mode of payment, and the number of annual in- stallments. Such resolution shall thereupon be cer- tified to the Director of Finance, who shall there- upon proceed to make an assessment report, in accordance with the method of assessment provided in the resolution, which report shall be filed with the Council, and shall show the lots and lands assessed, and the amount of the assessment as to each. Such special assessment shall be payable in such number o~ annual installments and at such times as the legislative authority prescribes, provided that the number of annual installments of any assessment shall not exceed the maximum maturity for which bonds may lawfully be issued in anticipatio~ thereof. I f no period of such maximum maturity is specified then the period for which such assessments shall be levied shall not be less than one (1) year, but may not exceed the estimated life of the use- fulness of the improvement as certified by the Director of Finance. be submitted to a vote of the qualified electors of the City at a general election to be held on Tuesday, the $th day of November, 1966, at the regular ~laces of voting in, the City between the hours of 6:30 A.M. and 6:30 P.Mo Section 2. That the ballots for said election shall, at the top thereof, be entitled, "City Charter Amendment Ballot" and the question to be submitted on said ballot shall be in words following: