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56-71 BAN - property owners portion to improve certain streets
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56-71 BAN - property owners portion to improve certain streets
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Last modified
5/14/2013 3:07:17 PM
Creation date
9/9/2003 7:34:00 AM
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Office Of Council
Document Type
Ordinances
Date
9/9/2003
Date Adopted
7/7/1971
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Messrs. KelleY, Usher, <br /> 56-71 Wendling, Gaydos, Grabe <br /> ORD%NANC'E IIO. · BY: tlu££man <br /> -ce of notes <br /> <br /> o~Cy OEDIB ~m% ms,ese, me _~n of ~he . <br /> <br />issn~ce oz ~ ~s in %he City o ~ te in~lU~n~ the nece~ ~ <br /> of the o%stlf~esetting o~ ~tL~ ioou%en~Ce~ ~" . ~ heretofore by pro- <br /> %f c~bS toge~,,~- ~ ated by the necessa~ grading of the base, reBut- <br /> . Co. oil of the City of L~e~COa bas <br /> %~RFASl~%d in 1968 determiner to Pr°ceed ~tb the improvement of <br /> legislation auo~ · ' . cessarY replacement ~d re~ettin <br /> per bere~na~er d~o~ ncludang t~e ne _ . f curbs together <br /> the streets · altic concrete ~ +.' ~ sna replacing o . <br /> facing ~ith as~ ce~m~ r~set ~n~ . <br /> <br /> of castings thereto; ~d <br /> necessary aPp~tensnces <br /> ~S, there bas heretofore been issued p~suant to Or,in--Ce No. <br /> 2~-%0 passed on J~Y 20,. 19?0 a note .to P~ the c~ts of said improvementS; <br /> ' said note in princ <br /> ~d ~REkS, there is now available moneys to reduce <br /> ~o~t to $8,060 ~d . <br /> pal by .two-thirds vote of the members elected th~ <br /> Mhich is necessary <br /> ~R~S, this Cocci! · authorized to enable the <br /> that this ordin~ce is ~ er. ergeL~cY ?~easure <br /> to dete~ines ~d s~e of the n°tes here]-n of the outst~ding note <br /> the i~ediate issu~ce <br /> City to preserve its credit by renewing the portion <br /> which c~ not be retired at mat~itY; <br /> BOW, T~R~ORE, BE IT ORDAINED by the City of L~ewood, C~°ga <br /> etlon 1 .That ~t %Scab_al ~o~ ?f $~,Obo .... ~ct~On <br /> . Re~oo~ ~n the pr~=~ in ~t~cmpat~on of the <br /> the C~tY o~ ~2[~_v o~er'S porv~,,, - _ ~ Avenue, BrockleY Aven] <br /> assessments, of the cost of improving 5e%c~-~-ue ~Mars Avenue, Ro~ <br /> special - ~st L~e, F~ City's portion uz .... ~- base, <br /> .... d Avenue, ~-~ __~ th~ <br /> ur~u~ .~ wa~e Avenue u~= ~ necessary grading of the <br /> Avenue, ~ ...... C~,ahogm county by the resetting of c~bS toget. <br /> by agreement ~ith replacing ~d ~~y%,i~9~e <br /> s~facing ~ith asohaltiC concrete, - bet~een the <br /> neccSS ~ aoourten~ces theretO, inclusive, P . <br /> ~ith the ~n~c~~' i~os 29-68 to ~7-68, <br /> provided in 0r <br /> ordin~ce No. 28-67 passed July 17, 1967. <br /> dated aporoxim~tely July <br /> Section ~' ~at said bonds sh~l be - · 2~r cent~ (6%) P <br /> 197~, shall bear interest at the estimated rate of stax ~. ushall <br /> ~n~, payable semi-~uually' ~til the princip~ sum is oaid, ~d <br /> ~t~e in five substantially equal instalments a~er their issu~ce- <br /> <br /> <br />
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