Laserfiche WebLink
RESOLUTION NO. 387~ BY: Messrs. Lawther, Ward, <br /> Fahrenbach, Gaydos. <br /> <br /> A RESOLUTION declaring it necessary and conducive to the public <br />health, convenience and welfare to improve Coutant Ave. from Detroit <br />Ave. to Madison Ave. by resurfacing same with asphaltic concrete and <br />doing any and all grading, draining and curbing or other work necessary <br />thereto. <br /> <br /> BE IT RESOLVED BY THE COUNCIL OFT HE CITY OF LAKEWOOD, STATE <br />OF 0NIO~ <br /> <br /> Section 1. That it is deemed and declared necessary to improve <br />Coutant Ave. from Detroit Ave. to Madison Ave. by resurfacing same with <br />asphaltic concrete and doing any and all grading, draining and curbing <br />or other work necessary thereto. <br /> <br /> Section 2. That the plans, specifications, estimates and pro- <br />files for said improvement heretofore prepared by the Engineer on file <br />in the office of the Department of Public Works, be and the same are <br /> <br />hereby approved. <br /> <br /> Sectiqn 3. That t~e entire cost and expense of said improve- <br />ment (less 50% of the cost) shall be levied and assessed in proportion <br />to the benefits which will result from said improvement upon the lots <br />and lands bounding and abutting said improveme4t which said lots and lane <br />are hereby determined to be specially benefitted by said improvement, <br />and the cost and expense of the improvement shall include the expense <br />of preliminary and other surveys, printing and publishing notices, reso- <br />lutions and ordinances required, the serving of notices and the cost of <br />construction, together with the interest on bonds that shall be issued <br />in anticipation of the collection of deferred payments of assessments <br />and other necessary and incidental expense. <br /> <br /> Section $. That the assessment so to be levied shall be payable <br />in five annual installments, with interest on deferred payments at the <br />rate of three per centum per annum, payable semi-annually, provided, <br />however, that the owners of any of said lots or parcels of land so <br />assessed may, at their option, pay such assessment within thirty (30) <br />days after the passage of the assessing ordinance in this proceeding, <br />and such cash payment of assessments Shall not include any items of <br />interest on bonds to be issued in anticipation of the collection of <br />deferred installments of assessments. <br /> <br /> Section 5. That bonds of the City of Lakewood shall be issued <br /> in anticipation of the collection of said assessments in an amount <br /> equal thereto. <br /> <br /> Section 6. That the remainder of the entire cost and expense <br /> of said improvement not specially assessed, including damages awarded <br /> to any owner of adjoining lands or interest therein shall be paid out <br /> of the Gasoline Tax, Motor Vehicle License Tax or other funds of the <br /> City of Lakewood. <br /> <br /> Section 7. That this resolution shall take effect and be in <br /> force upon its passage and approval by the Mayor and at the earliest <br /> period allowed by law. <br /> <br /> Adopted: May 5. 19~8 Thomas C. Ward <br /> President <br /> <br />Approved: MaY 7,. 19~8 <br /> <br />Ho Ao Ree~ <br /> <br />Clerk <br /> <br /> Frank,,p,J Celeste.. <br />- Mayor <br /> <br /> <br />