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RESOLUTION NO. 3899 BY Messrs. <br /> <br />Fsirgrieve, Gaydos, <br />Gottermeyer, Ward, <br />Chockley, Fahrenb'ach <br /> <br /> A RE~OLUTIO~ declaring it necessary and conducive to the <br />public health, convenience and welfare to ~mprove Hir~ Ave. <br />from Clifton Blvd. to Lake Ave. by rosurfactng same with asphaltic <br />concrete and doing any a~d all grading, draining and curbing er <br />o~herwork necessary thereto. <br /> <br /> BE XT RESOLVED BY ~ COUNCIL OF THE CXT! OF LA~¢OGD, STATE <br />OF <br /> <br /> Section 1. That it is deamedand declare~neceesaryto <br />improve Nird Ave. from Clifton Blvd. to La~e Ave. by reau~facing <br />same ~ith asphaltic concrete and doing any and all grading, draining <br />and curbing or othe~work necessary%he, ets. <br /> <br /> Section 2. That the plan~, specifications, estimates and <br />profiles for said improvement heretofore prepared by the ~ngineer <br />on file in the office of ~he 9eparf~ent of Public ~or2e~ be a~d <br />the same are hereby oppr~ve~. <br /> <br /> $ection ~. That.the entl~e eos~ and ex~ense of aaAd impr~ve~eat <br />less ~%o~ the cost) shall be levied and assessed by the foo~ <br />frontage of the property bcundin~ and mbuttin~ upon the improve- <br />ment which said lots and lands are hereby determined to he specially <br /> <br />bem~fitted by said improvement, and the cos~ and expemse of the <br />improvement shall include the expense of ~relimiaary and other <br />surveys, printing amd publishing ~otiees, resolutions and ordinamcea <br />required, the servi~ of not,eeo amd the cost of construction, <br />together withthe interest on bonds that shall be issued in aa- <br />tici~ation of the collection of deferrod pa)=ents of assessments <br />and other necessary and incidental expense. <br /> <br /> Section ~, That ~he assessmen~ so to be levied~ shall bo <br />payable in five annual imetallments, with lnteres~ on deferred <br />pmyments at the rate of three per centum par annmm, payable semi- <br />annually, provided, ho~ever, that ~he owners of any of said ~ote <br />or ~cels of land es assessed may, at their options pay ouca <br />assessment within thirty (30} days after.the passage of the assess- <br />img or~inance im t~is proceeding, and such cash Payment of assess- <br />ments shall not ~nclude an~ items of interest on bonds to be issued <br /> <br />in anticipation of the collection of deferred installments of <br /> <br /> ~ection $. That bonds of the City of La~ewood shall be ismued <br />l~ ~t~cipatlon of the collection of said assessments in an amount <br />e~ual theretO, <br /> <br /> Section 6. That the remainder of the entire cost and expense <br />of said improvement not speclall~ assessed, i~cluding damages <br />awarded to any owner of adjoining lands or interest thereAn shall <br />be paid ou~ of the ~asoline Tax~ Motor Vehicle License Tax or <br />*~he~ fu~d~ of the City of La, sword. <br /> <br /> <br />