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.Messrs. Williamson~ Chockley, <br /> RESOLUTION NO. 4060 BY: Gaydos, GOttermeyer, <br /> Huffman, Lawther, <br /> Ward. <br /> A RESOLUTION declaring it necessary and conducive to the public <br /> health, convenience and welfare to improve Mars Avenue from Esther <br /> Avenue to Delaware Avenue by resurfacing same with asphaltic concrete <br /> and doing any and all grading, draining and curbing or other work nec= <br /> essary thereto. <br /> BE IT RESOLVED BY THE COUNCIL OF THE CITY OF L~EWOOD, STATE OF <br /> OHIO: <br /> <br /> SectiOn 1. That it is deemed and declared necessary to improve <br /> Mars Avenue from Esther Avenue to Delaware Avenue by resurfacing same <br /> with asphaltic concrete and doing any and all grading, draining and <br /> curbing or other work neceseary thereto. <br /> Section 2. That the plans, specifications, estimates and profiles <br /> for said improvement heretofore prepared by the Engineer on filein <br /> the office of the Department of Public Works, be and the same are <br /> hereby approved. <br /> Section 3. That the entire cost and expense of said improvement <br /> (less $0% of the cost) shall be levied and assessed in proportion to <br /> the benefits which will result from said improvement upon the lots <br /> and lands bounding and abutting said improvement which said lots and <br /> lands are hereby determined to be specially benefitted by said improve- <br /> ment, and the cost and expense of the improvement shall include the <br /> expense of preliminary and other surveys, printing and publishing <br /> notices, resolutions and ordinances required, the serving of notices <br /> and the cost of construction, together with the interest on bonds that <br /> shall be issued in anticipation of the collection of deferred payments <br /> of assessments and other necessary and incidental e~pense. <br /> Section 4. That the assessment so to be levied shall be payable <br /> in five annual installments, with interest on deferred payments at <br /> the rate of three and one-half per centumper annum, payable semi- <br /> r <br /> annually, p Ovlded, however, that the owners of any <br />parcels of land so assessed may, at their option, pay such assessment <br />within thirty'(30) days after the passage of the assessing ordinance <br />in this proceeding, and such cash payment of assessments shall not <br />include any items of interest on bonds to be issued in anticipation of <br />the collection of deferred installments of assessments. <br /> Section 5. That bonds of the City of Lakewood shall be issued in <br />anticipation of the collection of said assessments in an %mount equal <br />thereto. <br /> Section 6. That the remainder of the entire cost and expense of <br />said improvement not specially assessed, including damages awarded to <br />any owner of adjoining lands or interest therein shall be paid out of <br />the Gasoline Tax, Motor Vehicle License Tax or other funds of the, City <br />of Lakewood. <br /> Section 7. That this resolution shall take effect and be in force <br />upon its passage and approval by the Mayor and at the earliest period <br />allowed by law. <br /> <br />Adopted:. Aprit 3, 1961 <br /> ...... F. Wilson Chock~ey, <br /> President <br /> <br />Approved: April 5~ 1961 <br /> <br />PhiliP.M. Dearborn <br /> Acting Clerk <br /> <br />Frank P. Celeste <br /> MaYor <br /> <br /> <br />