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1958 434 Resolution
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1958 434 Resolution
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Last modified
11/19/2018 3:49:40 PM
Creation date
7/25/2018 9:18:30 AM
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Legislation-Meeting Minutes
Document Type
Resolution
Number
434
Date
8/18/1958
Year
1958
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Page 2. <br />issued in anticipation of the collection of deferred assessments' and a11 <br />other necessary expenses or expenditurese <br />Sec. 5. That the assessment;,s so to be levied sha11 be paid in <br />ten (10) annual instal]ments, wi.th interest on deferred payments at the same <br />rate as shaLl be bvrne by the bond.s to be issued in anticipation of the <br />collection thereofg prav3.ded that the ow:ier of any property assessed' may' <br />at his option, gV. such assessment in cauh within thir'ty (30) days after the <br />passage of the assessing ordinance. <br />S ec o 6. 1'ha t the b onds of the Vil1.a ge of Mayfield s ria11 b e is sued <br />in an-ticipation of the collection of assessments by installments and in an <br />amount equa]_ thereto; and notes of said. Village shall be issued in anticipa= <br />tion of the issue of such bond.s. <br />SeCe 7. That the remainder of the en.tire cost9 18% of said <br />improvement' not specially assessed, which i.ncludes the cost of intex°sections, <br />together with the cost of any real es-tate ar interest therein purchased or <br />appropriated' and the costs and expenses of any a ppropriation px°oceedings <br />therefor,, a nd the damages awarded any owner of adjoining lands and interest <br />thereon, and the costs and expenses of such awarc1.9 sha11 be paid by the. <br />Village of Mayfield by the issuance of bond.s in the manner provided by la'a. <br />Secm 8. That this Resoluti.on shall take effeet and be in full <br />force and effect from and after the earliest period allowed by lawo <br />1?dopted; Augu.st 189 1958• <br />,Approved ??,vY`??? <br />Mayor - President of CouncL <br />attes-t;
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