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line of the Village of ~'Iayfield in an Easterly direction to <br />the `~esterly_ line of SOM Center Road, which lots and lands <br />are hereby determined to be specially benefitted by said <br />improvement; that the cost of said improvement shall, include <br />the expense of the preli.r~inary and other surveys and of~.printing <br />and publ~.shing the notices, resolutions and ordinances required, <br />and the serving of said notices, and the cost of constrti~.ction, <br />together with interest on notes and bonds issued in anticipation <br />of the collecticn of deferred assessments, and all other <br />necessary expenditures. _ <br />Sec. ~.. That the assessments so to be levied shall be paid in ten (10) <br />annual installments, with interest on deferred payments, at <br />the same rate as sha11 be borne by the bonds to be issued in <br />anticipation of the collections thereof; provided, that the <br />owner of any property assessed may, at his option, pay such <br />assessment in cash i,~.thin thirty days (30) from and after the <br />passage and legal publication of the assessing ordinance. <br />Sec. 5. That bonds of the Village of Mayfield shall. be issued in <br />..... anticipation of the collection of assessrr~nts by installments <br />and in an amount equal thereto and notes of said Village of <br />Mayfield shall ba issued in anticipation of the levying of such <br />assessments and the issuance of bonds. <br />Sec.6. That the remainder of the entire cost of said improvement, ~.0~ <br />not specially assessed, sYaall be paid by the Village of 1"layfield <br />by the issuance of bonds in the manner provided by law and notes <br />of said Village of yk.yfield sha31 be issued in anticipation of <br />the. issuance of such bonds0 <br />Sec.7. That the Clerk and Mayor of Mayfield Village be and they are <br />- ... hereby authorized and directed, as soon as funds therefore are <br />available, to make and execute a contract for said improvement <br />with the lowest and best bidder, after advertisement according <br />to law. <br />Sec.8. That this ordinance shall.tal~ effect as an emergency measure: <br />..-.. for the reason that funds are required for the immediate <br />construction of said improvement for the convenience, necessity <br />and. welfare of the citizens .of Mayfield Village and sha]1 take <br />effect and be ita full force from and after its passage as an <br />emergency measure. <br />Passed this 20th day of June, 1955. <br />Approved <br />Attest <br />. -~ ~ ~/ <br />.rTayor - . resident .of . ouncil . . . <br />S + 1~ <br />