1959 671 Ordinance - Laserfiche WebLink

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ORDIN&NCE Noe 671 , l3y Mr. Wedlei° ? S°conded by I?'ir. Zomn i AIN IIMERGENCY ORDINkNCE TO 1'ROVIME FOR THE ISSUE OF SFECZAL ASSFSSMNT BONAS IN ANTICTM-'I'ION OF THE COLLECTION OF SPECIA.L ASSESSMENTS FOR _ THE IMPROVEEIZENT ' Or SQk2 CENTER ROAD .IN TiiE VrLLLAGE OF W'.YFIELD, OHI03 FROM HTGHT,AM R0AD IN A SOtTTHLRt,Y DIRECTTON 2650 FEET TO THE EXZSTING WA.TER M,IN' BY THE _COIB TRUCTIOV OE A.. WATAR WSN 1_?ND APFURTEN&NCES THEREIN, AID IN ANTICI3'ATION ' OF. THE COT,LECTION OF. SPECTa A_SSESSNIEiVTS . FOR TH.N,, TMT'ROVE- MENT BY THE CONSTRUCT30N OF. SIZIEUJ_1?,LISS THEREIN. OF THE NORTH SIDE OF SENEC1k RQ_A..D, FR(H ITS _ INTEPwECTION WI`.rH S%2 CENTER ROAD TO A POTNT 300 FEET EA?' ) TERT,Y. FRO'i?i THE , GENTER LINE OF .SOM CENTER ROAD9 AklD FOR, THE IIulPROVIIKENT OF AN W=T HELD BY. TI-P VILF.&GE _ OF W?YFIELD OHIO., . , S IDr OF S ONI CENTER PARALLET, TO AN D. A{BUTTINu TFiE. FA,S T . ROA,D_ FROt4. W_Q`..S OAT M1ZTs ROAA A1'FROX12G?'IELY 138.01/2 ,?`EET TN A,, SOU'IPLRMY DIRECTION AND FOR THE INk'ROVME, N`i' OF THE FAST STDE OF SOM_ CENTER ROAJ) IN THE DLDICk'I`ED PORTTON TIIMEOF TO THE NORTHERLY LZNE OF. SENEC-4. ROAT). ZAIHERE.4,S9 -this Council has requssted the Clerk to issue his certificate as to the estimated life oi the i.mprovements h.ereinafter described, the property ' o-vanerst portion of said cost to be discharged-from the proceeds of bonds herein- after referred to' and as to tlle m?imun maturity of such bonds., the Clerk has certified to this Counci]. such estiriated ].ife of each of said improvements as exceeding 5 years, and has further certified the maximum: mat,urity of said bonds as 10 yeax°s; and WFIEEff.AS' a note of t1z7.s Village in the amount of $28a 200.00 has been issued and sold in anticipation of the issuance of bonds hereinafter referred to' ia1 connection t,rith the water main improveinent hereinafter described' and such note is novT due and payable; and 'WHERW, a note of this Vinage in the amount of $5,800@OO has been issued and sold in antici.pation of the issuance of bonds hereinafter referred to,in connectioii with the sidewaik improvemen-ts herei.nafter described, and is now due and payable; and WHEREAS' pur5uant to Ordinance No. -668., passed Ju1y 6, 1959, levying s pe cial a ss es smen.ts in the amount of ?,?p27 s404.61' -to provide a fund f'or the payment of principal and interest of said bonds to be issued in anticipation of the collection of special assessments f'or the improvement of SQM CEN'IER ROI? in the Vill.age of Mayfield, Ohio,, from High7.and Road in a Southerly dix°ection 2650 feet to the existing water main' by the construction of a water main tllere3.n and to cover the remainder of the property ownersa portion of the cast of said improvement., the Clerk of the V%11age of Mayfield has certified that special.