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? <br />? <br />? <br />? <br />? <br />(L <br />C5 <br />m <br />? <br />? <br />? <br />? <br />? <br />? <br />Cl) <br />Ordinance No. 706 <br />By Mrs, Brown <br />Seconded by Mr. Belzer <br />AN EMERGENCY ORDINANCE TO PROVIDE FOR THE ISSUE OF <br />SPECiAZ ASSESSI\ENT SONDS IN ANTICIPATTON OF THE <br />, COZLECTION OF SPECIAI. ASSESSMENTS FOit THE IIKPROVEe1ENT, <br />BY GRADING, DITCHING, AND PAVING jti7ITH ASPHAZTIC I+''?ATERIAI,S, <br />OF SENECfi ROAD, FROM S,O.Me CENIER ROAD TN AN EASTERLY <br />, DII2ECTTON TO THE WESTERLY 1INE OF BEECH HII,-L ROAD, OF <br />GLENVIEW ROAD IN AN EASTERZY DIi2E-CTI0N TO THE WESTERLY <br />ZINE OF BEECH HILI, ROAD, ATJD OF BONNIEVIEW ROAD, FROM <br />, S.O.M. CENtE12 ROAD IN AN EASTERZY DIRECTION TO THE <br />WESTERLY LINE OF BEECH AILL ROAD. <br />GJiiEREAS, this Council has requested the C1erk to issue his certif icate <br />as to the estimated life of the improvements hereinafter described, the property <br />ownersg portion of said cost to be discharged from the proceeds of bonds herein- <br />after referred to, and as to the ma3:imum maturity o£ such bonds, the Clerk <br />has certif ied to this Council sueh estimated life of each of said improvements <br />as exceeding iive years and has further certified the maximum maturity of <br />said bonds as 10 years; and <br />, Tn1HERF,AS, a note of this Village in the amount of $34,955.00 has <br />been issued and sold in anticipation of the issuance of bonds hereinafter <br />referred to, in connection with the improvements hereinafter described, and <br />' such note is now due and payable; and <br />0 <br />f? <br />? <br />? <br />m <br />?. <br />C0 <br />? <br />? <br />? <br />? <br />Z <br />? <br />? <br />U) <br />WHEREAS, pursuant to Ordinance No. 702, passed May 16, 1960, levying <br />special assessments in the amount o£ $12,382.50 to provide a fund for the <br />payment of principal and interest of said bonds to be issued in anticipation <br />of the collection of special assessments for the improvement of Seneca Road <br />in the Village of Mayf ield Ohio, from S.O.M. Center Road in an Easterly <br />direction to the Westerly line of Beech Hi11 Roadm by grading, ditching and <br />paving with asphaltic materials and to cover the remainder of the property <br />ocanerst portion of the cost of-said improvement, the Clerk of the Village <br />of Mayfield has certified that special assessments in the aggregate amount <br />of $2232.35 have been paid in cash during the period provided by law for <br />said improvement; and <br />[dtiEREAS, pursuant to Ordinance No. 703, passed May 16, 1960, levying <br />special assessments in the amount of $12,007,09, to provide afund for the <br />payment of principal and interest of said bonds to be issued in anticipation <br />of the collection of special assessments for the improvement of Glenview <br />Road, from S.O.M. Center Road in an Easterly direction to the Westerly line <br />of Beech Hi11 Road by grading, ditehing and paving with asphaltic materials <br />and to cover the remainder of the property ox,mers° postion of the cost of <br />said improvement, the Clerk of the Village of iqayf ield has certif ied that <br />special assessments in the aggregate amount of $2207049 have been paid in <br />cash during the period provided by law Eor said.imgrovement; and