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1961 745 Ordinance
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1961 745 Ordinance
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Last modified
11/19/2018 3:52:42 PM
Creation date
8/7/2018 5:31:57 AM
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Legislation-Meeting Minutes
Document Type
Ordinance
Number
745
Date
8/21/1961
Year
1961
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ORDINANCE No. 745 <br />By Mr. Belzer <br />AN ORDINANCE TO PRAVIDE FOR THE ISSUE OF NOTES IN <br />ANTICIPATION OF THE LEVY_OF SFECIAZ,.ASSESSMENTS.AND IN <br />ANTICIPATION OF THE ISSUANCE OF $ONDS_IN ANTICIPATION <br />OF. THE_ COLLECTION. OF ,SPECIAL ASSFsSSMENTS FOR. THE IML'P.OVE- <br />MENT.OF WORTON.gARK_DRIVE, WOODLANE DRIVE, NORTH WOODLANE <br />IItIVE,_SOUTfi WOODLANE DRIVE AND.NORMAN.LANE DRIVE. _ <br />WHEREAS, The Council of the Village of Mayfield has heretofore by <br />legislation.d_eclared the necessity of improving Worton Bark Drive, Woodlane <br />Drive, North Woodlane Drive, South Woodlane Drive atad.Nox~nan_Lane Drive, by <br />constructing a water main and appurtenances therein. _ _ <br />NOW THEREFORE., .BB IT ORDAINED BY THL COUNCIL OF TH8 VILT~AGE OF <br />N~AYFITLDS <br />Sec~l. That it is hereby declared necessary to issue bonds of the <br />Pillage of M~rfield.in the principal sum of $ 74,200.00 for the purpose of <br />raising. money in anticipation on the collection of special assessments for the <br />improvement of the following named streets by the construction and installa- <br />tion of water mains and appurtenances as provided for in Resolution #499, <br />adopted June 19, 1961; _ <br />(a) Aorton Park Drive, from the existing water main~in the inter- <br />. section of Worton Park Drive and Hemingway Drive, in a South- <br />erly direction to the Northerly line of South Woodlane Drive; <br />(b) Woodlane Drive, from the Southeasterly corner of Sublot No. 20 <br />in a Southerly direction to the Northwest corner of Sublot No. <br />11; _ <br />(c) North Woodlane Drive, from the Westerly line of 'Worton Park <br />_ Drive in a Westerly direction to the Southeasterly comer of <br />Sublot No. 20; <br />(d) South Woodlane Drive, from the Northwesterly corner of Sublot <br />_ No. 11 Easterly_to a point 225 feet East of the center line <br />of Worton Park Drive; <br />(e) Norman Zane Drives from the Westerly-line of Worton Park Drive <br />_ Westerly to the Easterly line of Woodlane Drive. . <br />Seems 2. That said bonds shall be dated September lst, 1962, shall <br />bear interest now estimated at three and one-half per centum (3-1/2%) per <br />angum,.payable,semi-annually and shall mature in 20 annual installments afher <br />their issuance. <br /> <br />
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