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Resolution No. 296 <br />By M,r o Beard <br />A RESOLUTION APPROVING FOR T-tECORD Tffb' FINAL PL9N OF <br />PROPOSED. ROBL EY SUBDIU'ISION Ido. 1 OF PART OF OR2GINAZ <br />SUBLOTS,NOS_m _.37 ANND .47 _ iLPON TIM FURNISIiING OF CERTATN <br />SECUR2TY. - - <br />10EIMS, Council on July 25, 1955, by Resolution No? a? 4 approved <br />(but not for record) the final plan of proposed Robley Subdivision No. 1 of <br />part of Orioinal Sublots iVos. 37 and 47; and <br />inTHEREAS, LEROY ROBLEY, the owner of said property, has offered -to <br />submi.'u cea.^tain security by way oi the deposit of funds in escrow with the <br />Society for Savings' in lieu of makitig the street i.mprovements requixed by <br />Section 6 0f. Orcainan.ce Noe L68, and in lieu of a surety bond permitted by <br />Section 7 of said Orclinancem <br />NOT?rT THEREF'ORE BE IT 1-?iSOLVED BY THE COUPdCTL CF THE VILTAGE CF <br />MAYFTELD, CUYAHOGA COU?1`I'Y, . OLHIO., ^1HAT: <br />Sec m lo The fina.l plan of proposed Robley Subcli.vision No, 1 of <br />part of orig•inal s ublots Nos. 37 and 47 is hereby approved for record and the <br />Clerk is authorized to sign the said final plan, upon the deposi'u by the <br />owner of said proposed aLotment in a special escrow account in the Society <br />foz Savings of funds in the amount of 100%0 of the estimate made by the <br />Villa.ge Engineer of the cos'c of maki.ng all of the improvements required by <br />Section 6 of Ordinance Noa 468. The said escrow accotust shal.l be for the <br />sole purpose of making the improver,zer.ts herzinaiter speciiied and shal.l <br />provide that, if the said improvements are not instaJeled withzn two fears <br />after the date of the establishment of said escroVr account' Society for <br />Sasrings shall release the bala.r_ce in sai.d escrow account to the Village of <br />Mayfield for the completi.on of said 3mTrovemen.ts. The Clerk sha11 not <br />sign the final plan for record until the Vi7.Zage Engineer has certified <br />that a sufficient sutn has been cleposited in said escroti;r account to gua7-antee <br />the making of sa.id improvemen•ts and until the Village Sol3citor has approved <br />the instructions establishing said escrow account. _ <br />Sec. 2. The approval of said final plan for record shaZl not be <br />construed.as a.d;dazatiomor acceptance oi the streets shown tYereon. <br />Sec, 3. This Resolution is heieUy determined to be an emergency <br />measure3 necessary for the immediate preservation o£ the public peace, health, <br />safety and welfare of the Vi11age of N%.yfield because of the need of constructing <br />adclitional housdng__ . facilities in tYus ViZlage, and said Resolution sha71 be <br />in force and go into effect from and after the date oi its adoption. <br />Adopted this 15th c1a,y of August, 1,955, <br />Attes-Es flv !Y <br />Mayor ? residentu of owlcil <br />r . . <br />S ' L lerk