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OADIMCE No. 628 <br />_ By "Hr. Hop? <br />, Seeonded by-Mr, Zora <br />AN B'+3?QrENCY ORDIlMIiTCE T0 FROV33)E- FCJR 7EIE 7;SSUE OF SPEG?AL <br />A.SMSMENT BONDS.IN'ANTICIl'ATION OF` 3gE CORTECTIf)N OF SFECIIf,L <br />ASSFS.SMMTS FOft THE IlMP'ROVEMEPPr *OF _I&NDIIR RCAD. FROM WILS ON <br />MILW R(?AD TR A SOU7HERLY DIRECT20AI. TO THE SODTH CMPMATION <br />LIF3E OF THE _ VMUGE . OF MAYFMMDp . BY. THE I1+15 BIT,ATION (7F A <br />WATEft MA1N ANID A„PPM'MIdANCffi.. . - <br />WMtM-, ?Counei1 has requested the Clerk to issue b3.s cez°tifica°te <br />as to fdle estixnated life of the improvements hereiaafter. describedi the <br />property oumers ' portiion of sai,d eost tA be di.scharged from the proeeeds of <br />bonds,hereinafter referred ta, and as to the maximunt maturity of such bondss <br />the Clerk has certified to this Courac3.1 such estimated life of each improae- <br />snent as exceeiding 5 years? md has furthsr certif3.ed the maximun rsa°turity of <br />said bords as 40 years; ani <br />? WHFRA'.?5q a xiote aP this Vi7lage in the azaztnt of $12s950.00 bas been <br />? issued, and sald in ant3.c3.pation of the issaance of bond$. hero3nafter reYerred <br />, to and is aor du.e and payable; and . . <br />? WHERFAS, pursumt to ord3naince No, 625, Passed duue 2nd, 1958; levying <br />i spec3a1 assessments _ 3n _.the _amount of W#07:1•12' .to. provi.de a fund for the <br />? payment of principaiasd intsrest af said bonds. to be._ issued in ant3.c3.pation <br />of the co3].ection of special assessFmnts for the_imprcvement ef Lander Rc?ad <br />; from W31son Nli.11s Raad ib a Sontherly d3xection. iio_.the South.,eorporat3.on ].iae <br />i of the V111age of MayPield' by the constr+zcfAion of a water ma3.n there3n and <br />? to cover filie. rem3.ndior..of the propertF owmexs i porfi,ion'.af.the cost of said <br />? 3.mprovementj, the Clerk of tne. VilUge of Mayfiel,d has cert3.fied that special <br />i assessmants i.n the sggregate_ amomt of $3079.07??? ?en' Paid ?,eash during <br />? the period provided by law for said. improvement; . <br />? <br />I N(M THEREF'ORE HE IT ORDAINED_ BY THE tOUNC1Tr OF; THE VIIAGE 0F MF'IELD, <br />' CiJMOGA EOUNTIt (ySLO; <br />j - -- -- - _ . <br />i Sec._.1,? That to provide a f?u?i for the payment of the eost and e?nse <br />' ia? anticon of :the4 cvllection of special assessments Ierein levied for <br />the 3mprovement of Laraer Road in -the Village of Mayfie3.d, Ohio, from TiJ'ilson <br />N1I31s Road. i.n a S autharly_ _ ilireetion to the South corporation Lne of the <br />9illage of Mayfiel+d, by the constraetion cf a water. main and appurtenances <br />? and to cover the rema3.nder.of the proper.$y omerst port,ion of the aost of- <br />sa°Ld 3.mpravement, in aecordance wifih Resoluti.on No, ;363j, adopted Noveaaber <br />! 26, 1956, it is nc3cessar:? to issue and se31 special assessment bonds of the <br />• YiUage of Mayfis].d, Ohi:o9 3a the sum of $52.q954„40, mhich a¢nount inel.udes <br />' i an amflunt est3matee1 to be sufficient to pay the 3ntereat oa sa3.d bondsa <br />; unta.1 the first collect3on_ Qf fihE assessments anticipated by these londis <br />i - is received, '