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90-064 Ordinance
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90-064 Ordinance
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1/20/2014 12:15:36 PM
Creation date
1/16/2014 9:15:54 AM
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North Olmsted Legislation
Legislation Number
90-064
Legislation Date
5/15/1990
Year
1990
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?? -00** <br />14vow I-WO,, <br />FINAL COST <br />and <br />ONE-THIRD CERTIFICATE <br />I certify that: <br />1. Based on actual construction costs for improving North Olmsted <br />Industrial Parkway between certain termini by grading, draining, curbing, <br />paving and constructing a water main and storm and sanitary sewers, together <br />with the necessary appurtenances thereto, in accordance with Resolution No. <br />88-68 adopted June 21, 1988, the aggregate final cost of that improvement, <br />ineluding the costs specified in Section 727.08 of the Revised Code and all <br />other necessary expenditures and net of investment earnings, will be <br />$1,010,000. <br />2. Pursuant to that resolution and Ordinance No. 88-69 passed June <br />21, 1988, no portion of that cost is to be allocated to the City and paid from <br />City funds. The total cost is to be assessed in accordance with that <br />resolution and ordinance. <br />3. The estimated special assessments filed pursuant to that resolu- <br />tion and approved by that ordinance have been revised in the same proportion <br />as the aggregate final cost has been increased from the estimated cost of the <br />improvement as filed prior to the adoption of that resolution, and accordingly <br />thP revised special assessments for this improvement aggregate in amount <br />$1,010,000. Those revised special assessments were filed in my office on May <br />15, 1990. <br />4. No special assessment for the improvement, together with all <br />other special assessments levied within a period of five years preceding the <br />anticipated date of passage of the assessing ordinance for the improvement, <br />exceeds one-third of the actual value of the property, including improvements <br />thereon, as enhanced by the improvement. This certifieation is based on the <br />revised special assessments and the final cost of the improvement as stated <br />above. <br />D a t e d: M ay 15, 1990 `Acting Clerk of Council <br />City of North Olmsted, Ohio
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