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<br />CITY OF NORTH OLMSTED
<br />ORDINANCE NO. 96-74
<br />BY: Councilmember Lind
<br />AN ORDINANCE PROVIDING FOR THE ISSUANCE
<br />AND SALE OF $7,660,000 NOTES, IN ANTICIPATION
<br />OF THE ISSUANCE OF BONDS, FOR THE PURPOSE
<br />OF IMPROVING CERTAIN DESIGNATED STREETS IN
<br />THE CITY'S STREET SYSTEM BY GRADING,
<br />DRAINING, WIDENING, RECONSTRUCTING THE
<br />PAVEMENT BASE, PREPARING THE SURFACE AND
<br />SURFACING AND RESURFACING, CONSTRUCTING,
<br />RECONSTRUCTING AND REHABILITATING CATCH
<br />BASINS, CURBS, DRIVEWAY APRONS, MANHOLES,
<br />SANITARY SEWERS AND SANITARY SEWER SERVICE
<br />CONNECTIONS, SIDEWALKS, STORM SEWERS AND
<br />WATER MAINS AND WATER SERVICE
<br />CONNECTIONS AND INSTALLING STREET
<br />LIGHTING, ALL WHERE NECESSARY, IN EACH CASE
<br />TOGETHER WITH NECESSARY APPURTENANCES
<br />AND WORK INCIDENTAL THERETO, AND
<br />DECLARING AN EMERGENCY.
<br />WHEREAS, pursuant to Ordinance No. 94-36, passed on March 1, 1994, as
<br />amended by Ordinance No. 94-77, passed on April 19, 1994, notes in anticipation of bonds in
<br />the amount of $5,260,000 (the 1994C Notes) were issued for the purpose of improving the
<br />City's street system (i) by grading, draining, curbing, reconstructing the pavement base and
<br />surfacing, by reconstructing and rehabilitating catch basins, driveway aprons, sanitary sewers
<br />and sanitary sewer service connections, sidewalks, storm sewers and water mains and water
<br />service connections, where necessary, and by installing street lighting in Cambridge Drive,
<br />Christman Drive, Hastings Drive, Stewart Avenue, Sutton Drive, Birch Lane, Coe Avenue, East
<br />Oxford Oval, Esther Avenue, Hawkins Road, MacBeth Avenue, Noreen Drive, North Oxford
<br />Oval, Olmsted Oval, Palm Drive, South Oxford Oval, Westchester Drive, West Oxford Oval
<br />and Oak Lane from its intersection with Coe Avenue easterly approximately 300 feet; (ii) by
<br />grading, draining, widening, curbing, reconstructing the pavement base, and surfacing and
<br />resurfacing, by reconstructing and rehabilitating water mains, sidewalks and driveway aprons
<br />and constructing and reconstructing storm sewers and catch basins, where necessary, and
<br />installing underground wires and cables for street lighting in Antler Drive, Doe Drive and
<br />Hunter Drive; (iii) by reconstructing sections of the pavement base, preparing the surface and
<br />resurfacing, reconstructing and rehabilitating catch basins, manholes, curbs, sidewalks and
<br />driveway aprons, where necessary, in Bellewe Drive, Berkshire Drive, Croton Drive, -David
<br />Drive, Devon Drive, Dorothy Drive, Glouchester Drive, Hampton Drive, Midvale Drive,
<br />Northern Avenue, Paisley Drive, Pompton Drive, Southern Avenue, Tudor Drive, Vincent Drive
<br />and Willet Circle; (iv) by grading, draining, widening, curbing, reconstructing the pavement
<br />base and surfacing, by constructing storm sewers and catch basins, where necessary, and by
<br />reconstructing driveway aprons in Butternut Ridge Road from a point approximately 100 feet
<br />east of its intersection with Kennedy Ridge Road westerly approximately 600 feet; and (v) by
<br />grading, draining, curbing, reconstructing the pavement base and surfacing, by reconstructing
<br />and rehabilitating catch basins, driveway aprons, sanitary sewers and sanitary sewer service
<br />connections, storm sewers, water mains and water service connections, where necessary, and
<br />D03: [00523.DOCS.NOR05225]NOTE_ORD_STREETSI_$7_660.
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