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GITY OF NORTH OLMSTED <br />RESOLUTSON N0. ,~ ~'~' 7-- <br />~„ <br />RESflI,UTION RELEASING BOND QF C & K &JILDF,RS, INC., Ft~t <br />I~ID 3UBDSVI3IaN N0. 2 ACID ND. 3 COVB'KIING PAVING A,ND <br />SIDE~ALg,.AND DECLARING AN EMERGENCY. <br />WHL~EAS, C & K Builders, Inc. have in compliance with its <br />Subdivision No. 2 and No. 3, installed the paving az d sidewalks as <br />required by the ordinances of the City of North 0].msted excepting <br />therefrom seven lots in front of which no sidewalk was installed, <br />and <br />W'I~REAS~ C & K Bw.i.lders~ Inc.. have sold said uniatproved <br />lots to William Rinyn, who has deposited with the City $1200 cash <br />bond to insure the installation of said sidewalk in accordance with <br />the ordinances of said City, in front of the lots formerly owned by <br />C & R Builders, Inc. All other improvements by C & K Builders, Inc. <br />having been installed and reported acceptable by the City Engineer, <br />NOW, TI~REFC~RE, BE IT RESOLVED by the City of North Olmsted, <br />State of Ohio <br />Section l: That the bond of C & K Builders, Inca. for its <br />Leland Subdivision No. 2 and No. 3, with the Aetna Casualty & Surety Co. <br />in the principal stns of X11,500.00, be, and is hereby, released as the <br />installations of the improvements i.n said Subdivisions as required by <br />the ordinances of the City, have been met in accordance with said <br />ordinances, or otherwise secured. <br />Section 2s That this Resolution is hereby declared to be an <br />emergency measure necessary for the mediate preservation of the public <br />welfare, and such emergency exists by virtue of the necessity of releasing <br />to the subdivider of its penal bond, insuring the installation of the im- <br />provements in its Leland Subdivision No. 2 and No. 3 as required by the <br />ordinances of the City of North Olmsted as William Rinyu has made a satis- <br />factory deposit securing the completion of the improvements covered in said <br />bond, namely, the sidewalks in front of the seven uninq~roved lots conveyed <br />by C & g Builders, Inc, to William Ri.nyn.. <br />Section 3r Tabasrefore, this Resolution shall take mediate effect <br />from and after its passage, otherwise, at the earliest period allured by law. <br />PASSED: ,/``-~-e- °~'` ~ % <~ ~ <br />ATTEST: <br />s , r o <br />~.~ <br />. ass one ounc <br />APPROVEDs <br />'°~ ~ .~ <br />f ,, <br />Pa aresu, or <br />~. <br /> <br />