61-028 Ordinance - Laserfiche WebLink

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Section 2. That all claims for damages resulting therefrom that have been legally filed shall be inquired into after the completion of the proposed improvemen~~,, and the Solicitor shall be, and he is hereby authorized and directed, to :institute legal proceedings in a court of competent jurisdiction to inquire into any claims that have been so filed. Section 3. That the entire cost of those sewers above designated as items 17, 18, 19, 20 and 21 shall be assumed and paid by the City. That the entire cast of all of the other sewers above described, to-wit, items 1 to 16, less one-fiftieth thereof and the cost of all intersections, sha1.1. be assessed in proportion to the benefits which may result therefrom upon all lots and lands bounding and abutting thereon. That the cost of such improvement shall include the cost of legal services and of obtaining an approving opinion, the expense of preliminary and other surveys, and of printing and publishing the notices, resolutions and ordinances required, the serving of said notices, and tYe costs of construction, together with interest on notes and bonds issued in anticipation of the collection of deferred assessmen.t.:s and other necessary expenditures. Section ~+. That the assessments so to be levied shall be paid in twenty annual installments, with interest on deferred payments at the samerate as shall be borne by the bonds to be issued in anticipation of the collection thereof; provided that the owner of any property assessed may, at his option, pay such assessment in cash within thirty days after passage of the assessing ordinance. Section 5. That bonds os' the City shall be issued in anticipation of thy: collection of assessments by installments and in an amount equal thereto and notes of said City shall be issued in anticipation of the issue of such bonds and the levy of such assessments. Section 6. That the remainder of the cost of said improvement, after allocation of other City funds available therefor, and after application of the assessments herein provided, together with cost of any real estate or interest therein purchased. or appropriated, the costs and expenses of at~y appropriation proceeding therefor, and damages awarded any owner of adjoining lands with interest thereon, together with the costs and expenses of axe' such award, shall be paid by the issuance of bonds in the manner provided by :law. Section 7. That the Director of Public Sexvice be and he is hereby authorized and directed as soon as the funds therefor axe available to make and execute a contract for said improvement with the lowest and best bidder after advertis~.n according to law. Section 8. 'Phis ordinance is hereby declared to be an emergency- measure necessary for the immediate preservation of the public peace, health and safety of said City, and for the further reason that the immediate construction 3