62-083 Ordinance - Laserfiche WebLink

Home Browse Search

.- CITY OF NORTH OLMSTEI7 OR~3I NANCE N:.. 62 ~~-- By ~~ -x= AN OR?<"iINANCE DETERMINING TO PROCEED WITH THE CONSTRUCTION OF A WATER A'IAI:~f IN WALTER ROAD, AND DECLARING AN EMERGENCY. 3E I'1 ORllAINE~7 by the Council of the City of North Olmsted, State of Ohio: Section 1: That it is hereby determined to proceed with the installation and construction of a water main and appurtenances thereto on Walter Road in the City of North Olmsted and on Walter Road. in a portion thereof which lies within the corporate limits of the City of Westlake in accordance with Resolution No. 62-17 passed February 20, 19b2, and in accordance with the plans, specifications, estimates and profiles heretofore approved and now on file in the office of the Director of Public Service, such plans and specifications being incorporated herein by reference and reference being made thereto for a statement of the character of. the materials which may be bid upon for such improvement. Section 2: That the estimated assessments against teach lot or parcel of land to be assessed as prepared by the City Engineer and heretofore filed with the Clerk of Council before the passage of Resolution No. 62-17, in accordance with the provisions of Revised Code Section 727.12, are hereby approved and adopted, no claims for damages resulting from such improve- ment and no objections to said estimated assessments having been filed. Section 3: That one-half the entire cost of said im- provement shall be assessed upon the lots and lands bounding and abutting upon the proposed improvement within the corporate limits of the City of North Olmsted which said lots and lands are hereby determined to be specially benefited by said improvement, and the other one-half of the entire cost of said improvement shall be the city's portion under the terms and conditions of its agreement with the City of Westlake. The cost of said improvement shall include the cost of legal services and of obtaining an approving opinion, the expense of preliminary and other surveys, of printing and publishing the notices, resolutions and ordinances required, the serving of slid notices and the cost of construction, to- gether with the interest on notes and bonds issued in anticipa- tion of the collection of deferred assessments and other necessary expenditures. Section 4: That all the assessments so to be levied shall be paid in ten annual installments, with interest an de- ferred payments at the same rate as shall be borne by the bonds to be issued in anticipation of the collection thereof; provided, however, that any such assessment in the amount of Five x$5.00) Dollars or less, shall be paid in full, and not in installments, at the time when the first or next installment would otherwise become due and payable; provided,f urther, that the owner of any property assessed may, at his option, pay such assessment in cash. within thirty C30) days after the passage of the assessing ordinance.