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64-254 Resolution
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64-254 Resolution
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Last modified
2/7/2014 10:09:13 AM
Creation date
2/5/2014 6:05:26 AM
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North Olmsted Legislation
Legislation Number
64-254
Legislation Date
10/20/1964
Year
1964
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Section 6. That the Consulting Enginners of this City be and theY <br />are hereby autnorized and directed to prepare and file in the office of the Clerk <br />? of Council the estimated assessments of the cost of the improvement deacribed <br />in this resolution. Such estirrated assessments shall be based upon the estimate <br />of cost of said iuiprovement now on file in the oPfice of the Clerk of Council <br />and shall be prepa.red pursuant to the provisions of this resolution. Ghen such <br />estimated assessments have been so filed, said Clerk shall cause notice of the <br />adoption of this resolution and the filing of said estimated assessments to <br />be served on the owners of all lots and lands to be assessed as provided in <br />Section 727.13 of the Revised Code. <br />Section 7. That the assessments to be levied shall be paid in twenty <br />annual installments, with intertst on deferred payments at the same rate as <br />shall be borne by the boilds to ue issued in anticipation oi the collection thereof; <br />provided, that ttie owT:er of any property assessed may, at his option, pa.y such <br />asaessment in cash witY:in tnirty days after passage of the assessing ordinance. <br />Section &. That bonds of the City shall be issued in anticipation of <br />the collection of assessments ty instal]ments and in an amount equ81 thereto <br />and notes of said City shall be issued in anticipation of the issuance of such <br />bonds and the levy of such assessments. <br />Section 9. Iniis resolution supersedes Resolution No. 64-21b pasaed <br />on September 15, 1964 and accordingly said Resolution No. 64-21b is hereby <br />repealed. <br />Sectior. 10. This resolution is nereby declared to be an emergency <br />measure necessary f'or the ;mmediate preservation of the public peace, health and <br />safety of said Cit;,,j and for the further reason that the iumediate construction <br />of said improvement is necessary to protect the health of the abutting ovners <br />and the inhabitants of the City; wherefore, this resolution shall be in Pull <br />force and effect from and imrnecliately after its passage and approval. <br />? 4 <br />y? <br />Passed <br />Approved ?"(J ?•.? , 1.964 <br />1 r_ <br />? <br />sident of C? .i::,• i; <br />. A r <br />Attest: ? CA-tt ? e-Ai <br />_._. <br />Clerk ; f Counc il <br />? <br />.? ? <br />3
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