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RESOLIITIOTd IdO. 1715 <br />By : ~.r . Levis RESOLB`I' ION DFCL.I3G IT <br />T3FCESS~.:RY T O IIVi~'ROVE +`'T ~~N S <br />tOA.D FROi~ LORhITd R.Ors.T) TO <br />idol-~TT-iNRLY LIi~~H~ C~r~ B i~ <br />STEnR~1S i'RO~:~RTY, ~+Y COIVuTFL](:T- <br />I~iG hLtF:Il'u h ~4eTFR ~rIN. <br />1~~H~s.E~iS the o~n.ers cf sixty per cent of .,he foot front~.ge <br />of property on Stearns Road from Lorain Road to northerly line of <br />B~;rnard Stearns property, have petitioned in ti~riting for the improvement <br />of said. street by constrr~cting therein a grater main; nom, therefore, <br />BL IT SOLVED by the Council of the Village of Norte-+ Olmsted, <br />Ohio, tY1ree-fourths of all members elected thereto concurring: <br />Section 1. That it is necessary to improve Stearns i~oac~ fro~ri <br />Lorain Road to northerly line of Bernard Stearns l~~roperty, by con- <br />structing therein a ~rt~ater main in accordance b~ith tr~.e ~.~lans ana <br />specifications prepared. by the Village Engineer. <br />Section 2. That; tine grade of said street sha11 be the <br />grade shov~°n on the plans and specifications for said improvement, <br />c~hich said. grade and elevations are hereby confirmed and. establishes. <br />as tiie gr~.de of said street. <br />Section ~. That tYie plans, specifications, estimates ~~nd <br />profiles oI' the proposed iruirovement r~eretofore prepares by tYe <br />Vi"liage Engineer ~.nd note filed in the office aa~ the Village Clerk <br />bE, and fife sG.me are Hereby, ~.~"i;roved. <br />Section 4. That the cost of said improvement ~~llallbl~ <br />assessed. b;T the foot front upon th° folloti~ing descz ibex. lots <<nd <br />lands, to v~~it, all lots c.nci 1~.nds bounding and abutting upon the <br />lr~rc~ased improvement, ~~hic:-r~ s~_iU lots ans. l~.nds are hereby determined <br />to be specially benefited by said- improvement; end the cost cf <br />said improver~2erat shall include the expense of preliminary and <br />other surveys, of printing e.nci publishing the notices, resolutions <br />and ordinances required, the serving of sG.ic, notic~esZ the cost cf <br />construction, togetner tiwith interest on notes or banes issued. in <br />anticipation ox collection of def'erx•ed assessments and all ot'r~.er <br />necessary exy~enditures. <br />11 's e <br />Section 5. '1`YlaT, t'ri~ assess~ients so to "be levied. slia <br />pd.id in ten annual installments,a'~m~ntsntprovidedtth~tetheeou~~n.er <br />leer cent per annum on deferred p y, such a.ssess~~ent <br />of any property assessed ma.y,"` at %~is op~ion epaassa e of the <br />in cash ~,jltnln t'nirt;yT days from s.nd after t~. ~ p g <br />assessing ordinG-nce, in ~"~h~-ch c`~~ bondsataebe~issued4in ~nticip?ude <br />any item of interest upon notes o <br />tian of tine collection of def"erred. installments of sssessments• <br />That notes or bons.s' of the Village of Norti-~ <br />Section 6. <br />Olmsted shall be issu~men~scnndcin~an amountt2e4ualltheret:o~ <br />assessments by lnst~l <br />Section .j. This resolution shall take effect anc~ b= in <br />force from ana S.ftP.3' tr~:e e~~'11est ,aeriod allo~t~ed bt lave. <br />passed: Febr~~G~rY 6, 1051 <br />Attes • <br />. C'nMistman, Clerk <br />if <br />,a <br />~V J <br />~( ~,~ ~~~ <br />C ence Ovia.tt, ~.a or <br />