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RESOLUTION NO.: 23 $!~. <br />BY: Mr. Kramer.- RESOLUTION DECLARIAiG IT NrCESSARY TO IMPROVE: <br />BftQOKPARK ROAD FftO~+! MARTIN DATV& EAGERLY <br />1322.4b FEET, .BY COAtSTRUCTI~TG THEREI]~ A- <br />WATER. I+~AII~ <br />WHEREAS, the owners of sixty per cent of the foot frontage <br />of property on Brookpark Road from &Iartia Drive easterly 1322.46 feet, <br />have petitioned in writing for the improvement of said street by con- <br />structing therein a water main. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY <br />OF NORTH OII~STED, OHIO, THREE-FOURTHS OF ALL MF,1~ER3 ELECTED:. THERETO <br />CONCURRING:: <br />Section 1. That it is deemed rx:cessary and conducive to the <br />public hen f ac~nvenience and welfare that Brookpark Road from Ma.rtin_ <br />Drive easterly 1322.46 feet, be improved by constructing therein a water <br />main in accordance with the plans and specifications prepared by the <br />City Engineer. <br />Section 2. That the grade of said street shall be the grade <br />shown on t~p~and specifications for said improvement, which said <br />grade and elevations are hereby confirmed and established as the grade <br />of said street. <br />Section, That the plans, specifications, estimates and <br />profiles o- the prmposed improvement heretofore prepared by the City <br />Engineer and now filed in the office of the Director of Public Service.. <br />be, and the same are hereby approved <br />Section That the cost of said improvement shall be <br />assessed by a o®t front upon the following described lots and lands, <br />to wit, all lots and lands bounding and abutting upon the proposed im- <br />provement, which said lots and lands are hereby determined to be spec- <br />ially benefited by said improvement; and the cost of said improvement <br />shall include the expense of preliminary and other surveys, of prin~~ting <br />and publishing the notices resolutions and ordinances required, the <br />serving of said notices, the cost of construction, together with in- <br />terest on notes or bonds issued in anticipation of Collection of defer- <br />red assessments and all other necessary expenditures. <br />Section ~, That the assessments so to be levied shall be <br />paid in ten-annual .installments, with interest not to exceed six per <br />cent per annum on deferred payments, provided that the owner of any <br />property assessed may, at his option, pap such assessment inlcash <br />within thirty daps from and after the passage of the assessing ord- <br />inance, in which case said assessment shall not include any item of <br />interest upon notes or bonds to be issued in anticipation of the col- <br />lection of deferred installments of assessments. <br />Section 6s That notes or bonds of the City of North Olmsted. <br />shall be issn~ eci~s -anticipation of the collection of assessments by <br />installments and in an amount equal thereto. <br />S~Ctioa 7. This resolution shall take effect and be in <br />force from and after the earliest period allowed by law. <br />PASSED:: October 1lS, 1956. <br />ATTEST:. <br />e <br />APPROVED,: <br />~. <br />Char e s .' wi s ~ yor <br />~~ <br />E. W. Eaumgardne ,President <br />of Co c 1. <br />~a 3~ `~ <br />~~~ <br />