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ORDINANCE N0. ~ q <br />~~~ ORDINANCE DETERNiINIi~G TO PROCEED WITH <br />BY : ~~~ <br />THE Il+~PRO~NiENT OF BAILEY ROAD} FRC~I <br />LORAIN ROAD TO SOUTHERLY E~ID , BY <br />CONSTRUCTING THEREIN A WATER NiAI~T <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH OL~+ISTED , <br />STATE OF OHIO: <br />Section 1 That it is hereby determined to proceed with the im- <br />provement o ailey Road from Lorain Road to southerly end, by construct- <br />ing therein a water main, in accordance with Resolution No. 1$x.9 passed <br />September 2, 1952, and the petition of property owners described in <br />said Resolution and in accordance with the plans, specifications esti- <br />mates and profiles heretofore approved and now on file in the of~'ice <br />of the Director of Public Service. <br />Section 2. That all claims for damages resulting theref shall <br />be judicially inquired into after the completion of the proposed im- <br />provement, and the solicitor be, and he is hereby authorized and direct- <br />ed to institute proceedings in a court of competent jurisdiction to <br />inquire into such claims. <br />Section~~ That the cost of said improvement shall be assessed <br />by the foot front upon the following described lilts and lands, to wit, <br />all lots and .lands bounding and abutting upon the proposed improvement, <br />which said lots and lands are hereby determined to be specially bene- <br />fited by said improvement; and the cost of said improvement shall in- <br />clude the expense of preliminary and other surveys, of printing and <br />publishing the notices, resolutions and ordinances required, the serv- <br />ing of said notices, the cost of construction, together with interest <br />on notes or bonds issued in anticipation of collection of deferred <br />assessments and all other necessary expenditures. <br />Section ~+. That the assessments so to be levied shall be paid <br />in ten annual installments, with interest not to exceed six per cent <br />per annum on deferred payments, provided that the owner of any pro- <br />perty assessed may, at his option, pay such assessment in cash within <br />thirty days from and after the passage of the assessing ordinance, in <br />which case said assessment shall not include any item of interest upon <br />notes or bonds to be issued in anticipation of the collection of <br />deferred installments of assessments. <br />Section 5. That notes or bonds of the City of North. Olmsted <br />shall be issued in anticipation of the collection of assessments by <br />installments and in an amount equal thereto. <br />Section 6. That the City Engineer be and he is hereby directed <br />to prepare and file with this Council a tentative assessment showing <br />the amount to be assessed on each lot or parcel of land to be assessed. <br />Section 7. That the Director of Public Service be, and he is <br />hereby authorized and directed to advertise for bids for the construc- <br />tion of said improvement according to law. <br />Section $. This ordinance is hereby declared to be an emer- <br />gency measure, the emergency being that it is Necessary for the imanedi- <br />ate preservation of public health, peace, safety and welfare that this <br />ordinance be passed at once and shall take effect and be in force from <br />and after its passage. <br /> <br />PASSED : October ~,,( 1952 <br />