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65-072 Resolution
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65-072 Resolution
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2/12/2014 10:24:57 AM
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North Olmsted Legislation
Legislation Number
65-072
Year
1965
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s <br />s <br /> <br />-~- <br />streets, ar parts thera!of, to be ao iaatprovasd are so situated in relation to each <br />other that in order to coaa~p3.ete t~ ianprovetrent tharreof in the most practical aar~d <br />economical manner they sh>~11 lie improved at the same time, with the same kind of <br />materials, and ir, the saaws mat~rier. <br />Section 3. Tf~at the gradee of said streets and improvement shall be the <br />grade as ahavn by the ~ineer's plans and profiles which are made a part here <br />of . <br />Section 4. That the plans, specifications, aatimates and profiles of tha- <br />proposed improvement, he~ratotore prepsred by Floyd G. Browne and Associates, Ltd., <br />Ganau2tfng Engineers to the City, acid nov on file in the office of the Clerk at <br />this Council, are hereby approved. <br />Section 5 • That thr whole cast of said impravensent, leas at larast ~ there <br />of and the cast of ail intera~etionas, shall be assessed upon the follovring <br />described lots and lair~da in proportion to tht benefits resulting th~srastrom, to•wit ; <br />All lots and lands bounding and. abutting upon the proposed istprova~aent be~ <br />green the termini aforesaid, which said lots acrd lands are hereby determi.naxd to <br />be specially benefited. by :aid improvement; and the cost of said iaaprov9ea~erit shall <br />include the post of prelianinarv and other survey, Plana, specitlcationa, profiles <br />and eatirnates, and of printing, serving and publishing notices, resolutions and <br />ordinances, the amount at ciaayages reaulti ng from the improvement asseaiaaed in favor <br />of any aoWner of land aftasctaed by the improvelll~t and the interest ther+lscm, the <br />costs incurred in connaseticm with the preparation, levy and collecttsss at the: <br />special aaseaemente, the coat of purchasing, aappropriatirxg and atherx'ise acquiring <br />therefor any required ramal estate or interests therein, expenses of I+sgs2 sasrvices <br />including obtaininag an approving legs.l opinioa, cost of labcxr an8 mraterial, awed <br />interest on bonds aryl z:ates issurrd in anticipation of the levy and collection of <br />the special assessrnenta, together trl.th alZ other necessary expenditures. <br />Section 6. 't'hat Floyd '. Browne !~ Asaaciatcs, Ltd. , Consul.tr~ ~gt,rxa*rrs <br />to the City be and they era! hereby authorixaed arid. 'directed to prepare and file <br />in the office of the Clark of ^ouncil r.,he estimated assessments oP the cast of <br />the impraveanent de!~cribed in this resolution. Such estimated aaseea~ents ahal.l <br />be based upon the estimate of cost of said improvement now nn fi.la*. in; the office <br />of the Clerk of Council and shall be prepared pur~euex~t to the proviaie~s of this <br />raasalution. When such estimated assesstsents have been so filed, said Clark shell <br />cause notice of the ad Son of this resol.utioxl a-nd the till of said a•atian~-ted <br />asaessmenta3 to be srrvad ore t'~e oars of a1I Tots and. Lands~o lse assessed as <br />provided in Section 7p7.1.i of th~eFtevis~d Coda. <br />Section 7• That the asasesamasnts to be levied shall be paid in twr~nty annual <br />installarents, with interest on deferred payanenta at the same rate as .shall be <br />borne by the bonds to be lassoed in anticipation of the collection tha:reof; provided, <br />that the owner of any property aswcsee~d may, at his option, nay such assessaaent <br />in cash ~xithin thirty days after pe~ssage of the! aasessin~ ordinance. <br />Section S. Than bonds of the City shall be issued in anticipation of the <br />collection of asseassasenta by installnr-nts and in an annount equal thereto and <br />notes of aaicl ^ity shall k1e issued in s.ntic.iprati^~r. of the i"~;S~L~aQ of such boc~.s <br />arad that Levy n+ such ass+:~sarents. <br />
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