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d' c~TY C?F x©RTx OLMSTED C'htl3[NANCE NO. 66-,~,;~~ • BY ~hrt . ~ AN ORDNANCE AIvtENL~t~TG AND REPEALING ORDINANCE NO. 64-1.50 E~tACTED JULY 7, 1964, ~IICH ORDINANCE AMENID AND REPEALED ORDINANCE NO. 62-164 ENACTED OCT08ER 16, 1962, WHICH WAS AN ORDINANCE AUTHOIlfZiNG THE ACCEI'TAAICE OF A WARl2At+fiTY DEED FROM THE SC7tTTHWEaTERN SAVINGS AND LOAN CaMPAHY FOR CF~'tTATN LAND IN CONNECTION WITH THE WTDEI~TING OF WHITE~J~`-:'ttlE WHEREAS, Ordinance No. 64-150 enacted July 7, 1964, authorized the acceptance of a warranty deed from The Southwestern Savings and Lc~n Company covering certain lend abutting on Whitorn Avenue in the City of Korth Olmsted which is essential to the proposed widening of the right-of-way of said street and the installation of sidewalks th®rein; and WHEREAS, negotiations with The Southwestern Savings and Loan Company indicated that a warranty deed would be furnished but on terms some- what different than contained ~n Ordinance No. 64-ISO; and WHEREAS, said warranty deed has not been tendered and it is necessary that Ordinance No. 64-150 be amended so as to express the intention of the parties . NOW, THEFORE, BE IT ORDAINED by the Council of the.Cty of North Olmsted, State of Ohio: Section 1: That Section 2 of Ordinance No. 62-164 enacted October 16, 1962, as amended by Ordinance No. 64-150 enacted July 7, 1964 nvw reeding as follows: "Section 2: That the City of North Olmsted assume: (a) The cost of the title guarantee . (b) The cost of revenue stamps on the deed. (c) Taxes, general and special, for the year 1964 and thereafter. (d) The entire cost of installing sidewalks over said land. (e) The sum of S910.00 of any assessment against The Southwestern Savings and Loan Company for the paving of Whitehorn Avenue, but only if such assessment is made within three (3) years of the date of the enactment of this Ordinance . _ be and the same is hereby amended to read as follows: Sectirn 2: That the City of North Olmsted assume: (a) The cost of the title guarantee . (b) The cost of revenue stamps on the deed. (c) Taxes, general and special, for the year 1966 and thereafter. (d) The entire cost of installing sidewalks over said land, (e) The sum of $910.00 of any assessment against The Southwestern Savings and Loan Company for the paving of Whitefhorn Avenue, but only if such assessment is made within three (3) years of the date of the enactment of this Ordinance.