04-04-1922 to 12-31-1929 Ordinance 074 to 319

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'GA 0 inanca Yo...1. q..:... An Ordinance. Determining to proceed with the improvement of West 231st Street in the Vil- lage of North Olmsted, by grading, draining and slagging the same. Be it ordained by the Council of the Village of North Olmsted, state of Ohio, three = fourths of all members elected thereto being present and coneurr Section 1. That it is the intention of the Council and it is hereby de- termined to proceed with the improvement of West 231st Street in the Village of North Olmsted, by grading, draining and constructing a slag•.road -bed there in accordance with the plans and specifications prepared by the Engineer and file in the Clerk's office and Resolution No. 177 duly adopted on the 3d day August, 1926, Section 2. That all claims for damages resulting therefrom shall be eially inquired into after the completion of the proposed improvement. i Section 3. That the following lots and lands shall be assessed for said improvement as above determined, to -wit : - Each lot and parcel of land'&bound- ing and abutting upon said improvement in proportion to the entire cost as th foot frontage of each said lot and parcel of land is to the entire assessable frontage. Section 4. That the whole cost of said improvement less 1/50 thereof, and the cost of intersection shall be assessed by,the foot front upon the lots a:d lands bounding and abutting upon said Tlesto231st Street, which said lots and lands; are hereby determined to be especially benefited by said improvement; and thelcost', of said improvement shall include the expense of the preliminary and other suz'veys{ or engineering, inspecting and legal expenses; of printing and publishing the notices, the cost of construction; together with interest on bonds issued in a ticipation of the collection of deferred assessments; all expenses in connection. with.the issuing and selling such bonds, and all other necessary expenditures: Section 5. That the assessments to be levied shall be paid in five (5) annual installments, with-interest on deferred payments, provided that the owner of any property assessed, amy at his option pay-such assessment in cash within 30 days from and after the passage of the assessing ordinance, in which case said cash assessment shall not include any item of interest upon bonds to be issued in anticipation of the collection of deferred installments of assess- ments. Section 6. That the bonds of the Village of North Olmsted shall be.issu,d in anticipation of the collection of the assess*ents by installments and in an' amount equal thereto. Section 7. That the remainder of the entire cost of said improvement not' specially assessed, including the cost of intersection together with the cost of any real estate or interest therein, purchased or appropriated and the ans and dxpense of any appropriation proceeding therefor and the damage awarded any (nvner of adjoining lands, and interest,thereon and the cost and expense of any such awards, shall be paid out of the public service fund, or a fund provided for such purpose, and in the manner provided bylaw. Section 8. And the Clerk is hereby ordered and directed to advertise for Aids according to'law and to report to council at its first meeting after the date set for the opening said bids showing all bids received. ■