01-05-1943 to 02-06-1951 Ordinance 620 to 869

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AN ORDINANCE DETERMINING TO PROCEED 11ITH THE IMPROVEMENT OF FRANK AVENUE, ITS .ENTIRE LENGTH, BY. SURFACING SAKE WITH BITUMINOUS MACADAM. BE IT ORDAINED by the Council of the Village of North Olmsted, State of Ohio Section 1. That it is hereby determined to proceed with the 'improvement of Frank Avenue, its entire length, by surfacing same with bituminous macadam, in accordance with Resolution No. 1522 passed on the 20th day of July, 1948, and in accordance with the plans, specifications, estimates and profiles hereto- fore approved and now on file in the office of the Clerk. Section 2. That all claims for damages resulting there- from shall be judicially inquired into after the completion Of the proposed improvement, and the solicitor be, and he is hereby,._ authorized and directed to institute proceedings in a court of competent jurisdiction to inquire into such claims., Section 3. That the cost of said improvement shall be assessed by the foot front upon the following described lots and lands, to wit, all lots and lands bounding and abutting upon the proposed improvement, which said lots and lands are hereby determined to be specially benefited by said improvement; and the cost of said improvement shall include the expense of pre- liminary and other surveys, of printing and publishing the notices, resolutions and ordinances' required, the serving of said notices, the cost of construction, together with interest on notes or bonds issued in anticipation of collection of de- ferred assessments and all other necessary expenditures. Section 4. That the assessments so to be levied shall be Paid in five annual installments, with interest not to exceed six per cent per annum on deferred payments, provided that the owner of -ariy; property assessed may, at his option, pay such assessment in cash within thirty days from and after the passage Of the assessing ordinance, in which case said assessment shall not include•any item of interest upon notes or bonds to be issued in'anticipation of the collection of deferred installments of assessments. Section 5. That notes or bonds of the Village of North Olmsted shall be issued in anticipation of the collection of assessments by installments and in an amount equal thereto. Section 6. That the remainder of the entire cost of said improvement not specially assessed, including the cost of intersections, shall be paid out of the General Fund or by the issuance of bonds of the Village of North Olmsted for that Purpose) in the manner provided by law. Section 7. That the Clerk be, and he is hereby, authorized and directed to advertise for bids for the construction of said improvement accordin8 to law. Section B. This ordinance is hereby declared to bean emergency measure, the emergency being that it is necessary for the immediate preservation of public health, peace, safety and welfare that this ordinance be passed at once and shall take effect and be in force from and after its passage. Passed: eptember 7, 1948. C er _ .� Mayor