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Resolution No. %;TV 1-5-7,3 <br />By Mr. , <br />A RESOLUTION <br />DECLARING IT NECESSARY TO IMPROVE ANDRUS AVENUE FROM THE <br />BOULEVARD TO THE SOUTH LINE OF SUELOT NO. 560 BY GRADING, <br />DRAINING AND SLAGGING.SAME. <br />WHEREAS:the owners of._a majority,of the foot frontage <br />of property on Andrus Avenue, from the Boulevard to the south <br />line of Sublot No. 56, have petitioned in writing for the <br />improvement of said street between the points aforesaid, by <br />grading, draining and slagging same; now, therefore, <br />BE IT RESOLVED by the Council 'of the Village of North <br />Olmsted, State of Ohio, three- fourths of all members elected <br />thereto concurring: <br />Section 1. That it is necessary to improve Andrus <br />Avenue, from the Boulevard to the south line of Sublot No. 56, <br />bs grading, draining and slagging same in accordance with the <br />plans and specifications prepared by tie Village Engineer. <br />Section 2. That the grade of said street shall be the <br />grade shown on the plans and specifications for said improvement, <br />which said grade and elevations are hereby confirmed and <br />established as the grade of said street. <br />Section 3. That the plans, specifications, estimates <br />and profiles of the proposed improvement heretofore prepared by <br />the Village. Engineer and now filed in the office of the Village <br />.Clerk be and the same are hereby approved. <br />Section 4. That the cost of said improvement shall be <br />assessed by the foot .front upon the following described lots <br />and lands, to wit, all lots and lands bounding and ,abutting upon <br />the proposed improvement which said lots and lands are hereby <br />determined to.be specialiy- benefited by said improvement; and <br />the cost of said improvement shall include the expense of pre- <br />liminary and other surveys, of printing and publishing the <br />notices, resolutions and ordinances required the serving of <br />said notices the cost of construction, togeiher with interest on <br />notes or bonds issued in anticipation of collection of deferred <br />assessments and all other necessary expenditures. <br />Section 5. That the assessments so to be'levied shall <br />be paid in five annual installments, with interest not to exceed <br />six per cent per annum on deferred -payments, provided that the <br />owner of any property assessed may, at his option, pay such <br />assessment in cash within thirty days from and after the passage <br />of the assessing ordinance, in which case said assessment shall <br />not include any item of interest upon notes or bonds to be issued <br />In anticipation of the collection.of deferred installments oP <br />assessments. <br />Section 6. That notes or bonds of the-Villa gge of North <br />Olmsted shall be issued in anticipation of the collection of <br />assessments by installments and in an amount equal thereto. <br />Section 7. This resolution is hereby declared to be <br />an emergency measure,.the emergency being that it is necessary <br />for the immediate preservation of public health, peace, safety <br />and welfare that this resolution be passed at once and shall <br />take effect and be in force from and after its passage. <br />Passed: August 16, 19490 <br />