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~ s <br />CITY OF NORTH OLI~STID <br />RES©LUTION N0. 61- q/ <br />~r _~ <br />RESOLUTION dNENllING RE30LUTION 30?.aj. ENACTED JUNE }Zt, 1960, <br />ENTITLED eRE~-UTION DECLARING IT NECESS,IRY T4 Z~'ROVE <br />CANTERBURY ROAD FREi~~ Lf~AIN ROAD NORTHERLY TO THE N+(?F~TI3LY CITY <br />LIMITS, BY CONSTRUCTING THEREIN A FIVE FOQT CONCRETE PIC <br />SIDEWALK ON BOTH SIDES THEREOF, AND DECLARING AN EMERGENCY" <br />WF~~.REAS, pursuant to Resolution 301~lti, enacted June 1~,, 1960, <br />declaring it necessary to improve Canterbury Road from Lorain Road northerly <br />to the northerly city limits, by constructing therein a five fot9t pveste <br />public sidewalk on both sides thereof, certain property oteaera elected, with <br />thB approval of Council and the authorities of the City, to install the <br />sidewalk by private contract in accordance with the plans and apeeifications <br />prepared by the City Engi~er and then on file i.n the office of the Director <br />of Public Service, and <br />WHEREAS, the City Engineer has heretofore been requested by Council <br />to prepare revised plans for the completion of said proposed improvement <br />referred to i.n Resolution 3~ resulting from the installation of said <br />improvement by property owners under private contract, and which revised plans <br />axe now on file in 3~he office of the Director of Public Service <br />NOW, THEREFORE, BE lT RESOLVED by the Council of the City of North <br />OLnsted, State of Ohio, three-fourths of all members Bleated thereto concurring: <br />Section l: That it is deemed necessary and conducive to the public <br />health, safety, and welfare to improve Canterbury Road from .Lorain Road northerly <br />to the northerly City Limits by constructing and instA therein, where not <br />already installed, a five foot concrete public sid~alk on both sides thereof in <br />accordance with the revised plans and specifications prepared by the City <br />Engineer which this Council hereby approves for said proposed improvement. <br />Section 2: That the grade, as shown by the Engineer's plans and <br />profiles, which are made a part hereof, shall be as established therein and <br />which grades and elevations appearing i.n said plans, profiles, and speci.f'ications <br />are hereby confirmed and established as the grade for said improvemment. <br />Section 3: That the plans, specifications, profiles, and estimates <br />of the proposed improvement as revised heretofore, prepared by the City Engineer, <br />and on file in the office of thB Direc'~or of Public Service be, and the same are <br />hereby approved. <br />Section ~s That the whole cost of said improvement less at least <br />one-fiftieth thereof, the cost of culverting and of intersections, shall b® <br />assessed by the foot front upon the following described lots and laxuis, tea+w3.t3 <br />all lands and lots botading and abutting upon the proposed imprvve~ent in <br />accordance with the revised plans, which said lots and lands arB hereby <br />determined to be specifically benefitted by said improvement; and the cost <br />of said improvement shall include the expense of the preliminary and other <br />surveys and all printing and publiahing~,of notices, resolutions: and ordinances <br />required, and the serv:i..ces of said notices, the cost of construction together <br />with interest on notes and bonds issued in anticipation ~; the collection of <br />deferred assessments, and on al]. other necessary expenditures. <br />Section 5: That the assessmentis to be so levied shall be paid in ten <br />annual installments with interest not to exceed six percent per annum on deferred <br />payments, provided that the owner of ar~y property assessed may, at his option, <br />pay such assessment in cash within thirty days from anti after the passage of the <br />assessing ordinance, in which case said assessment shall not include ar;y item of <br />interest upon notes or bonds to ba issued in anticipation of the collection of <br />deferred installments of assessments. <br />Section 6: That notes or bonds of the City of North Olmsted shall be <br />issu®d in anticipation of thB collection of assea~rents by insta~.lments and in <br />sn amount equal thereto. <br /> <br />