62-082 Ordinance - Laserfiche WebLink

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I ..i ~._Y--l'., l .~ CITY OF NORTH OLNISTED ORI)I NANCE NQ. 6 2 ~, By ~ ~~ AN ORDINAI~ICE DETERMINING TO 1'ROCE.ED WITH THB CONSTRUCTION OF A STORE/i SE'6dEt: IN DECKER ROAD, AND DECLARING AN EMERGENCY. ~3E IT ORr)A]:NEI) by the Council of the City of North Olmsted, State of Ohio: Section l: That it is hereby determined to proceed with the installation and construction of a storm sewer in Decker Road in the City of North Olmsted from the southerly line of Sublot 396 to Southern Avenue pursuant to Resolution No. 62-53, passed April 10, 1962, and in accordance with the plans, specifications, profiles and estimates heretofore approved and now on file in the office of the Director of Public Service, such plans and specifications being incorpora- ted herein by reference and reference being made heretofore for a statement of the character of the materials which may be bid upon for such improvement. Section 2: That the estimated assessments against each lot or parcel of land to be assessed as prepared by the City Engineer and heretofore filed with the Clerk of Council before the passage of Resolution No. 62-53 in accordance with the pro- visions of Revised Code Section 727.12, are hereby approved and adopted, no claims for damages resulting from said improvement and no objections to said estimated assessments having been filed. Section 3: That the whole cost of said improvement shall be assessed upon the lots and lands bounding and abutting upon the proposed improvement in proportion to the benefits which may result from the improvement and which lots and lands are hereby determined to be specially benefited by said i.m- pro vement. The cost of said improvement shall include the cost of legal services and of obtaining an approving opinion, the expense of preliminary and other surveys, of printing and publishing the notices, resolutions and ordinances required, the serving of said notices and the cost of construction, to- gether with the interest on notes and bonds issued in anticipa- tion of the collection of deferred assessments and other necessary expenditures. Section 4: That all the assessments so to be levied shall be paid in ten annual installments, with interest on de- ferred payments at the same rate as shall be borne by the bonds to be issued in anticipation of the collection thereof; provided, however, that ~y such assessment in the amount of Five ($5.00) Dollars or less, shall be paid in full, and not in installments, at the time when the first or next installment would otherwise become due and payable; provided, further, that the owner of any property assessed may, at his option, pay such assessment in cash within thirty (30) days after the passage of the assessing ordinance.