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ORDINANCE N0~fil6 By ~Lr~ Newman <br /> <br />AN 0RDI~ANCE determining"to proceed with, and levying and o <br /> <br />BE IT Ot~DAINE~ by the Council of the City of Lake'c;ood, Csunty of <br />Cuyahoga, State of Oh=o, three-four%hs of all members concumring: <br />SeCtion l:~.~hat_it is_hereb~y determlned '~o proceed v~ith the improve- <br />"~ ~nmtall~g ~ter ~ln O~ e~ ~n~ ~a~t, ~on ~ t~re~ w~th <br /> <br />in accordance ~Zth Resolution N5. ~3 adopted <br />and in accordance wzth plans, specific~tionS, estima:~es aua p'roiilea <br />heretofore approved and no~; on file in the office of ~he Director of <br />Public <br /> <br />Section 2: That all claims for damages resultmng from sazd im'orove-, <br />ment shall be judicially lnquired znto drier the co~.~pl'etion <br />and that the Directdr of Public %'orks be and he is hereby authorized <br />and directed to ente~ into contract for said improvement zn <br />re:anne: provided by lsz~, v/H~ch impro~zement in accordance with <br />15,~Sectmon 1~6 si the ~na~ter has Oeen estkmated by the Directs? cf <br />Pub_~ic Works ~o have a l~=e of ~ years. <br /> <br />Sed~ion 3: That for the nuroose of payin;q the cost and expellee <br />said mmprovemen% ther~ is h~reb~f-levzed _and assessed a special <br />~ssessmeat upon the sere:a2 iots and parcels of ~' ' - ~' ~ <br />8~d in accordance ~ '~ <br /> ~z~h the est.mated assessment (No.~ ]', <br />for that purpose by tb.e-Dir~ctdr of Finance az~d rscon~.endeds to thms <br />Co .- y the Eoard of Revision of Assessn~en'cs a.nd agg~'e~zs,'tiu~t <br /> . Said estimated assessment is hereby dot..r.,z~u tc <br />~ve been made on the b~'s'is of specmal ~enefits conferred by <br />improven~ent on the sever~i pa~-c'els si land therein desormbed <br />the se,ms is herein confi~'med, aacp-~em and approved. <br /> <br />Section 4: That the ov~ners si the several,_ lozs or parcels of lau,~ <br />included zn samd assessmant shall ~2~ the ~ounts from ~hem severally' <br />due as shoran b'y coltm~n ~3 of'said estimazed assessment ~ ~to the <br />City Treasurer on or before thzrty days f~cm the date of the passe~6 <br />of'the 'ordinance, at the~.k option, and ~n default thereox' said ~pec!s' <br />a~sessment v/lth iMt'ere~t ~ t~ie rate of ~ per centmn per RUn, m: ups:. <br />deferred pa~ents shalI"be pkysJole to the Cou~]ty Treasurer in ~ <br />annu~ installments, with the z*egu!ar t~es o~ X9~7 to 19~1 otb <br />inclusive. <br /> <br />sedtidfi 5.; That said annuel paymenzs of said assessments <br />portions thereof and interest'thereon shall be applied to <br />of bonds to b~ issued in anticfpat~an of the collection thereo:~' <br />t~e'interes% thereon as the s~e shall become due and to no <br />purpose v:hatsoever. <br /> <br />Sectfon 6: 'This ordinane% shaI1 be in full force and effecz from <br />and after the e~licst period allo~ve~ by law. <br /> <br />Adopted: ~ 17th, 192~ <br /> <br />Approved: <br /> ........ mayor <br /> <br />A. I. Ka~f~ma~ <br /> Cl~rk <br /> <br /> <br />