1610 Resolution - Laserfiche WebLink

Home Browse Search

Resolution No.~~~ A RESOLUTIt~T DECLARING IT NECESSARY' TO IgP8~V8 SILVERDALE RQAD, F THE NORTH LINE 4F StJBLaT 29 TO THE ESL OF THE STRRiBY CO~1STRtlCTINa WATER MAID. WI3EREAS oers~...oF:mo~'e~.tb-a~.~~ of the faot fr~ontag® of property on Silverdale Road, from the N®rth line of Sublot 29 to the end of the street, have petitioned in writing for the improvement of said street by constructing therein a water line; now, therefore, BE IT RE80LVEL b y the Council of the Village of North Olmsted, Ohio, three-fourths of all members elected thereto concurring: Section 1. That it is necessary to improve Silverdale Road, from the north tin a of Sublot 29 to the end of the street, bg constructing therein a water line in accordance with the plans and specifications prepared by the Village Engineer. Section 2. That the grade of said street shall be the grade sY~own on the plans and specifications for slid improvement, which said grade and elevations are hereby con- firmed and established as the grade of said street. Section 3. That the plans, specifications, estimates and profiles of the proposed improvement heretofore prepared by the Village Engine®r and now filed in the office of the Village Clerk be, and the same are hereby, approved. Section 4. 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 improv ement, which said lots and lands are hereby determined to be speciltllg benefited bg said improvement; and the cost of said improv ®ment shall include the expens ® of preliminary 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 d®- ferred assessments and all other necessary expenditures. Section 5. That the assessments so to be levied shall b® paid 3.n tan annual installments, with interest not to exceed six per cent per annum on deferred payments, provided that the owner of any property assessed may, at his Option, pay such assessment in cash within thing days from and after the passage of the assessing ordinance, in which case said assess- ment shall not include any item of interest open notes or bonds to be issued in anticipation of the collection of deferred installments of assessments. Section 6. That notes or bonds of the Village of North Olmsted shall be issued in anticipation of the collection of assessments by installments and 3xi an amount equal thereto. Section 7. This resolution shall take effect and be in force from and after the earliest period alla~wed by law. I~~Yr~ M'i51'Mti~...~~:.. ~.~wx:ttl?HR?fry:nW.~l~bR~?tY~Y~~'-a:.,~.rMr. ~ Passed _ - f ~ ~ / , 1950 .