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RESt~LUTION RQ. 223. <br />BY:. Mr. Schwenk. PESt~L~TION DECI~?1~iG IT E~4A~tY TO IMPRt~& <br />I~$TI~ DBIYE - Pte. BL~AD; 'TO ITS 30~JT~I.Y <br />EI~1D', HY' . Ct~~ST$~TC'TI~[G TREI~+i -A WATER. ~AI~. <br />WHEREAS, tke owners of sixty per cent of the feet fr~+ntage: <br />of prepertp oa Martin wive fret Perter mad t® its atharlp end have <br />petitioned in writing for the improvement of said str®et b8 constructing <br />therein a water main. <br />R~ TH~EF'(~E ~ BE IT RE~t3LVED BY T~ COUNCIL OF THE CITY <br />/OsF~~iO~R~TR 0~3`~ED, O~iI©, F+~UR~'HS t~~' A~ HERS BCTFD THERE~PtI <br />V O~C UAii~Q s <br />~r cti® „~,~, ?hat it is deemed necessary and comal.ucve to the <br />public hen t ~ c:®sreaieace and welfare that Martin give fr€sa E'®rter <br />load to its sentherly end, be improved by cosetrnctng therein a water <br />xais in acc®rdance with the plans sad specificati prepared by the <br />City Engineer. <br />~ectiQn 2. That the grade of said street shall be the grade <br />shown on th p~,aas and sp®cifi~atioas fcr said impr~vent, which said <br />grade and elevations are hereby c©nfirmed and established as the grade <br />of said street. <br />3ectie_ ~,3. That the plans, sgecificatioAS, estimates and <br />profiles of the ~ grag®sed i~agrov®ment beret®fere prepared by the City <br />Engineer and now filed in the office of the ~rectQr of Public ~rvice: <br />b e , and the same are hereby approved. <br />~c~u,~es That the c©st of said i.mprove~teat shall be <br />assessed bye the 0®t fr®nt open the follo~ring described lets and lands, <br />to wit, all lets and lands bounding and abetting upon the pr®posed im- <br />provement, which said lets and lands are hereby determined t® be spec- <br />ially benefited by said improvement; and the cost.®f said improvement <br />shall include the expense of pareliminary awl other surveys, of p~r3.8ting <br />and pmblishing the notices resolutions and ordinances requ,~.red, the <br />serving of said notices, tie cost of constrsction together with t~- <br />terest on notes or bonds issued is anticipation o~ collection. of defer- <br />red assessments and all other nec®ssary expenditures. <br />ct,_i,_on, '' That the assessments so to be levied shall be <br />paid in ten annum. -~nstal].ments, with interest riot to erxce®d six per <br />cent per annum on d®ferred payments, provided that the owner of any <br />property assessed map, at his option, pay such assessment is cash <br />within thirty daps from and after the passage of the assessing ©rdr <br />inar~ce, in which case said assess~aent shall not include any item of <br />interest upon notes mr bends to be issued in anticipation of the col- <br />lection of deferred install.ffients of assessmentm. <br />~ fit, i~Q ~ 6 That notes or bond$ of the pity mf ~Terth £~lmsted <br />shall be i$s- ued in anticipation of the collection of ass+~ssm®ats by <br />installments and in an amount equal thereto. <br />SA ©n This resolution shall take effect and be in <br />farce from and -ter the earliest period allowed by law. <br />PASSED: September 6, 1955• <br />ATTEST: ~ <br />,r <br />C istman, c aus~ardner, -esi'ent <br />of Council <br />APPROVED: <br />es iris, "far <br />,h_ rr . ._,.. ___ . <br />~, <br />