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HomeMy WebLinkAbout2370 Improvement of Ridge Road ~C ORDINANCE NO., AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF RIDGE ROAD FROM TERRACE STREET NORTHWESTERLY 2132 FEET BY CONSTRUCTING THEREON CURBS (PARrfAi,)AND PAVING; AUTHOR- IZING THE ASSESSMENT OF COST OF SAID I:IPROV1211ENT AGAINST PROPERTY TO BE BENEFITTED THEREBY: AND PROVIDING THAT 1,dAR- RANTS ISSUED FOR THE COST THEREOF BE GENERAL OBLIGATIONS OF THE CITY OF ASHLAND. WHEREAS, the Council has heretofore by Resolution declared its intention to construct the improvement hereinafter described in accordance with plans and specifications ant to assess upon each lot or part thereof adjacent to and benefitted by such improvP--ent its proportionate share of said cost of said improvement, as provided by the Charter of the City of Ashland; and WHEREAS, notice of such intention has been duly given and published as provided by the Charter, and a public hearing held thereupo-rr, and it appears to the Council that such improvement is of material benefit to said City and that all property to be assessed therefor will be benefitted thereby to the extent of the probable amount of the respective assessments to be levied for the costs thereof: NOW, THEREFORE, THE PEOPLE OF THE CITY OF ASHLAND DO ORDAIN AS FOLLOWS: SECTION 1. It is hereby ordered that Ridge Road from Terrace Street Northwesterly 2132 feet be improved by the construction thereon of curbs.(partialjand paving in accordance with the plans and specifications therefor heretofore adopted on file in the office of the Director of Public Works, and that the cost thereof be assessed upon each lot or part thereof adjacent to or benefitted by such improvement, as provided by the Charter of the City of Ashland. SECTION 2. That warrants for the construction of the aforementioned ir--_- provement shall bear interest at the prevailing rates and shall constitute general obligations of the City of Ashland, and said warrants shall be issued pursuant to and on the terms and conditions set forth in O.R.S. 287.502 to 287.510 inclusive. The foregoing ordinance was first read on the lst day of October , 19E5, and duly PASSED and ADOPTED this 15th day of October 1985• Nan E. Frank n City Recorder SIGNED and APPROVED this~day of October 1985. L. Gordon Medaris Mayor