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HomeMy WebLinkAbout2388 Authoring Improvements on Walnut & Sheridan Streets ORDINANCE NO. AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF WALNUT STREET FROM SHERIDAN TO GRANT. AND SHERIDAN STREET FROM N. MAIN TO WALNUT STREETS BY CONSTRUCTING THEREON CURBS, GUTTERS AND PAVING; AUTHOR- IZING THE ASSESSMENT OF COST OF SAID IMPROVEMENT AGAINST PROPERTY TO BE BENEFITTED THEREBY: AND PROVIDING THAT WAR- 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 anc to assess upon each lot or part thereof adjacent to and benef fitted by such improvement 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 thereupon-, and it appears to the Council that such improvement is of material benefit to said City and that all property to be assessed therefom will be beneffitted 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 Walnut Street from Sheridan to Grant Street: and Sheridan Street from N. Main to Walnut Street be improved by the construction thereon of curbs, gutters and 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 beneffitted by such improvement, as provided by the Charter of the City of Ashland. SECTION 2. That warrants for the construction of the aforementioned it - 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 4th day of February 1986, and duly PASSED and ADOPTED this~day of February , 1986. ze ftw ::Z Nan E. Franklin City Recorder SIGNED and APPROVED this 198 L. Gordon Medaris Mayor