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HomeMy WebLinkAbout2420 Authorizing Improvement of A Street ORDINANCE NO. AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF "A" STREET BETWEEN 7TH AND 8TH STREETS BY CONSTRUCTING THEREON CURBS, GUTTER AND PAVING; AUTHOR- IZING THE ASSESSMENT OF COST OF SAID IMPROVEMENT AGAINST PROPERTY TO BE BENEFITTED THEREBY; AND PROVIDING THAT WARRANTS 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 accor- dance with plans and specifications and to assess upon each lot or part thereof adjacent to and benefitted by such improvement its propor- tionate 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 therefor will be benefitted thereby to the extent of the probable amount of the respec- tive 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 "A" Street between 7th and 8th Streets be improved by the construction thereon of curbs, gutter 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 benefitted by such improvement, as provided by the Charter of the City of Ashland. SECTION 2. That warrants for the construction of the aforementioned improvement 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 19th day of 1987, and duly PASSED and ADOPTED this 2nd day of May , June 1987. i i Nan E. Fr nklin City Recorder SIGNED and APPROVED this 42 day of June 1987• L. Gordon Medaris Mayor