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HomeMy WebLinkAbout2488 Ordering Improvements in the Downtown Area ORDINANCE NO . AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF THE CITY OF ASHLAND BY MUNICIPAL PARKING LOTS, PEDESTRIAN AMENITIES AND PURPOSES RELATED THERETO; AUTHORIZING THE ASSESSMENT OF COST OF SAID IMPROVEMENTS AGAINST PROPERTY TO BE BENEFITED THEREBY; AND, PROVIDING THAT WARRANTS ISSUED FOR THE COST THEREOF BE GENERAL OBLIGATIONS OF THE CITY OF ASHLAND. THE PEOPLE OF THE CITY OF ASHLAND DO ORDAIN AS FOLLOWS: SECTION 1. It is hereby ordered that the City of Ashland be improved by the lease, acquisition or purchase of land for sidewalks, parking lots and the following improvements: a. For the design and construction of sidewalks. b. For the repair and replacement of sidewalks. C. For the design and construction of public restrooms. d. For the design and construction of public areas with street furniture, landscaping and other decorations. e. For the design and construction of municipal parking lots. f. For the design and construction of pedestrian amenities. g. And purposes related to the foregoing. And that the cost thereof, not to exceed $875,000.00, be assessed against the property benefited thereby. SECTION 2. That warrants for the interim financing of the aforementioned improvement shall bear interest at the prevailing rates, and shall constitute general obligations on the City of Ashland, and -1- Ordinance No.RONALD L. SALTER ATTORNEY AT LAW 94 THIRD STREET ASHLAND, OREGON 97520 shall be issued pursuant to and on the terms and conditions set forth in ORS 287.502 and 287.515 inclusive. The foregoing ordinance was first read at a regular meeting of the City Council of the City of Ashland held on the /6e4-day of 1988, and was passed to a second reading and duly adopted on the day of 1988. APPROVED: . MAYOR ATTEST: CITY' RECORDER -2- Ordinance No.? RONALD L. SALTER ATTORNEY AT LAW 94 THIRD STREET ASHLAND, OREGON 97520