HomeMy WebLinkAbout2515 Authorizing/Ordering Terrace St & Ashland Loop Rd Improvement
ORDINANCE NO.
AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF TERRACE STREET
AND ASHLAND LOOP ROAD BY CONSTRUCTING THEREON CURBS, GUTTER AND PAVING;
AUTHORIZING THE ASSESSMENT OF COST OF SAID IMPROVEMENT AGAINST PROPERTY
TO BE BENEFITED 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 accordance with
plans and specifications and to assess upon each lot or part thereof
adjacent to and benefited 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 therefor will be
benefited 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 Terrace St. from end of pavement
to Loop Road, and Loop Road from Terrace St. to end of City property be
improved by the construction thereon of curbs, gutter and paving in
accordance with the plans and specifications therefor heretofore adopted
and 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
benefited 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 6th day of June, 1989
and duly PASSED and ADOPTED this 20th day of June, 1989.
Nan E. Franklin
City Recorder/Treasurer
SIGNED and APPROVED this day of , 1988.
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Catherine M. Golden
Mayor