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HomeMy WebLinkAbout2540 Nevada Street ImprovementsORDINANCE NO. .,2,,.~'~:::' AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF NEVADA STREET FROM OAK STREET EASTERLY 400 FEET AND WESTERLY 450 FEET BY CONSTRUCTING CURBS, GU'I-FERS, ASPHALTIC PAVING AND STORM DRAINS 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 therefore 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 TO ORDAIN AS FOLLOWS: Section 1. It is hereby ordered that Nevada Street from Oak Street Easterly 400 feet and Westerly 450 feet be improved by the construction of curbs, gutters, aspbaltic paving and storm drains in accordance with the plans and specifications therefore 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 21st day of November, 1989 and duly PASSED and ADOPTED this ~- ~'day of '~ 1989. Nan E. Franklib City Recorder SIGNED and APPROVED this ,~ ~ day of 1989. Catherine Golden, Mayor