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HomeMy WebLinkAbout2375 Improvement of Auburn Street • ORDINANCE NO. ' AN ORDINANCE AUTHORIZING AND ORDERING THE DJPROV'E11ENT OF AUBURN STPA E T FROM GRESHAM TO TOWA STREET BY CONSTRUCTING THEREON CURBS, GUTTERS AND PAVING; AUTHOR- IZING THE ASSESSMENT OF COST OF SAID IMPROVEMENT AGAINST PROPERTY TO BE BENEFITTED THEREBY: AND PROVIDING THX WAR- RANTS ISSUED FOR THE COST THEREOF BE GENERAL OBLIGATIONS OF THE CITY OF ASHLAND. WHEREAS, the Council has heretofore by Resolution declared its int ention to construct the improvement hereinafter described in accordance with plans and specifications and to assess upon each lot or part thereof adjacent to and benefitted 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 benefitted thereby to the extent of the probable amount of the respective assessments to be levied for the casts thereof: NOW, THEREFORE, THE PEOPLE OF THE CITY OF ASHLAND DO ORDAIN AS FOLLOWS: SECTION 1. It is hereby ordered that Auburn Street from Gresham Street to Iowa 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 benefitted by such improvement, as provided by the Charter of the City of Ashland. SECTION 2. That warrants for the construction of the aforementioned im- 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 yk,W_day of December 1985, and duly PASSED and ADOPTED this % f ay of December 51 1985. Nan E. Franklin City Recorder SIGNED and APPROVED this_Z~/- day of December 1985.. L. Gordon Medaris Mayor