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HomeMy WebLinkAbout2398 Authorizing Improvement of A Street ORDINANCE NO. of AN ORDINANCE AUTHORIZING THE IMPROVEMENT OF "A" Street between 6th and 7th Streets BY CONSTRUCTING THEREON CURBS, GUTTERS AND PAVING; AUTHORIZING 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 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 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 6th and 7th Streets be improved by the construction thereon of curbs, gutters and paving in accordance with the plans and specifications therefore 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 5th day of August 1986, and duly PASSED and ADOPTED this 19th day of August 1986. Nan E. Franklin City Recorder SIGNED and APPROVED this ;:~/4_zl- day of August , 1986. L. Gordon Medaris, avcr