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AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF
WALNUT STREET FROM LUNA VISTA TO WIMER 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 THAT WAR-
RANTS ISSUED FOR THE COST THEREOF BE GENERAL OBLIGATIONS
OF THE CITY OF ASHLAND.
WHEREAS, the Council has heretofore by Resolution declared its intention to cons-
truct the improvement hereinafter described in accordance with plans and specifica-
tions and to assess upon each lot or part thereof adjacent to and benefitted by
such improvement its proportionate'share of said cost of said impr0vementj as pro-
vided by the Charter of the City of Ashland; and
WltEREAS, 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 w~ll he 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 Walnut Street from Luna Vista
to Wimer 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 ~at the cost thereof be assessed upon each lot
or part thereof a~acent to or benefltted by such ~provement, as provided by the
Charter of the City of Ashland.
SECTION 2. That warrants for the construction of ~e'aforementioned im-
proveanent shall bear interest at the prevailing rates, not to exceed seven percenL
(7%) per ann~n, and shall constitute general obligations of the City of Ashland, -nd
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/~__ y of 1978 '
Mayor