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HomeMy WebLinkAbout1986OK~IN,~'~CE ~0./?f~ AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF BARBARA STREET FROM TOLMAN CREEK ROAD TO JACQUELIN 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 heretnafter 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 improvement; as pro- vided 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 he 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 Barbara Street from Tolman Creek Rn~ to .T~Pqn~l~n ~treet~ 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 iDlerest at the prevailing rates, not to exceed seven percent (7%) per ann,.,, and sh:ll 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/~ day of , 1978 SIGNED and APPROVED this ~Y_~ day ~~ of Ga Mayor