HomeMy WebLinkAbout1995ORDINANCE NO.
AN ORDINANCE AUTHORIZING AND ORDERING THE IMPROVEMENT OF
THORNTON WAY BETWEEN WRIGHTS CREEK DRIVE AND
TUCKER STREET
BY CONSTRUCTING THEREON CURBS, GUTTERS AND PAVINGI AUTHOR-
IZING THE ASSESSMENT OF COST OF SAID IMPROV~eNT 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 berefnafter described in accordance'.wtth plans and specifica-
tions and to assess upon each lot or part thereof'adjacent to and benefitted by
such improvement Its proportionate'share ofsaid cost 6f' said tmprdvementr'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
be assessed therefor will be benefittea 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 Thornton Way between
Wrights Creek Drive and Tucker 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/mprovament, as provided by the
Charter of the City of Ashland.
SECTION 2. That warrants for the construction of the aforementioned im-
provament shall bear interest at the prevailing rates, not to exceed seven percent
(7%) per annum, 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 7th day of November
and duly PASSED and ADOPTED this 21stday of November , 1978.
N~. 1. Franklin
City Recorder
~-~da November
SIGNED and APPROVED this ~ y of , 1978.
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· 1978 ·