HomeMy WebLinkAboutO-0270 - Improving street (Special)~-......./i
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ORDlWANCEJ:J"o.,R70.
L.1.D.Ii 38.
AN ORDINANCE PROVIDING for the improvement of state street from the
North side of Fourth street to the South line of Sixth Street at its
intersection with state Street by paving the same on both sides there-
of measured from the marginal lines of the State Highway paying as
established by the proposed widening of said paving on said street;
the laying and widening of the sidewalks on both sides of said street
and the construction of curbs and gutters on both sides of said street
and doing aLL work necessary to make cOlnpleted improvement,all in
accordance with plans prepared by the Town Engineer,and in accord_
anoeewith Resolution of Intention No.33 of the Town of Marysville
providing for said improvement,and in accordance with a majority
petition therefor,creating local improvement district fiund therefor,
providing that said improvement be made by special assessment upon
the property in said district by the method of payment by bonds,and.
repealing all ordinances or parts of Ordinances in conflict herewith.
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BE IT ORDAINED BY THE COUNCIL OF THE TOWN OF MARYSVILLE;
SECTION 1.That State Street from the north side of Fourth Street
to the south line of Sixth Street at its intersection with State Street
be improved by paving the same on both sides thereof measured from the
marginal lines of the State Highway paving as established by the pro-
posed widening.of paving on sadld street,the foregoing improvement to
include the regrading to proper'grade,the widening of the sidewalks
on both sides,the construction of cencrete curbs,the construction
of suitable pavement and installation of necessary drainage,making
necessary water main changes,and doing all work necessary to make
completed improvement,all in accordance with plans and specifications
prepared by the Town Engineer which plans and specifications are here-
by adopted and approved.
SECTION 2.That the cost and expense of such improvement including
all necessary and incidental expenses shall be borne by,and assessed
against the property included in the assessmeny6istrict herein created
in accordance with law..
SECTION 3.There is hereby established a Local Improvement District
No. 38 which district shall include all the property between the ter_
mini of said improvement abutting upon,adjacent,vicinal and prOXimate
to said street proposed t~e improved to a distance back from the mar-
ginal lines,thereof to the center line of the blocks facing or abut_
ting thereon,or in an~ase a distance back of at least ninety (90)
feet;prOVided,that in any case of unplatted property,the distance
back shall be the same distance as that included in the assessment of
platted lands immediately adjacent thereto.
SEcTION 4.,.....A special fund is hereby created to be called Local Im-
provement District Fund No. 38 which shall consist in the aggregate of
the several amounts assessed,levied and collected on the several lots
and parcels of land in said locl\l!improvement district .for the purpose
of defraying the costs and expenses of such improvement.Out of said
Fund shall be paid the bonds,the interest thereon and the entire cost
of such improvement.
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SECTION 5.The costs and expenses of such improvement shall be de-
frayed by special assessments,payable in ten (10)'eQual annual m.,
stallments with 'interest thereon at the rate of seven (7%)per cent
per annum under .the mode of payment by bonds as .previded by law and
the ordinance of said Town.Bonds bearing interest at till rate of seven '1
(7%)per cent per annum payable on or before twelve (12)years from
date o£issue shall_be issued in payment of the costs alid expanses of 'i
such improvement,1itnch~J:'~th!!!l mad!:l of,"Payment;by Bonds,as def~ned I
by law,.which bonds shall be redae~d by the cOllecti0z:,o~spe~:Lal.I
assessments to be levied and asses§Ppon the property w:Lth:Ln sa:Ld d:Ls_I
j;rict payable in ten (10)e quaL installments with interest at the rate I'
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of seven (7%)per cen;t per annum.Such bonds shall be ilIelivered to t
the contractor in redemption of warrants on said locla fmprovement
fund issued on est~imates of the Town Engineer,or the Town of Marys_
ville may,at its option,sell said bonds and make such redemption in
cash.The limit and extent of the liability of the Town of Marysville
upon any 'claim of the owner or holder of any bond or warrant issued for
"th§&.Ra~,wi3.R-\..~~..tlJ.~l c£,.~..~li,...~lj.q,e~J2~nsl.~of thi s impr ovemen t,shall be for
the sald lmprovement ana agalns'j;tile L08al Improvement Guaranty Fund
of the Town of M~rysville,according t~he provision of law and.the
ordinances of aa i d town...
SECTION 6.Toot the maps,plans and specifications for the sat d
improvement which have been prepared by the Town Engineer pursuant to
the provisions of Resolution of Intention No.33,and now on file in the
office of the Town Clerk of the Town of Marysville,be,and the same
are hereby approved and adopted.
SECTION 7.Any contract or contracts for work to be dore in Local
Improvement District No.38 may be let to the highest and best bidder
reserving to the Town the right to reject any or all bids.Before
awarding any such contract or contracts the Town Clerk shall cause
"Notice To Contractors"to be published in the official newspaper in
the Town of Marysville,in the manner prOVided by law and ordinances of
the Town of Marysville.
SECTION 8.All other ordinances or parts of ordinances in conflict
herewith are hereby repealed.
SECTION 9.This Ordlnance shall take effect and be in force from
and after its passage,approval and publiea tion as required by law.
PASSED and approved this 12th day of August,1929.
Fred McCann
Mayor
ATTEST:
W.S.Myers
Town Clerk
Published August 15th,1929.
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