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HomeMy WebLinkAboutOrdinance 1514ORDINANCE N0. 1514 AN ORDINANCE AUTHORIZING AND ORDERING THE. CONSTRUCTION OF CURBS, GUTTERS, STORM SEWERS, AND PAVING ON SOUTH FIRST STREET FROM BUSH STREET TO CUPP DRIVE WITHIN THE CITY OF CENTRAL POINT, OREGON, ASSESSING THE COSTS AGAINST THE PROPERTIES BENEFITTED BY SUCH IMPROVEMENTS AND PROVIDING THAT WARRANTS ISSUED FOR THE COST THEREOF BE GENERAL OBLIGATIONS OF THE CITY OF CENTRAL POINT, OREGON, AND DECLARING AN EMERGENCY WHEREAS, the City Council has heretofore by Ordinance No. 1508 declared its intention to authorize the improvements herein described in accordance with plans and specifications now on file with the Office of the City Adminis- trator, and to assess each lot, or portion thereof, adjacent to and benefitted by such improvements, its proportionate share of the cost thereof as provided by applicable law, and WHEREAS, notice of such intention has been given and published as re- quired by Section 1.24 of the Municipal Code of the City of Central Point and the laws of the State of Oregon, and the public hearing was held thereafter in accordance with such notice, and after hearing all testimony, whether for or against such improvements or assessment of the cost thereof to the adjacent benefitted properties, it appears to the City Council that such improvement is of material benefit to the City and that all property to be assessed will be benefitted to the extent of the probable value of the respective assessments to be levied for the cost thereof; now, therefore, THE PEOPLE OF THE CITY OF CENTRAL POINT DO ORDAIN AS FOLLOWS: Section 1. It is hereby ordered that curbs, gutters, storm sewers,. and paving be constructed on South First Street from Bush Street to Cupp Drive within the City of Central Point, Oregon,. all in accordance with the plans and specifications now on file in the Office of the City Administrator, and that the cost thereof be assessed against each lot, or portion thereof, adjacent to ORDINANCE NO.~~ - Page 1 and benefitted by such improvements, in proportionate share, as provided by applicable law. Section 2, Warrants for the payment of construction of the improvements above described shall bear interest at a rate not to exceed. 11 percent per annum and shall constitute general obligations of the City of Central Point, Oregon, with the terms and conditions of said warrants to be as provided by Oregon Revised Statutes, Section 287.502 through 287.515. Section 3. This ordinance being necessary for the immediate preservation of the public peace, health and safety of the City of Central Point, Oregon, based upon the need to provide for construction during a dry weather season, the 30-day waiting. period is waived and an emergency is hereby declared to exist. Passed by the Council and signed by me in authentication of its passage this 17th day of May , 1984. ` !, ,. F,< ~" ~„ Mayor ATTEST: ti ~_ ~~ City Officer Approved by me this 18th day of May 1984. -~ ~ _,%~~ /- r -- ' ':, ~ Mayor ORDINANCE N0. 1514 - Page 2