A RESOLUTION

That it is necessary to improve the following streets in the City of Oakwood, Ohio:

That street listing is set forth in Exhibit A which is attached to and made a part of this Resolution by such physical attachment as well as by the doctrine of incorporation by reference.

That said streets shall be improved as shown on the plans and specifications hereinafter referred to and now on file in the office of the Clerk of Council, which are made a part hereof, by lighting the same with electricity for a period from January 1, 2025 through December 31, 2025.

It is hereby determined and declared that said improvement is conducive to the public health, convenience and welfare of said City and the inhabitants thereof. It is further determined that such streets are so situated in relation to each other that in order to complete the improvement thereof in the most practical and economical manner, they should be improved at the same time, with the same kind of materials, and in the same manner.

That the plans, specifications, estimate of cost and profiles of the proposed improvements, heretofore prepared and now on file in the office of the Clerk of Council, are hereby approved.

That the whole cost of said improvement, less one-fiftieth thereof and the costs of street lighting in intersections, shall be assessed in proportion to the benefits which may result from the improvement upon the following described lots and lands, to wit: all lots and lands bounding and abutting upon the proposed improvement between the termini aforesaid, which said lots and lands are hereby determined to be specially benefited by said improvement. The cost of said improvement shall include the cost of preliminary and other surveys, plans, specifications, profiles and estimates and of printing, serving and publishing notices, resolutions, and ordinances, the amount of damages resulting from the improvement assessed in favor of any owner of land affected by the improvement and the interest thereon, the costs incurred in connection with the preparation, levy and collection of the special assessments, the cost of purchasing, appropriating and otherwise acquiring therefore any required real estate or interest therein, expenses of legal services including obtaining an approving legal opinion, cost of labor and material and interest on bonds and notes issued in anticipation of the levy and collection of the special assessments together with all other necessary expenditures.

That the City Manager be and he is hereby authorized and directed to prepare and file or cause to be prepared and filed in the office of the Clerk of Council the estimated assessments of the cost of the improvement described in this Resolution. Such estimated assessments shall be based upon the estimate of cost of said improvement now on file in the office of the Clerk of Council and shall be prepared pursuant to the provisions of this Resolution. When such estimated assessments have been so filed, said Clerk of Council shall cause notice of the adoption of this Resolution and filing of said estimated assessments to be given to owners of all lots and lands to be assessed as proved in Section 727.14 of the Revised Code.

That the assessments to be levied shall be paid in one annual installment; provided that the owner of any property assessed may, at his option, pay such assessment in cash within thirty days after passage of the assessing ordinance.

That the bonds of the city shall not be issued in anticipation of the collection of assessments by installments.

That it is hereby found and determined that all formal actions of this Council concerning and relating to the passage of this Resolution were adopted in an open meeting of this Council, and that all deliberations of this Council and of any of its committees that resulted in such formal actions, were in meetings open to the public, in compliance with all legal requirements including Section 121.22 of the Ohio Revised Code.