1871 - 22 Construct sewer & water connections in Blossom Pk

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Section 4: That to provide a fund for the payment of the portion of the cost and ex~en~e of said connections, for ~l~ch the ~vecial ~e~ment 1mr,in l~ ~ation ~f the collection of ~ai~ ~peCi~ ~e~nt~ in the a~creffate m~ of 1923 and, one every six month~ th. rooSter ~til ~1 ~'e paid and retix'od. S~id notes mh~l recite upon ~eir faoo %hat they ~e issued for the purpose Of lnst~linc sewer ~d v;stor oonneotion~) in Biomu~ P~k Averse ~om Detroit Avenue %o Ood~ood ~venue, ~1 ~sessmento oolleo%$d for maid improvement, ~d ~1 ~e~ended b~oes r~ining in %he ~nd ~fter %he Oo~t ~d expense of the improvement have been paid, mh~l be applied to the po$~ent of the note ~d %he in~eroot thereon un%il both are ~lly p~id. Section ~: The full ~mith, credit ~nd revenues of the City of L~kewood, Ohio ~re hereby plddged to the p,~raent of s~id note~ ~d ~he interest thereon. If WitCh ~he time above spe~ified and before ~he sale of m~id notes ~y of the ~wners of ~id property sh~:~l p~y their tot~ ~s~essment in cash, tt~e ~gr~ gate s~a of net,s te be is~]ued mh~l ~e ~eduoed ~ deducting the ~no~t se paid in cash ~om the to~ ~o~lt of the ~nd to bo provided~ ~d the no'te~ issued sh~l be severely reduced in ~o~t pro~rtionmtety~ section 6: That upon the s~le of said notes 1~he proceeds thereof together with ~neys received from cash payments of said a~sessmente, eh%ll be plied tn %h~ City Treasury mhd disburzed upon proper vouch, ms tn ~ent of ~e Soot ~d e~ense of the improves,night.for,said. Section 7: That said :~nnual payment~ of said a~sessments and all portions thereof, shall be applied to the p~ent cf ~aid notes mhd ~he into:m~f~t there- cnW. ~s ~he s~o s~_ll become due and to no other purpose wh~tsoever. Section 8: That for the purpose of previdin~ i~zuds in an ~ount mAffieient %0 p~ the princip~ ~d interest ~n said notes, mhd %o provide the mir~ing ~nd for tho final rede~uption of much p~rtion ~f said notes ~d interest ms shall net be paid by the assessment aforesaid, the~ ~lm~l be ~nd Is hereby levied upon all the re~ and personal property in the City of L~ood. Ohio a direct annual t~, in addition to all other t~es, sufficient for maid p~poses, tho ~mo~t sh~l be ascertained, levied and certified by the proper ~ m%thorities of s~d City, ~Au~ly, ~d shall be celled as other t~es ~e eolleo t~d, Section 9: That an emerc~eney exist~ for lkhe i~aediato preservation of the public hc~th, property and safe%y, arising out of the necessity ef the irm~edi~te construction ef s~id connections and therefore this erdin~mce ahall take effect fort}~i%h and at the earliest period allowed by Adopted: Approve~: June 5th, 1922 L. A. Hildie President A. 0. Guild Clerk