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2401 - 25 Issue bonds for water main in Athens Ave
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2401 - 25 Issue bonds for water main in Athens Ave
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Last modified
5/14/2013 3:08:45 PM
Creation date
12/19/2005 5:03:28 AM
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Office Of Council
Document Type
Ordinances
Date
12/19/2005
Date Adopted
7/20/1925
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of l',akewood, Ohio, a direct gnnual tax, in addition to all other <br />taXesj sufficient for said p~rposes, provided however, that in <br />each year"the assessments a~ticipated by said bonds are payable <br />~nd a~e ~ppTi~zbl~e to the p~ment'of such interest an~ principal <br />and are~appropriated~for suc}i purpose, ;~e amount of ouch taX shall <br />be reduced by the amount of the assessmehts so appropriated and <br />~pplicable. and t~e amoun~ thereof shall beascertained~ l'evied <br />and certified~by the proper t~ authori'.~ieseannually and shall be <br />collected as other taxes are ¢ollecr~e~, <br /> <br />Section ~:' That upon the sale of sa~d ~onds "the premium, accrued <br />interest and capitalized inte:',~.t, if any, shall, be paid into the <br />sinEing fund or bond retirement fund. <br /> <br />Section 5: The'Director of F;.nance ds hereby directed to forward <br />a oertified copy of this ordiuauce.to the ~.oGnty Auditor as <br />qu~red by Section ~649-1b of the General Code-of Ohio. <br /> <br />Secti'on 6; <br />~nd after <br /> <br /> This' ordinance sha!l be in full force and effect/from <br />the earliest period allowed by-~aw. <br /> <br />Adopted:. <br /> <br /> ~mmem Gotten <br />- Preside~~ <br /> <br />Mayor <br /> <br />Eau~fma~ <br />Clerk <br /> <br /> <br />
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