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2406 - 25 Issue bonds to improve Edgewater Drive
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2406 - 25 Issue bonds to improve Edgewater Drive
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Last modified
5/14/2013 3:08:45 PM
Creation date
12/19/2005 5:04:13 AM
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Office Of Council
Document Type
Ordinances
Date
12/19/2005
Date Adopted
7/20/1925
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~ 2 - <br /> <br />ef Lakew0od. Ohio, a direct aHnual tax, in addition to all ether <br />taxes~ sufficient for said pu~Do~es0~ ~ provided however, that in <br />eaoh year the assessments anticipated by said bonds are payable- <br />and a=e ~DpIi~b~e to the paynlent of such interes~ and principal <br />~nd are~apDrepriate~'for. ~uch purDose, the amount of such tax shall <br />be reduced by the ame'unt of the assessment~ so ~pp~ol~r. iat~d and <br />applicable, and t~e e~neunt thereof shall be ~aeert~ined. levied ~ <br />and certified'by the proper t~x ~authoritie~annuall~ and shall be ~ <br />collected as ether ~axes are ~ollecbed~ <br /> <br />Section ~:- That upon the sal~ of'said ~ond~ '~the premium, accrued <br />interest and capitalized '~ ~ <br /> znte~e.~.~, if any, shall be paid i~to the <br />sinking fund or bond reti~emeMt fund. <br /> <br />Section 5: The'DireCtor of Finance is hereby directed to forward <br />a certified copy of thls ordinance to the CoGnty A~ditor as re- <br />quired by Section ~649-1b of the General Code of Ohio, <br /> <br />Sectfon 6: This' ordinance shaI1 be in full for~e a~d effect f~om <br />~nd after the earliest period allowed by law. <br /> <br />-~ President <br /> <br />ApD~ved: <br /> <br /> <br />
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