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under Sections 29-1, 29-2 and 29-5 of this charter for the ensuing year,
<br />together with all other funds available during the year, will be
<br />insufficient to provide an adequate amount for the necessary requirement~
<br />of the City and that it is necessary to levy taxes in excess of said
<br />limitations (1) for the purpose of meeting the current expenses of the
<br />City, its boards, departments and institutions, and (2) for any specified
<br />improvement or i~rovements having a life of five yep s or more, and may
<br />rqquire the submission of the question of tevying such additional tax to
<br />the electors of the City at the next November election. Such resolutioz
<br />shall specify the additional sum which it is necessary to levy, the
<br />purpose thereof, the additional rate estimated to be required for such
<br />purpose, and the number of years dttring which such increased rate m~ be
<br />levied, which shall not exceed five years except that when the additLona~
<br />rate is far the payment of debt charges the increased rate shall be for
<br />the life of the indebtedness. Such resolution shall take effect upon
<br />its adoption, no publication of such resolution shall be necessary and
<br />shall be Certifled within five days after its adoption to the election
<br />autho~ities~who Shall ~plaee said question upon the b~llot at th~ next
<br />succeeding November electiPn in the following fo~: ~ ~
<br />
<br /> An additional tax for the benefit of the City of Lakewood,
<br /> Ohio, for the purpose of (reciting purpose stated in the
<br /> resolution) at a rate not exceeding mi-~u._
<br /> mills for
<br /> (life of indebtedness or number of years levy is to run).
<br />
<br />For the TaX Levy
<br />Against the Tax Levy
<br />
<br />The question covered by such resolution shall be submitted as a
<br />separate proposit:ion, but may be printed on the same ballot with any
<br />other proposition, other than the election of officers, submitted at
<br />the same election. If a majority of those voting thereon vote for
<br />the/approval of such additional levy, the Council shall i~omediately
<br />mak~ such levy or such part thereof as it finds necessary, pursuant to
<br />such approval, and certify the same to the County Auditor to be placed
<br />on the tax list and collected as other taxes.
<br />
<br />Section 29-5: The Council shall have power to levy such other taxes as
<br />may be lawful in accordance with the provisions of the constitution and
<br />the laws of the State of Ohio.
<br />
<br />Section 29-6: Sections 29-1, 29-2, 29-~, 29-4, 29-~f'29¥6, 29-?, 29~8
<br />and 29-9 shall take effect and be in force immediately upon adoption
<br />for the purpose of fixing the tax 'rates upon the tax duplicate for the
<br />year 19~9 (for the purposes of 1940) and for each year thereafter.
<br />
<br />Section 29-7: The Sections of this amendment and every part thereof
<br />are hereby de~tared~}o be independent sections or parts and the holding
<br />of any section or part thereof to be void or ineffective shall not in an'
<br />way effect any other section or part thereof.
<br />
<br />Section 29-8: The existing basis of distribution to other taxing sub-
<br />divisions of taxes levied for all purposes within the county within the
<br />limitation of article XIII, Section2, of the constitution of the State
<br />of Ohio, shall not be affected by the provisions of Sections 29-1, 29-2,
<br />29-3, 29-4, 29-5, 29-6, 29-V, 29-8 and 29~9 of this charter.
<br />
<br />Section 29-9: The adoption of Sections 29-1, 29-2, 29-3, 29-4, 29-5,
<br />29-6, 29-7, 29-8 an5. 29-9 of this amendment the original section 29 of
<br />Article XV of the Charter of the City of LakewoOd shall be repealed.
<br />
<br />Section 2: That said proposed amendment shall be submitted by ballot
<br />to the electors of the City of Lakewood at the next regular municipal
<br />election to be held Tuesday, November 7, 19a9, and if such proposed
<br />amendment is approved by a majority of the electors voting thereon, it
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