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4602 - 48 Issue bonds for hospital buildings
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4602 - 48 Issue bonds for hospital buildings
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Last modified
5/14/2013 3:09:48 PM
Creation date
12/21/2005 3:47:04 AM
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Office Of Council
Document Type
Ordinances
Date
12/21/2005
Date Adopted
12/10/1948
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-2- <br /> annually during the Period said bondsare to r~n in an amount sufficient <br /> funds to pay the interest u on sa <br /> to provide a fUmd for th~ ~ ~P~- id b~onds as and when · _ to provide <br /> ~ch ~'o~ ~u_~ : _ .- ~rge oi' the or~ne~ the.same falls due an <br /> . ~ ~-a~ no~ he less than +b~ ~+ -_ ...... ~-~- of sa~.d serial bo~ ~+d als~ <br /> 11 of Articl~ ~ ...... eres~ a~ si~fin~ fu~ .... , ~- ~ <br /> ~ ~ the Constitution of the State of 0~o and of ~e statutes <br /> ing thereto, Sa~d t~ s~mll be ~d ts hereb o = '-- ~ ~equ~.red by seet~%~ <br /> extended Upon the t~ duplicate ~d c Y '.~ co~ut~ cert~ . <br /> ~_~h~ ~ame.~ime~ ~es f~ general , ers ~ ~ ~m~ <br /> ~=-~ ~a collected. M=~ · ...... P~oses ~ each of said years ~e cert.- <br /> <br /> requir~ ~all Be pl~c~ tn the ~ond Retirement F~d ~hich to~etBer w~th ell <br /> ~rzve~ Z'~m said tax 1~ <br /> collect~ on smme~ s~ll be ~rr~ocably pledged for the l~ent of the ~ -"~== ne~ <br /> p~ncfpal of said bonds when and as S~e f~ls due. <br /> :-nterest <br /> ~ Section ~, Said b~s sh <br /> ~ ~e Dzrector of F =~ me +~ ~,~a~ be first offe <br /> ~= .......... ~ , ~d at pa~ ~ acc~ interest <br /> of the treasu~ ~Vestment accou~ ~'~J oz ~wo~ ~ to the oif~cers ~VinE mharge <br /> ~ officers s~ . t and so ~ of <br /> ~w 11 be adve~ms~ a ~ the Same as s~ml <br /> at ngt ~ess t~n the' ~ s?ld ~ public ~ - 1 nob be taken b <br /> said bon~s Zor s ~mr Par~yalue a~ acc~,~ ~ s~l$ ~ the ~er ~ .... ~-= <br /> ale, the adver~zsem ~ t there ~ <br /> present a bid or h' ~ .e~t ~a~ ~ate th . on.. ~n a~ver~isi <br /> forest ~ zds for s=~d ho~s oased Unon th~-a~-a~°ne d?mrzng to do so~ <br /> thereNnbefore f~ed, ~ ~- ~arm~ a different ~te of <br /> p~vided, h~er~ ~t where a fractional ~terest <br /> rate is hid, such fraction s~I1 be ~ua~er (1/4) of one per cent (1%) or multi- <br /> ple thereof. <br /> <br /> ~e proceeds fr~ the sale of ~id bo~s, ~cept ~be pr~ and acc~ <br /> ~terest thereon ~d ~e ~mount of ~y bonds issu~ for interest~ shall be Placed <br /> the City s treasu~ to t~ ~edit of the "HOSPI~L B~NG AND ~,~> '~ .~ .~ <br /> us~ for the PUrpose ~oresaid a~ f~ no other pu~ose; the pr~.~ a~ acc~ed <br /> ' I ._. ~O, ~,.~NT FUh~" and <br />terest receiv~ from auch Sale and ~e ~mount of a~ bo~s issu~ for interest s~ll <br />be transfe~ to the Bend Retir~ent Fund to be aPPli~ ~ the pa~e~ of the <br />~1 a~ ~teres$ of Said ~nds ~ the ~n~ Pr~ by law. <br /> Section 6. The Di~ctor of F~ance ts hereby di~cted te fo~ ~Oee~f' <br />fi~ eopy ~ ~his e~f~nce te t~ Auditor ~ C~ahoga Co~ty~ Ohio. <br /> <br /> Section ?. ~.s o~i~nce is he~b~ dec~r~ to be ~ emergen~ m~sure <br />~o~.the reaso~ s~ted ~ the Pre~bte hereof and~ provid~ it receives the ~fi~ativ~ <br />~ote of tw~thirds of ail m~ers e~ct~ te Oounc~ it S~ll take effect and be <br />:oreo ~te~ upon its adoption and ~Pproval by the <br /> <br />dopted, Dec. 10, 19~8. <br /> <br />_Dec. 10, 1948. <br /> <br />A. I. Kauffman. <br /> Mayor <br /> <br />_. ~?m. R. Fairgrieve. <br /> PreSident <br /> H. A. Rees. <br /> <br /> Clerk <br /> <br /> <br />
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