Laserfiche WebLink
The funds derived from said tax lcvttm hereby required shall be placed in a' <br />separate and distinct fund which, toi,~ether w:l. tl~ the interest collected on the <br />same shall be irrevocably pledged for the payment of the principal and intercst <br />of said notes or the bonds in anticlpation of which they are issued, when an':l <br />as the same falls due. <br /> <br /> Section 9. It is hereby determined and recited that all acts, <br />conditions and things necessary to be done precedent to and in the igsuing <br />of said notes in ord~r to make them legal, valid and binding obligations ' <br />of the City of Lakewood, have been done and performed in regular and due <br />form as required by law; and that no limitation of indebtedness or taxation, <br />either statutory or constitutional, will have been exceeded in the issuance of <br />said notes. <br /> <br /> Section 10. The Clark of Council is hereby directed to forward a <br />certified copy of this ordinance to the Connty Auditor. <br /> <br /> Section 11. It is found and determined that all formal actions of <br />th, is Council concerning and relating to the passage of this ordinance were <br />adopted J.n an open meeting of this Council, and that all such deliberations <br />of this Council and of any of its committees that resulted in such formal <br />action, were in meetings open to the public, in compliance with all legal <br />requirements including Section 121.22 of the Ohio Revised Code. ' <br /> <br /> Section 12. That this ordinance, having been declared to be an <br />emergency measure, shall be in full force and effect from and immediately after <br />its passage and approval by the Mayor., ~~_06~u~ <br />Passed: ,'~.~jo&6/ /~ , 1977 <br /> <br />Approved:':'~.Z~~///~ , 1977 <br /> <br />Clerk o~Council <br /> <br />Mayor <br /> <br />.l <br /> <br /> <br />