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,~-0RDINANCE NO, 236t YBy ~trs. Enirk
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<br />,~'issue bonds in ~the sum of seven~een Thousand ]~xve Hunar
<br /> ~lfty-Flve ~.' ($%?,~.0~)~ Dollars ' tO ~pr~vide ',a~f~nd .for:;the
<br /> ~a~men~ 'of :' the p6~lon, of ~tke c0st ,~ ~xpense Tot 'which ~e~
<br /> ~sses~ent ~:~s ,:heretoforem~been l~vied' for ~e ~pr0vem~n$
<br /> At~ns Avenue from Bro~ Ro~ to H~ste~ street By paving
<br /> with ~rick or bit~inoue ~oncrete, or $~et a~p~t or
<br /> ooncrete~ or cement c~erete, doing ~ ~d ~1 ~ing,
<br /> -~d c~Blng ~d conmtructing delinquent c~B
<br /> ~ncident~ ~d neceem~y thereto.
<br /> ~ ~IT '0~I~ by the. Council of t~ City :.of ~'L~e~od~ Co~ty- of
<br />.j ~uy~oga ~ anti,tat e ~of? Ohio ~., ~e~. f~r~s o f ~ all .memBe'rs ' ~onC~rifi~
<br />
<br /> 'Sect~n :1: ' -That: t0 provide m fdhd for the 'pa~ent ,of.,~e p6rtion
<br /> .,ofi~e ,cost and e~ense for which-the special ~ss'egsmSn~ -has here-
<br /> ~,~t~fore-been~levied for said imwovement. ~e ~ayor~ and D~eetor'~of
<br />
<br /> e~ch, ten (10) ~onds of $~00.00 each, T~AVe ~XE~ ~onas ox
<br /> ~o~ ~d ~ne (1) ~ond of $X%5.00, matting serial2:
<br /> Da~.
<br /> ~ond No~. ~gregating
<br /> X, 2 ~d ~ $I,700.00 9etcher ~$ 192~
<br /> 4, ~ ~d $ X,700.00 October 1st,
<br /> 7, ~, 9 ~d l0 ~,8~5.00 OctOber 1st, 192~
<br /> 11, 12 ~d 1~ 1,700.00 OCtober 1st, 1929
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<br /> ~7,~o, ~9 mhd 20 ~,900.00 OctoBer 1~,
<br /> 2~ 22 ~d 2~ ~700.00 October I~t,
<br /> 24 2 ~d 26 1,700.00 0cto~e~ 1st,
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<br /> .~nuaZ~ ~oUnt~; W~, interest. ~ereon at, the rate.;of. D ~; Der cent~
<br /> ~e~ -ann~, :pa~able ~i-~nnu~lly ~oh. A~iI Ist ~ Oc¢0ber ls% ~ach
<br /> ye~ ~n%it all. of'~he said .bonds ~ve'been duly p~d~'a~d ret'ired.
<br /> ~':a~. sh~l .Se"p~abte,bo~h principal ~d"¢nterest, 'at the cf~ficeqof
<br /> t~ :Director ~of iFin~e of the ~lty of ~w~%d. S~id ~bonds
<br /> au~orized'.~t6-be ~issued S~lt,. b'e dated ;~e ls$, X~ . , '~d
<br /> shall be'~iE~d,~d's~ld ~y said officers as provi~d...by law, and
<br /> the ~oc~eds ~re~f, except-pr~i~,, aCcrued~'interest ~d the
<br /> ~nunt ~cesa~y fo~in~r~st Until the .first half of .~he t~es for
<br /> ~e 'ye~ 192% ~e avai%~ie i' sha~ be applied t0-the pa~t of the
<br /> cost' ~d'~p~nse 0f~ saad impr~ement' as ~aforee~," 'm~'to no
<br /> pu~ose ~atso~e,r. 'The full ~Zaith, 3'¢'redit a~ 'reVenues of.
<br /> :.,~Oity of Lakewoo~; .O~io, ~e hereby 'pledged t6 the,pa~ent' or'said
<br /> Eonds a~ t~ ~interest 'ther:eon, . If before the' sale ~f. said ~O~s
<br /> .a~ O'f 'the .~vners ~of?~id:.property shall-pay ~ei~ total assessment
<br /> In ca~' t~ ~greg~$e .s~ in~.bonds t'o be, issued shai1 ~ "r~d~md
<br /> .:by deduc~t'ing the ,~moun~ so p~id in ~h~from ~%he t~' '~oUnt of ~e
<br />
<br /> ~.~ot~n ~. Tha~ said annul, pa~ents of s~id' as~e'ssment~:'a~, all"~po~-
<br /> ~i0~ theMe0f ~d', ail i'ntere~ 2herebn ~11'~ b~: 'mppIied to %he~ p~men~
<br /> of said ~o~ and:~e interes~-th~r'een as:'the ~e s~l, b'ecOme ~due,
<br /> and ~to'; no o~r p~pome .%vhatso~Ve,~,
<br />
<br /> ~ac~io~ ~: 7Tha~ fo~ the purpose of providtng~n~
<br /> ~uff~i¢ien~' to pay :the interss~ .o~ s'ai~ serial 'B0nds ~ ~O :p~Wide
<br /> . ~ fun~ for %EHe 'fihaI ~demption. of: ~aid bonds.- ~Her~' s~i'.?Be
<br /> :~ is~ he~eby..levied upon .~ll,.the.':r~al a~ per~0nal ~roperty in' %~City
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