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Reso]aition 14oo 408 <br />By M% Taylox° <br />A RF$S OLITTION R.EQUWTING THE CDIINTY AUDIfiOR TO &DVANCE <br />FQNDS OTT . OF TBE CUftREI+fT. TAX COT,IZCTION, <br />I NHERFJS on and a f°ter Nogembes° ],?t., 1957, the Village of Mayfield' <br />ohio., wi117not have sufficient inoneg in its Genera]. Fund to pay the experses <br />properly payable fiherefrom azd wM therebry be uriab].e to nay sa].ari.es of <br />itAs e,mpl.oyees or carry on the orditiary mpera°tions of the Vi.ltage, ancl wM <br />' not have sufficient money 3.n its Gerieral Bond Ret3.renent Fand and Special <br />Assessraent Bor?dRetirement Fund to pay the 3.nterest on i°ts bonds ar,sl #,o <br />pay the amoants neeessary ta re-t,ire the bonds which come due on December <br />3st, 1957• <br />NOW THEREFORE BE IT RES OLFED BY TfIE COUNCM OF TfiE V31UGE OF <br />MA,YFIELD9 CUYAFIOGA COUNT3C OHIO THAT s ` <br />Sec. 1. The County Audditor be arid he Ylereby is hespectt'u11;y <br />recy,uested .to advance to the VMage of Mayfie].d, Dh,:o' for paymen°t og expenses <br />out of it.s Genex°al Fund the sum af $5.,000900 ou.'t of taxes which have been <br />eo13e eted by the County Treasurer on propert3r in ?aid Vi]lage• <br />Sec. 2. The Courity guaitor be and he hereby is respecfifully <br />reque5tec1 t? advance oat of #,axes alseady collected by the Co+anty Treasurer <br />on property° i.n said Vi.llage a sun of money suffic3ent to pay the 3.nterest <br />and pra.neipal, on Specia7. Assessment Bords ard General Ob]:i.gatiom Bond.s of <br />the Vil3.age of Mayfi.eld, ohis9 which wM becoms d.ue on DecembQr 19 1957. <br />Sec. 3. The Vi7lage Clerk be and he hex•eby is instraeted to certa.fy <br />a cop3r o£M?issolution to the County Auditor. <br />Sec. 4. This Reso].u°ti.ora is herebby dee].ared to be an eznergeney <br />measure9 necessary. for the 3msdiate preservati,on of the public healthy <br />peace, safety and weUare of the Vi11age of May.field arxt its intaaUi.tants <br />because of the necessit3r of havS,rag funds to pay expenses of operati,on o£ <br />the Vi3.1abe and to pay interest and pr3.ncipal due on its boalds in order to <br />preserve the crecLit of the V3.1lage, and this Resolution sha1.l be ;.n f os•ee <br />and e£fect froin and after the date of its adopt? crnn• <br />Adopted th3.s 21st day of October., 1957. <br />Attest: Z-7ii-yy?or - esi ent of onnc <br />SF?L rk