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/ ~-r~ <br />ORDINANCE NO., 333 <br />By iuIr, Hardman <br />AN 0_RDII~TAIdCE TO SELL UNITED STATES BONDS HELD IN THE <br />STREET .iL~iTTENAIdCl;~'8i REP9,IR FUNS. _ <br />ZViiEP~EAS, the Street Nai.ntenance & P~epair Fund of the Village <br />01" Ivi~rfield is the ovrner of three United States Treasury Bonds, Series <br />195052, Serial Nos. 81628 J, 81629 K and 81630 L, in the_ face amoun•E <br />of 1,000.00 each; and .. <br />WHEREAS, the cash balance in the said Street Maintenance & <br />Repair Fund is Hour so low that current expenses of the fund cannot be <br />paid without •the sale ox' these bonds, <br />NOti~T THEREFORr~ BE IT RESOLVED BY THE COUNCIL OF THE VILLAGE <br />OF IViAY.I?TEED, CUY.f~Ii~A COUNTY, . QHIO, _ THAT s - - - - <br />~; ~_ Sec. 1. Council determines that it is necessary to sell the <br />three United Stares Treasury Bonds held by the Street Maintenance E~ <br />Repair Fund of the Village of T~Iayfield, and hero_by authorizes the . <br />Village .Treasurer to sell said bonds at current market prices aid to <br />credit the proceeds to the Street Ti~aintenance & Repair Fund. <br />Sec. 2~ This Ordinance is deemed to be an emergency measure, <br />necessary for the immediate protection oz^ the safety and welfare of the <br />Village of Mayfield. and its inhabitants, in order that current expenses <br />of the Street Maintenance~& Repair Fund may be paid and the streets <br />maintained and repaired, and this ordinance shall go into effect <br />iLmnediately upon the date of its passage+ <br />Passed this 21st day of bTov©~nber , 1949. <br />_~ ~ <br />r-: ° i <br />~..~' Mayor" - President of Council <br />Attests <br />_ ~~- <br />