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. , U'?D'_"INTZ?NCE 170. 26. . . ,
<br />By 17-r. Schu12 .
<br />-?To i'ssue, borids in t,'ria antiicipation -of tlie. collection of special nasess-
<br />mentis heretof.ore levied against the lots and la.rids bounding and ab,uttino .'
<br />or_ Glenvi ar,$g?,cj" for the ?mprovement thereof f'rom the center line _:,o.f S.O.PI...
<br />Genter Road to the center l;ne of Beech Hill Road, b; establish?ng a graele,`_
<br />gradino, constouctir_- sicalk,s? and draining.
<br />Be it 0rdained hy the Council of -tne tiil-la.-e. of P,iay-,field,. State of
<br />Ohio : , - . - -
<br />`Section l. That to provide a: fur_cl_ fbr,-the paymert_ of the 'cast. and
<br />expense f'or which special assessments have heretiof'ore been levied f'o-r the
<br />impx•ovoment- of. Glenvie-,:? Road.; florm the center l--r_e of- S.O.Y. Conter Ro2d
<br />to the cen=cer line of Beec?h :-{;11 Ro-LLd, by establishing a grade, gra.cling constructing sideti•ral'rs, and clraining, this- Cotzncil issue Uonds of said Vil- .
<br />lago in the;. aggregate Amou.nt. of 5;8, 500,1%;ith interest cou.pons attachecl,
<br />said bonds -being numoered, desc;cibed and made?. paya.ble. a.s, fol-lotivs:- .
<br />P1o: J_. f'or. 8500 - payable October l, 1922.
<br />n 2. " 500 - n n n 1923. ?_.
<br />3.. 500 if if 1924 a
<br />4. " 1000 " " " 1925e
<br />" 5, " looo „ ?, i,9,2s.. .
<br />...
<br />6. 1000 ?? ?i.9?7: . ?
<br />• '? 7 1000 1928.
<br />'t 8. " 1G00 1929.
<br />9. 1000 1930.
<br />" 10. " 1000 1931.
<br />kTl of said bonds to draT: intierest from the d_ate of sa.le, at +.,he rat,o: --
<br />of 6% por anr_tun pa.yabl e ser?li-annually on the 1 st days of !Lpril and Octobor
<br />of baoh year on ar_d after the lst dFiy of October, 1922.
<br />Section 2.- Th-it.both principal and interest shallbe payable at the
<br />office of the Treasurer of said Villa;e; or_ the presentation .and surrender ,
<br />`said, bonds Ltind the coupons theret_o attach?od as they respectitrely mattire.
<br />Seetion 30 _That said: bonds shal.l be clated the day of sale, .anc), to-
<br />gether with interest coupons, shall be issued and signed accorciing tio
<br />S aid interest cour;ons sha:ll have the signature of the Clerk lithographetl
<br />-the-reone
<br />Sect'i'or 4. That the- faith and revrnie of al_l the real and personal
<br />?? . prop,o'rty i?,i?;said 7? T??a;e are hereby.1?ledged to the ,payment of .said bonds .
<br />and-coupons accord.ing -to the'terms ii182"G'Of, . '
<br />, - - -_ . . _ . __ _ .. . . _ . . . . . . -- t
<br />Section 5. That upon the sale of saici bonds and proceeds thereof
<br />shall,be p)_aced '?ri the V'illage -treasury and disUursed upon proper VOLICYI-
<br />ers in payment of the. cost _,nd expense of the improvemerit aforesaid.
<br />Section B. That said anrnial inscallments,and al1 portions thereof
<br />shallbe appliod to the payment of sal-d bonds and in-terest as the same
<br />shall become due, and to no otheY' plll'p058 whatsoever.
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