1922 035 Ordinance - Laserfiche WebLink

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? ORUINARTCE No e35 ? By Iv2r Brott: An ordinanae providing for the issuance oi' bonds of the Village of Yiayfield, Ohio, for the nu purpose of erecting or pU.rchasing:works for the ' ;eneration and transmission of electricity and for supplying electricity to the corxjoratiori aiid the inhabitants tlaereof. ;` i' S, at ageneral e1.ection he1d in the Village of Mayfield, Ohio, on the 7th day o-e November,1922, the qu.estion of 9.ssuing bonds of said village in an amount iz1 excess oL' one-ha7.f of one pe-rcent of the total value of al1 property in such village as listed or assessed for taxation, that is9 in the sum of =r?12,000,00 for the purpose o.f erecting or purch.asirg, works for the generation snd transmission of e7.ectricity ? • and for supplying electricity to t.iie corporatioil and the intiabitants , . . , , thereof ivas submitted to avote of the qualil ied e7.ectors of such vi1.lage ? and, voting " S, ttivo-thircis of the voters?at svch election vpon the the question of issuing said bonds voted in favor thereof, and UHE E ?S, this Cozincil has req,uested the Clerk to issue his certificate as to the 'estimated -liie ot the property, assest or irnprovement -oro-posed to be acquired or consts•ucted from the proceecls of the bonds here- inas"ter referrecl toe and the C1erk has certified. to this .Council such esi;i- mated life- as fii';?een years, and has furtller certifi.ed the maximun maturity of sueh bonds as fifteon years, and , WIiI,L'?EAS9 this Council estimates that a tax f'or .said.bonds will 1 appear ur?on the el?alicate for the tax year of 1924, and that the f inal ta?. settlement' tvith the Covnty`Treasurer next iollovaing the.inclusion of a i;ax for this 'issue in 'the aanual budget by the County Auditor, a s. provided ` by 1aw9 will be obtained not ear7.ier than the first day of September,1925 and yvill'require ,p?850.00 for interest until such tages are_collected and 1