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1958 628 Ordinance
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1958 628 Ordinance
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Last modified
11/19/2018 3:52:09 PM
Creation date
8/7/2018 3:57:46 AM
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Legislation-Meeting Minutes
Document Type
Ordinance
Number
628
Date
7/21/1958
Year
1958
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<br />r? <br />to plvvi.de turuis to pay the interes.t.upon said bvrids aa. and when fhe. -same <br />fa11$ .cluep arrl a1so to nrov3.de a gund for the discIiarge, o.f the principal af <br />said seria7. bonds at' maturlty, -diich tax shaU not be les.s ttian the iuterest <br />and s3rAdng fund -tax requ3xed by Section 73 of Arti:ele %IT of the Constitution <br />of Ohio. Said tax sha7.1- be and 3s h8PBby":OrC].er-ed9 _C_ampAted' certifieds levi.esl <br />and extended .upon the °t,ac.: dupl.3cat,e aad collected` by_ the same o€fYcers in <br />the sams mamner and at-ths same t3.me that taxes for geaeral._purposes for <br />eaoh of sa3.d years are certifl:ed, extended and eo3lected. .Said tax shall be <br />placed befere and in prefer_enee to a11_ ot&aer. items ahd f cr the fu1]. arnount <br />thereofs the furds deri4ed freua sai.d tax lev3:es Yereby requi.red sha7Ll be <br />placed in aseparate f'mid., valiich$ fi,oge#,heF.-with iritekest eol3eet.ed on the <br />same' shall be irrevocably pl.edged for the pa7ment of prineipal and interest <br />of said bonsis whea, and as the same. shall. fall due, provided' ho+rever, that <br />in eaeYi year_ that the assessments antiei.pited by said botbds are pagsble and sre <br />applicable tg the payment of such interest_.arad principal and_ are appropriated <br />for snach purpose,.the mnmasit of such tag shaIl be reduced by the a+aouat vf <br />the assessmsnt so apprapriatad, _ <br />See. 9. That 'the VMage _ Clerk _ is hereeby directed to forward a <br />certifie"o'py of this orflinance . to the Cnyahoga County Aud3t,or. <br />Sec. 10? That thi.s ord3nance-is deemed. to be an- emergenc,g measure <br />necessaty for ths. irmned3.ate pr8seri-ation of the pnbl3.c geace' healfih and <br />safeiy for the reason that the prroceeds.. of,lbe sale of said bvnds are <br />inneedi.ately needed to retire outstazxiing aotes_ of the Village nmr chte and <br />pa3rable and. thereby preserve _the : eredit of_: 1h3.s _ V3]]1age. This ordinance <br />slall thsrefore be in fi11. -force and effect imediatel,p upoa its passage <br />as an emergency Ardimance. <br />rassea this ast aay vf July, 1958: <br />Attests <br />Approtred a <br />?_? ?/? <br />ul?h?/av A- HaYoF- resi ent o Counc <br />? - erk <br />- B(AITE F OHIO The undersigned, Clerk of the ViItage <br />CUYAHOGACOIJ NTY SS. of Ma.yfield, Ohio, hereby certifies that <br />,VILLAGE 0F iYIAI'FIl±.•LD there i^ no newaN?per piahlished in said <br />gJili,;n.-e and t.hat p.ubiin-, tion oP the <br />foregoing Ordinance ar re ? esolu?;nn ,,v ?:s i:iade by postjng true <br />I?..----- <br />Copies thereor =•(' i`;vt! or r!a,. in;), c -,':li: i,) said Village, a3 determined <br />bg Council, as f?o,llowg: <br />Town i-i,01: Co.ner- S:> vi ?':.:r:?=_:• .,.?:d `Nilson i1-lills Road; 2 <br />??n <br />mile . ast of S;,F?l ni? `;'ilson Niills <br />Yt:ile Norch c,r Wilsor; ?;[ili:. Roau on SO1VI C;enter R,oad: <br />mile South of Wilson id`iils P.oad un SONl Center Road, <br />eaCh or a period of 15 days commencing on tlae .&4-day of. 4j?., <br />19. . .
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