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Ohio. Said tax shall be and is hereby ordered, computed, certif ied, levied <br />and extended upon the tax duplicate and collected by the same officers in <br />the same manner and at the same time that taxes for general purposes for <br />each of said years are certif ied, extended and collected. Said tax shall <br />be placed before and in preference to all other items and for the full <br />amount thereof, the funds derived from said tax levies hereby required <br />shall be placed in a separate fund, together with interest collected on the <br />same, which shall be irrevocably pledged for the payment of principal and <br />interest of said bonds when and as the same shall fall due, provided, however, <br />that in each year that the assessments anticipated by said bonds are payable <br />and 'are applicable to the payment of such interest and principal and are <br />appropriated for such purpose, the amount of such tax shall be reduced by <br />the amount of the assessment so appropriated. <br />Sec, 9. The Village Clerk is hereby directed to.f orward a certif ied <br />copy of this ordinance to the Cuyahoga County Auditor <br />Sec, 10, This ordinance is deemed to be an emergency measure, necessary <br />for the immediate preservation of the public peace, health and safety for the <br />reason that the proceeds of the sale of said bonds are immediately needed to <br />retire an outstanding note of the Village about.ao.-becpme:_~due and p.ayabl~ and thereby <br />preserve the credit of this Village, This ordinance shall therefore be in <br />full force and effect immediately upon. its passage as an emergency measure. <br />Passed this 13th day of ,luly, 1964.E <br />/\ ~~ <br />Mayor ~ President of Council <br />Attest: <br />aw.~ 6~ r <br />CSEAL) Clerk <br />