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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 amount <br />thereof, the funds derived from said tax levies hereby required shall be <br />placed in a separate fund, together with interest collected on the same, <br />which shall be irrevocably pledged for the payment of principal and interest <br />of said bonds when and as the same shall fall due, provided, however, that in <br />each year that the assessments anticipated by said bonds are payable and are <br />applicable to the payment of such interest and principal and are appropriated <br />for such purpose, the amount of such tax shall be reduced by the amount of <br />the assessment so appropriated. <br />Sec. 9. The Village Clerk is hereby directed to forward a certif ied <br />copy of this ordinanue 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 to become due and payable and <br />thereby preserve the credit of this Village. This ordinance shall theref ore <br />be in full force and effect immediately upon its passage as an emergency <br />measure. <br />Passed this 13th day of July, 1964. <br /><<l/ <br />Mayor - President of Council <br />Attest: <br />(S~AI,~ Clerk <br />