oRDTrr~NCE No. 573
<br />_ By rir, -Falk
<br />AN ORDINANCE ESTABLISHSI'`~ A BUILDING BOND FUND
<br />BE IT ORDAINED BY THE COUNCIL OF THE VTLI~AGE OF P~AYFIELD, C UYAHOGA COUNTY
<br />OHIO, THgT: - . .. _. .. , • - ' - - _ - - - - -
<br />Sec. ].~ There is hereby established a Building Bond. Fund. The
<br />Clerk sha~1 deposit in said F`utid all amoiuits of. moneys deposited with
<br />the ~i7lage of I'~ayfield by builders and contractors to secure perfornance
<br />of their obligations in connection with permits granted to them by the
<br />Village and in connection with building operations and construction of
<br />improvements within the Villageo
<br />Sec. 2~ This Ordinance shall be in force and effect at the
<br />earliest.,per.iod permitted by law•
<br />Passed this lI'th day of January, 1957.
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<br />Mayor -~~. resident of ounci
<br />Attests
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