71-142 Ordinance - Laserfiche WebLink

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- 2 - Said tax shall be and is hereby ordered cwrputed, certified, levied and extended upon the tear dt~pl.icate and collected by the same officers, in the s manner ate at the seeee tiaae that taxes for general purposes for each of said years are certified, eat~d~-and collected. Said tax shall be placed before anti in preferemce to all other ite~ut and for the full amount thereof. The fads derived fro, said tea levies herd required shall be placed in a separate an$ distinct fund, ~&tiuh, tether with the interest collected 'on the same, shat.]. be irrerrecably pl for the paymaaat art the pri~ipal and interest of said notes or the bolds in anticipation of ~rhich they are issued, xhen and as the seace fall -due. Section 8. It is hereby datermiffied and recited that all acts, conditions and things necessary to be 8sae prat tc- aed in the isseing of said cotes in order to make the see legs]., valid sad binding obligations of the City of Borth Olmsted line ,been dame and perforaed in rega~lsr ~ due form as re- quired by las and that ~ limitation of 3tedebte~ess or taxativt~, either statu- tory or constitutional., xill have been exceeded in the issue-nce of said notes. Section 9. The Clerk of Council is hereby authorised amd directed to fort+ard a certified espy of this ordinance to the County Auditor of Cuyahoga County. Section 14. This ordinance is hereby declared to be an emeargen.cy measure. for the preservation. o' the pWet.ie peace, vel.fare sad safety of this City, and fc~r the farther reason that .the 3seaed3atea purchase of these buses is necessary to maintain theadegaacy of service and resultant public saaepta~tce of the City's coach line sad tints protect the City's investment therein; vhere- fore, this ordinance'shall take effect and be in force iamediately upon its passage and ecpprowal. by the i-~yc>r. Passed: ~~~ ~~ ~ , 1971 Attest; Y .~ •y ~ ` ore T. , er o unc c s , es a aac Z Approved;~ s'~~ Rap , r i~~.,