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<br />, NORTH OLMSTED CITY <br />; PROPOSED BOND ISSUE m , <br />; RECREATION FACILITIES . <br />. A 55% affirmative vote is necessary for passage. , <br />. Vote ballot with an "X" , <br />. . <br />. Shall bonds be issued by the City af North Oltnsted for the . purpose of ACQUIRING REAL ESTATE AND DEVELOPING IT FOR . RECREATIONAL PtJFiPOSES BY CONSTRUCTING AND EQUTPPING ATHLETIC ; <br />; FSELDS, PLAYGROUNDS' SHEU.PERS9 RECREATION CENTER, AND PICNIC : <br />. ARFAS, TOGETHER WITFi PAF?{,TNG AND OTHER SITE IMPROVEMENTS, <br />: in the sum of Seven Hu.ndred Fifty Thausand ($750,000) . <br />. Dollaxs . <br />: and a levy of taxes be made outside of the ten mi11 limita- : <br />, tion estimated by the county auditor to average <br />• 7747 . <br />. mills for each one dollar of valuation, which amounts to , <br />: 7.747 cents , for each one hundred dollars of valuation, for a maximum ' period of fifteen (15) : <br />: yeaxs to pay the principal and interest of such bonds. , <br />. . : <br />. . FOR THE BOND ISSLTE . <br />? ? - <br />; . AGAINST THE BOND ISSUE . <br />. : <br />Section 3. This resolution is hereby determined to be an emergency measure <br />necessary for the irmnediate preservation of the public peace, health a.nd safety, <br />and for the further reason that park and recxeational facilities are needed to <br />promote the health and general welfaxe of the inhabitants of this City and this <br />resolution must go into immediate effect in order to place this bond issue on the <br />November 4, 1969 ballot; WHEREFORE, this resolution shall be in force and take <br />effect immediately upon its adaption by Council and approval by the Mayor. <br /> <br />APPROVED: 1969 <br />Ra ph Christman, Mayor <br />- 2 - <br />'?051'e4 qIg /49 <br />vi I . ? ?? . <br />PAssID: Cy? .? , 1969