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87-080 Resolution
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87-080 Resolution
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1/11/2014 12:52:29 PM
Creation date
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North Olmsted Legislation
Legislation Number
87-080
Legislation Date
8/18/1987
Year
1987
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,-- _ <br />must be effective at once to provide funds in order to adequately carry out <br />necessary municipal functions and to meet increasing operating costs and other <br />financial obligations of the City; wherefore, this ordinance shall be in full <br />force and effect immediately upon its passage and approval by the Mayor. <br />Passed , 1987 <br />Attest: <br />Clerk of Council <br />President of Council <br />Approved: 1987 <br />Mayor <br />Section 3. It is the desire of this Council that the ballots pre- <br />sented to the electors of the city of North Olmsted shall be in substantially <br />the following form: <br />PROPOSED INCREASE IN MUNICIPAL INCOME TAX RATE <br />A majority affirmative vote is necessary for passage. <br />Shall the ordinance (Ordinance No. 87-79) providing for a <br />one and one-half percent (1-1/2x) levy on income, which <br />constitutes an increase of one-half percent in the existing <br />income tax, effective January 1, 1988, for the purpose of <br />providing funds for general municipal functions, main- <br />tenance, new equipment, extension, enlargement and improve- <br />ment of municipal services and facilities, storm drainage <br />system and street system rehabilitation, reconstruction and <br />improvements and permanent improvements of the City of <br />North Olmsted, including the payment of principal of and <br />interest and any premium on general obligation bonds and <br />bond anticipation notes, be passed? <br />FOR THE INCOME TAX <br />AGAINST THE INCOME TAX <br />Section 4. The Clerk of Council be and hereby is directed to file a <br />certified copy of this resolution with the Board of Elections no later than <br />August 20, 1987. <br />Section 5. It is found and determined that all formal actions of <br />this Council concerning and relating to the adoption of this resolution were <br />taken in an open meeting of this Council, and that all deliberations of this <br />Council and of any of its committees that resulted in such formal action were <br />in meetings open to the public in compliance with the law. <br />- S - <br />
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