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957 Ordinance
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957 Ordinance
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Last modified
1/14/2014 2:27:38 PM
Creation date
1/2/2014 6:01:08 AM
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North Olmsted Legislation
Legislation Number
957
Legislation Date
4/15/1952
Year
1952
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OB11)INANCE Na. 9q-1 <br />AN tJRT?Ib?A?3CE T(? Pi?C?'?II3?; ?"dR THE <br />Aw ?Y: IssUANCE OF 8014DS IN ANTICIPATI9N <br />OF THE COLLECTTUN C?F SFECIAL <br />ASSESSMENTa k"OR THE LMPROVENIEN'T <br />iJF DOVER GENT"EIi ROAD FRflM BU2fi`FR«- <br />Nt1 T R, IDGE ROAD To LORA IN ROA.D $Y <br />COIv`STRt3GTTNG A CC?NGFETE WALK C3N <br />TNE WESTERLY SIDE OF SAID DOYER <br />CENTEft RC1AD. <br />BE TT Ut+.LiAIALT.?' BY THE tJtJUNCIL O?'+' 'I.'HE GITY t3F i3C3RTk3 OLMSTET), <br />aTA'?? OF URIfl : <br />Se?tion 1. That t'or the purpase of raisang money in antici- <br />patiQn of the collectian of sFecial assessments fQr the impravement <br />Qf Dover Center Road fram Butternut Riage Road to Lorain Road by <br />canstructing a concrete walk on the Westerly side, in accordance <br />with Ordi.nance No. $67, passed Qn the 6th day caf February, 1951, <br />bonds of the City of North Olmstea, Ohio, shall be issued to the <br />amount of A,?"4,309.05 to Pay a note previously issued and is naw due <br />and paydble. <br />Sect3.on 2. 3aid bonds shall be s3.gned by the ifiayor and <br />Auditor, bear date of April 1, 1952, and shall be numbered aad be <br />due and payable as fo3.lows: <br />Datt. af ??8& UE1.?2 ,?,?,?,um,?? ?? <br />October 1, 1953 1 ? 30 9,0 5 <br />October l, 1954 2 1,400.00 <br />October l, 1955 3 1,000.00 <br />October 1, 1956 4 19000.00 <br />OCtObE.'Z' 11 1957 5 1y{)00r0Q <br />It is hereby deterrnined that the abave maturitiss are in sub- <br />staatially equal annua1 installments. <br />Said bonds shall be af the denomi.nation of $1,000.00 each, <br />except Band Nb. 1 whf.ch sha1l be 3.n the denaminat3.an af t",?09•05, <br />shall bear 3.nterest at the rate 4f three per centum per annum, gay- <br />able ?emi,-annually an the first days of April and October of each <br />year and for which the proper interest caupon?s beari,ng a faGsim.ile <br />of the signature of the Aucl3.tcar shall be attaehed tb arsd made a <br />r
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