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953 Ordinance
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953 Ordinance
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Last modified
1/14/2014 2:27:39 PM
Creation date
1/2/2014 6:02:03 AM
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North Olmsted Legislation
Legislation Number
953
Legislation Date
3/18/1952
Year
1952
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shall bear Lo'?ereat a'? ?e ra'?? of three per con$um per ??? <br />??yabl? soul-annual3.y on the fir?? days o.? Apri1 and October Of <br />??ch year and ??? ??ch °t?? propex itatex??? co????? ????ng a <br />facsimi,?? of Uho si g.zatuz? of the Auditor shA1l be ??ta+???? ?o and <br />mad* ? part of said b????? provid+.?, howover, that If said ????? <br />?e oo1? ?ari?? ? different ra1?? of intor??? ?? ?erainbef?? <br />???cifi? ? such b???? ??all bear suth r,?te of in°?????? ?s ma? bo <br />provi??d for in the a??????ion of ?uncil approving th+? awar+d <br />thorecrf; Pa???cipal and ??????st sha1l be payable at Lhe ????onal <br />City 3ank of ???velaa,d, Narth Olmsted Braz???? ?? ??? City of <br />????? Ol?sted# ?hio. <br />?? jx Ar th+? purpo?? of ???vidi? ??? ?cessary <br />funds to pay the interest on th e for???g i?sus af bonds pr ptly <br />when a;? ?? ??m same fa3.1s due, . al?? ?? provid+? ? ??? ?uffi•? <br />tiont to disahaarge the i?aid ?????l boado at matux•ity, th+?? oba13, <br />?? anA is hereb? ?evied on all tazab3.e prs????ty in the City of <br />North jlm4et??, i? additi?? ?o all other taxes, a c????? ?ax annual.?? <br />??????? ??? ????? ??? ???? ??? ?? ?? ? ? ?? ??? ????????? ?? <br />???ovide .??? ? ???? ??? ?????? ???? id ??? ?? ??? ??? ??? <br />?? sha1l fall due, and a1so to pr+c???e a fund for ?hat disc?ha??? <br />?? the pr:?????? of said serf.al ??s a? ?turity* which ? shall. <br />z??? ?e lots than the interest and sinki?? fund, tax requi.?d bby <br />,?:ection 11 of Artic,?? 111 of ?? Co??????tion. ????vided, howovwr, <br />that in ea+?h y?? ????? ??? ????????s an,??cipated by said Baods <br />ar?? pa??ble a?? ?? ??pli??ble to the paym+?t of su?b interest ??d <br />p?inc??? and are a"???????ed tor suOh purpos+?? ? ?h* amount or <br />?uch tr? ?????l bo r????ed by the anount at the assessme?? ? <br />?????ro????ted. <br />SaIA tox shall be and Is hereby +??ered e?mputod,? ae?ti- <br />"+?? s 10viOc? ??? ??t*ndtd U?? the tax dupli????? ?? ?olle+??ed, <br />by ??? ? ? officsers$ 1? ??? ??? ?anner and ?? ??? ? ?im? <br />???? taxos for ???eral purpoo+?o for ch +?? ?id y??? are corti- <br />tied, extended and eo1locted. 6ai? taz ???ll b? pla?? botoro <br />anA In preformaeo to all ?ther i ? and for the .?ll amount
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