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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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R/hii¢ eWlr?* Tii,? ?undsi3,eri1?eM !firraYSaR s?fYiL?? ?? le1Fies i+4ereby 4 eqM+IMreM? ? <br />?hall be placed i? a separate and di?tin?? ?? ? ??ch$ togethor <br />wit? ??te??? ?oll???ed on the e shall be irrevocably <br />plad;ged for '?o payment of pr???ipal and iAtex??t of udd bonda <br />??? ??? ?? ??? $40le full due , <br />§ggliga iw. The Auditor in hereby authar??od and <br />dirocted to certify a copy c?? ?his ord3n+??? ?o tho Auditc,r of <br />Cuyahog,? ?????? Ohio, ????rding to law* <br />? jga 1,4 That u1l Instal:iments of said a„sse?????? ar <br />,dt <br />a11 portion? theareof,, together ?lth interest t?°,erear? ? ?hall bo <br />a?pliod ta the p? ??? of said bonds and tnterest as tlt? ??? <br />sha11 be+???e du+? ?nd to n+? ??er Przrpose w1°atsoever. In th+? <br />e'vent t;??? ??e amount c?f bonds requir?d to be issued ror said <br />i???o'voment sh&11 be areduced b? ??e c??h payment by the propoa?ty <br />own+??s iA accord??? with the option included in the ass,??sin& <br />cardin=08, ???? ?du?tic?? ??all b? ???omplished by reducir? ?? <br />of the serial b?nds herrainabove provl??d for so as to retaia <br />sub????ial1y +equal annuul turit3es, <br />.???.??„??. T.?? Au?itoar is hex+??? directed to have said <br />bonc?? ?? ??upoxis prc??erly ;p???d aad "souted . to sel1 the <br />same and to dopCasit the p??????s in the Gity Treasuary to Ue <br />credit o;? tho Waltor Roac? ?ater Imparovement iund N+?? 2 for the <br />purposo o.? ??iAg the cost of said improvoment not heret+??ore <br />?????ed to 3e ???d b? said Ci?y and .??r whi?h puarpos+? said <br />?oney is hereby appropriated, <br />?aV.g?'.&2r, That wdt3 Bond? ??tall ?e fir?t offorer? ?? <br />par and at?crued interest to ttis Treasurer and. Offia+?r In charge <br />o,? ?? ???king Fuund aind ?f said Treasurer or Officer r?t?se,? ? <br />???? ?? ?? ??l of said Bonds thon said Bonda ?? ?o takon shall <br />be adrr??tised far public sa1o and sold 3?? th+? nner pr?ovic??? by <br />law b?t for not ].ess thaza the par valu? ?? ???rued iAtereete
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