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V ! <br />33 <br />? <br />oxDIrrANcE No. 1919 <br />BY; MR. SCUTT AN ORTJItdANCk: Ta PROVIDE FpR THE <br />ISSUAIdCE OF BM S IN hNTICIF'A- <br />TIDN QF THE CC?L,LFCTIt}DI tJF SpECIAL <br />ASSE55,NTS F0R THE Z(PROVEMENT <br />0F POftTER RCSAU F'R4M LORAIN ROAD <br />TO THE NaRTH LINE OF TI^iE 3. S. ` <br />SCHERRER PRC?PER2Y BF CQA3STRUC- <br />TION OF A WATER MA.IN. <br />BE IT ORDAINED $Y THE CQtJNGSL 0F THE CITY OF NORTH OMSTED, <br />STATE OF QHSO: <br />Section 1. That for the purpose af raising money in anti- <br />cigdtion af the collection of special assessmenta for the imprmve- <br />ment of Porter Road, from Lorain Ftc>ad to the north l.ine of the <br />S. S. Scnerrer I'roperty by construction of aWater Main, in ac«» <br />cardance with Ordi.nance No. $22, passed on t hs 6th dap of June, <br />1950, bonds aF the C ity of North Olmsted,Ohio , shall be issued <br />to the amount of W,740«40 to pay a nc?te previaus3.y issued and <br />is now due and payalale. <br />Section 2. Said boflds sha].1 be signed by the Mayor and <br />Clerk, bear date af January l, 1952, and shall be numbered and be <br />due payable as foll.ows : <br />D6LLe of Xat )Arity iiuabea^s Am?QUn?t <br />October 1, 1953 1 Inclusixe ?700.0(} <br />October a., 1954 2 `t $a.,ooo 'ao <br />October 11 1955 3 " tl t000 oQQ <br />October 10 1956 4 ?t ?1,aao.oa <br />October 11 1957 5 't $1,040.04 <br />October l, 1958 6 f,i,ooo .00 <br />October 10 1959 7 & $ f? $21000.00 <br />October 1, 1964 9 & 14 " $2,DOa.t}0 <br />October 1, 1961 11 & 12 $20040.00 <br />October i, 1962 13 & 14 " $2 jflOQ #C?4 <br />J:t is hereby determinetl that the abcrve maturities are in <br />substa.ntia11y equal annual 3.nstallments. <br />Said banda shall be of the denramination of $1,000.04 each f <br />except BQnd Na, 1, which shall be in the denamination of $700.00;