Laserfiche WebLink
sha11 bear interest at the rate of three per centtxs per ??num, <br />payabl? ?emi-?aanually on the first d.ays of April and October of <br />eacia ???r and for wh#.ch the proper interest ca??ons b??ring a <br />facsimile of the signature of the C1.ark 3hali be attache€i to and <br />ID;ade a paa"t of sa3.d band8j pro4ided, h4weveT, that if sais3 bonds <br />are sold be??rirg a different rate of inter??? than t:.ereinbefare <br />spgeifitdp such bonds sha11 bear saach rate of interest as may be <br />prc,vided for im the resolution of council apprvving the award <br />thereof. Principz4,1 and interest sha1l be payable at th? ???k of <br />Ahea Company3 North (JImstecz Branch, ira th? Vi1lage of Bcartb: U3.asted., <br />Ohi?..o. <br />Bect1.ou B. Fcar the purpcase of praviding the necessary <br />funds tO pgy the interest on the tca??going issue of bonds prompt1? <br />whea and as ?he same t`a3ls dueoand a1so tc provide a ftnd suff3- <br />clent to dise????? the said serial bands at m?turitp$ tb:ere shall <br />b+? and is here'by 1evied on al1 taxab3e prcaperty in the V#.llage of <br />Srlrtbh O3.usted: i? ?ddition ?o al1 other taxes, a €iirect ??x annua13.y <br />during the psriod said bond.s are to run, 1n an amQuat sut'ficient to <br />pravide fvnds tca psg the interest upan said bond? ?s and when the <br />sam? sha3.l fall due, and a2.so to prcavide a fAmd fQr the d.ischarge <br />of t?? principai of said serial bands a'? ?aturityt whick? tax shall <br />not be iess th? the interest and sinking fund tax r?uired by <br />S4?.Crt"riG'n 11 of '?r'?"eicle XII of the C[71'3sti'ti"1i1tiotl+? PrF3''IP"id$d, hfl16T13veI'> <br />th$t ill each yeaT that th6 as8essments aIIti?ip$ted by ffiaid bond$ <br />ere payable and are applicable to th? payment of such inter??t and <br />prSncipal and are appropriated fc,r such purpase, t?e afficrunt of <br />such tax sha1l be res..?.uced by the amr?unt of the assessment so <br />agpropriated* <br />Said tax sha1l be and isbbreby vrd+??ed computed,, corti- <br />fied$ levied aad extended upon the tax duplica?e and collscted <br />by the same officers, in the ?ame mameae and at th+e same time <br />that taxes fvr general purposes far each of said years are certi- <br />fied, e??ended and co1.lected. Saia ta? shal1 be placed before <br />and in pref'erence 'Gp a11 other it??s and for the fu21 amovnt