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832 Ordinance
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832 Ordinance
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Last modified
1/14/2014 2:28:00 PM
Creation date
1/2/2014 10:25:36 AM
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North Olmsted Legislation
Legislation Number
832
Legislation Date
7/18/1950
Year
1950
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Ordinana• Na. $32 <br />? By Mr. Kramer <br />? AN 0aDINANC.S <br />'t"0 PRt}VSDE FpR THr. I33UANCFy OF BOND3 Ibt ANTICIPATIC7ti OF 'rjir? <br />C(3 aG"TION OF :iPECIAL ASSESSP-iT3 FUIt THS IAPFt4$OiTS H&= AiAME?. <br />HE, IT QRDAIA11!::D by the (:otlqcil of the Vi3l.age of North <br />Olmted, State of Ohia t <br />Sectian 1. That fflr the gnrpose of raising maney in <br />anticipstion of the c:olleetion of speciAl assessments for the <br />. imra-euaeut of FRANK AV& {', its entire length, and MARI:ON ROADj <br />f ram Ciage:a Road to ?vest 230th Street,, and WS3T 230TH STA&'Ti frbm <br />the north Village li,ne ta C1ia"ford Drive, br surtac3ng same vf.th <br />bitwmirkow macadaffip iti aeac?rdazcre wi.th Qrd3,rtar3ces Nos. 745 and 746t <br />respeetively, passed on the 7th daq of geptsmber# 19480 bands of the <br />9illage of Atstarth Olmsteds, ahiop shall be isbtued to the amEruUt of <br />$x3j,g5?.C?7 ta pay a nots previauslJr iesued and about to rnature. <br />Section 2. Sa3d bonds shall be s3.gned by tne Mac?r and <br />Cl.erks, bear date of itugnst I, 19g0i and shall be nmmbered and be <br />due and payab? e aB fallcwa t <br />2Ug. of.L ? <br />?rY .. A?t.?tfis <br />October lj 1952 1 $850.0G <br />October 1p 1953 2 1004.00 <br />OctoToer 1, 1954 3& k ina. 2000.00 <br />oetaber l, 1955 5 1000.00 <br />oatober 1, 1956 6 &7 ina. 2000.00 <br />Oatober ]., 1957 8 1000.00 <br />Oetpber 1, 1958 9 1000.0E3 <br />Octnber I, 1959 10 & lI inc. 2DUp.00 <br />October l, 1960 12 1E00.00 <br />Uatober 1, 1961 13 & ]J+ inc. ?-? <br /># 23"r50M W <br />It is herehy determixied that the above mattritias are i.tt <br />substantially equal annual installiaeeats. <br />Satd bands shall be of the denomiriation of $IIXX},00 each, <br />eaccept Bond Nc. 2wh3,ch shaI], be in the demmtnation of $$Sp.pQ; <br />sha11 be,ar interest at the rate of three per centum per anntzm,,
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