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June 25, 1)60, and shaLi -natlz:re un or bef'ore oric ?rear ?'rc?m saiu =?ate.
<br />;3ectijr. 1% Such n.ote slza ii be exe.cuted by the i?iayor anci by tht ?)s`
<br />Council and sha1l bear thc sea! o; the, corporatilor., shall bc- t,avable at Th?3
<br />1?a.tianal City f3Gnk of t,1ev4lanu, North 0lmsted office, PNiartr G',mstc;d, uha.c,
<br />and aha11 express upon i"s facc the purposefox w}sicii i+ is ? ssuc;d end t1^at ;..
<br />i.sautci pursuant ta tnis ur<:inance.
<br />Section 6. Aly c?uS@SS'?'.E'Tli'.3 COlleCtc;'a .i OY' t''i11E,-' pLlY'pO:i eS 2.f'Oi t.SezlCj , taY'"]C2 ;a;']s>
<br />,.inexpended balan.ce re.malning in the seTaer pianning fund ??fter the costs ar?ci
<br />expenses thereof rave peen paia, sha.il be applieil to the pdyment of aa.iu` not_
<br />a.nd the interest thereota until both arE f aily proviuea f oz,.
<br />Se-tior_ 7. S?abject to t'r?e re jection of said TiOtB by the office;r ?n c,harv°t
<br />af the City?s bonci retire.mert fu.nd, sa,id note shall bc and hereby is a6?aTue:ya
<br />and sold tJ 'I'he Natiord:i 'jity _R= nk of '"ileveland wt the par v?lue thereo?."; in„ tr ::
<br />City Auditor is hereb,y a,athorizGd and .lirected to deliver unid note, ttirnen exec
<br />to saic? purchaser upor. pa?rment c?f such ;uurchase ??rii;e C.ncl accrued interes? ?o u:?r
<br />da.te of delivery. 1?e 1..,roceeds of such aaie sha:Li re paid anto the proper ?"?znc
<br />dr.d used f'or the purpasa for irbieh sa1d note is being i_ssued lznder t'ne ;u?rowisior,
<br />cf this ordinance.
<br />?;ection H. aa.id nate sha:;"-' bQ the ful:L genera? abligation of 41-i-:e it'y o;
<br />ilorth 01.msted ana the fuil faitri, credit anci revenae of sai.d City urE here??v riledi -e,?
<br />fnr the prompt payment of the sa.Ene. The par v2,lue t-o be receiveci from the sal° c>_:
<br />the bonds anticipated by saiu note and a.ry excess f:ands resulting from the i3slz;;.r.<4c
<br />oi saici note shai.i to the GxtVnt ntc;;ssary be used onlY 1'or the retircment if
<br />TIGt',E; a,ti ,"'?ct,t.Ur'1ty, uJgef'vhG2' JdJ.vh 7..11teY'Eiat t1'.tl.'@On aI7(1 7.s }18CE:ibjT ;7if;ClrE.Ca fOY' 31_].C?'
<br />purpose.
<br />JBCt_I..JT: `,?. ITl t',r'..c: l;V@I1t, uC7c. G SL1CYi caSSG'SSiClei1t'iS a7 E' i1Jt iCV:1E;;,1` OT° "?J?°iii??., a?"t f?.+
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<br />issued to provide a t'ij-n(i for t-he paymen+., of said no+.,t at matlzrity, aE;er?erG?
<br />sha11 be levied against al1 :)F' the ??x°o_?erty in sa,iu ("ity for the payrmen.t o
<br />,nnd the interest tnereor_.
<br />, Ct] ?1? ? ;
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<br />SGCtiJ_021 I.Vs i?f,'.8 .i.at?iii J? .'.OUI7?,'i 1S 'lE.-'..r'i,by _i:Li GCLE(;U vt? f
<br />copy of thisordinance tt, the ;aol.<nt? :?,aditor.
<br />aectyon 11. Phis )rdina,ncc is hE?:•et-,,y dtclared i,;o 'oc? axi e:margene,:.,,easun:;
<br />r_ecess2sy f'or the i.z-ur?ad.]_atv prtservation of the publ?_c Ytealth, a&fe,y ar.d wc;yJ.,ir;:
<br />of said Citv and f or the _fart'zer re«su.i that the irnmedi.ate issua.ncE ar.;d salle :?f t, g:
<br />nate herein authorized i-s necessary ta pr-oviae fiznds esser_tial to prepare ?"or '?-?i-?-
<br />^:i11St'iT"•ZCt10I7 c3rid f1iT:8IlC1.;1,-? Of c'"I1LL111C1:jJcli SE'WeI'2.g8 SyStE.'1": l1I'oeY:j",lJr Y'@Cii1lY'E;!'.
<br />tect the health of th: inhabitants .z: 'Whc City; -vrh.ere:E'ore, this ordin-.nce 6r
<br />1Y1 f'.L.i.i1 G.r.'Cl? :?71U Ef'f C('t t t^ V7YI 1azC! 1_?121112d1at'.?EZV cl.f tE;'L' 1t'iti p'da:?i ;gE.-' `ciT1C:l ap7?r4?lP e-,I.
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