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Date gf ~aturit
<br />Recember 1, 1959
<br />December 1, 1960
<br />Hecember 1, 1961
<br />December 1, 1962
<br />~ssosber 1, 1963
<br />0ea~ber 1, 1961,
<br />~ecsmber 1, 1965
<br />0ec~bsr 1, 1966
<br />Hecember 1, 1967
<br />December 1, 196$
<br /> ~Tbers
<br />
<br />1 to 11 IIIClusive
<br />12 to 22
<br />23 t4 33
<br />34 to ~
<br />~+5 to 55
<br />56 to 66
<br />67 to 7~
<br />79 to 90
<br />9~. to lez
<br />1,03 t® ll~.
<br />Amount
<br />1~,3AO.OA
<br />11,000.0A
<br />11,000.00
<br />11,®E~.O~i
<br />11,0.04
<br />11, E~04.00
<br />12,AQO.AO
<br />12,Q40.
<br />12, 000.f~1
<br />12,00x.00
<br />It is h®reby determined that the ab®ve aaturitios are in sub-
<br />stantially.equal xenon]. installments.
<br />Said bonds shall be of the .denomination of $x.,004.04 each, as~opt
<br />bond ~®~ l..which Shall be in the deaomimatioa of ~1,3c~.~; .shall bear in-
<br />terest at the rate of four per centum per ann~t, payable semi.-annually oa:
<br />the first days of dune amd Hocember ®f each year, beginning dome 1, 195$,
<br />and for which the proper interest eonpoas bearint a facsimile of the sig~t-
<br />ture of the Audit®r shall. ba attached tc- and made a part of said bands;
<br />provided, hm~tever, that if said bonds are sold bear a different rate of
<br />interest than hereinbefm~re specified, such bonds shah bear such rate mf
<br />interest as say ba pravidmd for in the resolution ®f Couneil ag~prsving the
<br />award thereef.` Pri mcipal a~xl. interest shall be payable at The gational Q3.ty
<br />Farik ®f ~l.eveland, Ohio, North 0]aasted Eranch, in the City of Dterth Olmsted
<br />phi®°
<br />~.
<br />~,;~...
<br />6s The C3.erk is hereby directed to have said bands and
<br />coupons proper.y-~-Fepared amt assented, to sell the sass and to deposit the
<br />proceeds in tie Cit Treasury to the credit of the Ri®~al Sf.dewalk
<br />Tsiproresaat Fend - ~39 294.'x„ Columbia Rand. Sid prsvemsat Fund -
<br />~15 , ;; Hrdakpork ~oad l~ator IxpravaR,ant ~ndm~~~~1..3 5A000 ~, Bradleyy
<br />8oad ltatar Im rovement Fund _- X11, 75®• ;; and .the ginna~.y Ridge t~fater Im-
<br />pr®ve~tent F - ~3~.,054.t~A, for the purpose of paying the .cost ®f said
<br />improvements n~-t heretofore provided to be paid by said City and far which
<br />purpose said m+~ney is here~t appropriated:
<br />zs That Sections 1, 2 and 6 of Ordinance Ito. 251. passed
<br />August 2a,, -as-amended by grdinance Ro;25~7 passed September 17, 1957,
<br />shall be and the ease are hereby repealed.
<br />~~~~ That the Clerk is hereby auth®rissd and directed to
<br />certify a sops' ~o - s ordinance to the Auditor of Eyah®ga County, trio,
<br />according to lax.
<br />c o Ttcis ®rdinance is hereby declared to be an esergeacy
<br />measure seQa~a~r -for th• preservatian of the public peace, welfare anfor
<br />safety of this ttity, and far the further reasas that the notes issued
<br />these street 3spreveaaents have matured ®r are about to nature and lust be
<br />retired with the proceeds mf the bands autharisod herein t® prc®rteet the
<br />credit of tl~e City; wherefore, this ordinance shall take effect and be in
<br />fore immediately upon its passage and appr©val by the playas.
<br />PASSRR~: Septesber .~ 3 , 1957•..
<br />A~rs3~
<br />}
<br />f . e . .m - e ®~rt ~~ ~ - a er . ~s ant
<br />of ,C®unc~.l,°
<br />APPS::
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