2541 Ordinance - Laserfiche WebLink

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interest as say be provided for in the resolution of Council approvix~ the a~rard the~~ef, principal and interest shall bs payable at the Bat- icaaa]. City Bamic of ~.evslaad, Ohio, Borth. Masted Breach, is the City of Borth Qlaated, tBzio' ~~i~ 3,~,• F©r the purpose of providia~ the aeceaaary feeds to pay the,~istereat-oa~the foregeiag iasme of beads . ly mhea amd ear the ease falls daa, sad also to previds a ftu~d aafficisat to discharge the said aerial bosda at aatarity, there ~hall.bs ar~d is hereby levied ~ all tasabls property im the C3.ty of Borth Qlasted, is additiea to all ether taxes, a direst tax aar~~nally dnriag the pert®d said bonds ors is ran, is an aae~st suffiEf eat to prsvids t"aada to .pay the iatereat np~em said beads as sad ~thea the acme- shall fa11 due, sad a].ao to provide a fm~d for the discharge of the priaeipal of said aerial bonds at at~t~M.ty~ tsb3.ish taac shall net be less than~the interest sad sinking famd taz rsgn#red by i~eetiea ]a of Article 7GII of the t~bastitutiea~~ Fr®vided, hcerever, that fa. sash year that the aaeessaaanta a~aticipated by said beads are payable sad are appliQa~ bls to the payasat of such interest sad principal sad ors apprepriatsd fmr such parpaae, the assent of such tax shall be redneed by the amat~at o f the asaeasaent s® appropriate Raid tae shall be sad is hereby ordered c®apated, certifiedr, levied and__sxteaded np®a the tax .duplicate sad c®llet~ted by the same officers, in the same aaaa~asr and at the seas tine that tax#a far general pes•s f®r each of said years are certified, sxtsaded sad c®llect. ~a~id tax shall bs pieced before sad is prefersncs t0 all ether items sad for the full amt th~reefr~ the Bads derived from acid taac levies hereby required shall. bs placed 3.a separate and distiatt fads, trhich~ together xith t~is interest c®llscted oa the 8aae, shall be irreve¢ably pledged for the payaeat of pr3.a•cipal sad. iatersat of said beads xh~ sad as the ease fall due,; !'he ~1.erk is heresy oatherised and directed to certify a~~a. ®rd~,naace to tb~e Auditor of ~yah©ga t~-~ty, ~hie~ according to lax.- _ i~hat all installasmts of said aaseasaents sad all portieas e~rss t -te~efiher Trith interest tisereon, shall be appl,~.ed to the paya~tt ®f said. bonds ..sad iatarsat as .the ague s]`all bs~rs due and' to ao ©ther purpose xhats0svsr~° Ia the avast that the t et beads required to bs issasd f®r said iap~reveasnt shall be redussd by the sash payteat by the property eNne-ra is accordance xth the e ~ iaaiid i~ the asasaaiag ordiaaaas, arch reduction shall be accae~ird 1-y reducing all of the aerial boada hereinabave provided for ao as t® retain aubatan- tially equal aaaa~aal. aat~arities. e !hs E~t.erk f s ~rereby directed tc~ have said beads and coupoaa pr~-per ~-parepared grad executed, to sell the seas and t® dspaait the proceeds is tie ~.t Breasury t® the cred3.t of the mad. Sid~ralk Iap~eve~sat Pend . - 1~Q4.;, Cb]~bia Rvad Bidens~k evea~t - ~17,93®•~ k ~aad flat Ia ovea}ent - ~11~, ~'. B~a~dley Read ~Tater Zaprovea • t .1~~:.- 1~,;, and ~ths Beanedy 8i~a l~tsr Ia~.exeae~tt : fiend - ~,00, • for the purpose of paTiae t,.hs cost at said iapreveae~tts not heretefere provided to be paid by said City sad for xhich pmrpoas said aansy is hereby appropriated. i~at said boada shall bs first offered at par sad. accrued ere t®-the Yreasurer sad Officer is charge ®f the 9i-~as d add and if Bald 'lreasarer or 0fficar ref~sa to take ~' or al], ®f si3. be~da, then paid bnada a~-t s® ~-ksa shall be advertia~l for public sale: and se]~ in the canner provi dad by lair but for mot ins s than the • value sad accraed iatereat ~~ Bhat this ®rdinaace is hereby declared to bs as esergsacy ~ ~s~-t s..emer enay being that it is asceeaary for the ia~- aediate preaervatiea of pub~c health, pease, safety sad ~r+elfare sad to provide for the sale of beads, the proceeds ®f jrhi.ch shall bs need for the payment of a®tea heretofore issued, sad that this erdwiaant:s be pasas~U - ~ y