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61-004 Resolution
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61-004 Resolution
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2/3/2014 10:11:53 AM
Creation date
1/27/2014 10:59:32 AM
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North Olmsted Legislation
Legislation Number
61-004
Legislation Date
1/3/1961
Year
1961
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Section 6. That bonds of the City shall be issued in anticipation of the <br />collection of assessments by installments and in an amount equal thereto and <br />notes of said City shall be issued in anticipation of the issue of such bonds <br />and the levy of such assessments. <br />Section 7. That the remainder of the cost of sffi.d improvement, after allocation <br />of other City funds available therefor, and after application of the assessments <br />herein provided, together with cost of any real estate or interest therein purchased <br />or appropriated, the costs and expenses of ax~y appropriation proceeding therefor, <br />and damages awarded arty owner of adjoining lands frith interes~;thereon, together <br />with the costs and expenses of ax~y such award, shall. be paid by the issuance of <br />bonds in the manner provided by law. <br />Section 8. This resolution is hereby declared to be an emergency measure <br />necessary for the immediate preservation of the public peace, health and sffety <br />of said City, and for the further reason that the imanediate construction of <br />said improvement is necessary to protect the health of the inhabitants of the <br />City; wherefore, this resolution shall be in fu11 force and effect from and <br />immediately after its passage and appro~ <br />'` <br />Passed ,'~~~-?~~''~`` ~ ~ ~, 19 6 <br />~;'°, ~ __ <br />Approved <br />`~ ~ 19~ <br />J 4 <br />-~ <br />
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