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10 <br />. <br /> <br />Section 3,o Said bonds ahsll. be executed by the A9ayor arui I7lrector of F3nazaee, <br />one of wrhaffie eignst-ares ma,y be e facsimile, and shall bear the aorpcsz°eita seal of se?id <br />Citys Intercet coupans ettac2ed to said bonds abeill bear the faeeimile signataire of <br />the Darector of Finance printad or lithographed thexeona 'Ihey ghall be designateai <br />"?exrt:.r ?roveraent Asaesamez?t Bonds°' arrd xhal? be paynblc in 1a`rffu.l monegr of the <br />Uzited ;;tetee oP America at thG mein office af The Nationa+.l City Bank of Clevelazad, <br />Clevel.ard, :?)tl:io. <br />Section 4. Fbr tt:e pcz.rpoae of providing tine necesaary furids tc pay tlae imter*s°t <br />orz +he foregoing i ssue ot" bonds prtampt:y vhen and ae the saffie falls due, and nlso to <br />provi3e s Pund suff'-:.cier.t. +n diechargt the asid ?erial bonds at matu:rity, there ahall <br />be ana is hereby ].evi,eca on e.li taxable property i,n the City oP Aorth O1.matod, in <br />aaidi?;ion ':;a rall other raice$ a direct; tax annuall.y during tha period seieL bonds are <br />tc+ run in an amouazt aut'fie:3ent to provide f'unis to pey the interest upon said bc>ndz <br />aa aa1d wnen the aame fel.a.s d.ue, end aiso -"-.a prc,v#.de afaand ior tbe dieckaarge or the <br />prinr.ipal of asid serta:l bonds st maturity, Whicb tax ahal.l nat be lesa than <br />the intereat and siiikxng :"und tax required by :;ection 11 of Articl.e XI2 0f the <br />Canstitution of Qhio. Yrovided, hovever, tr.et in each year t;hat the aaseasments <br />antic.ipeted by sa:.d bonds are aveileble 2'or the payment of such bonds erci are <br />sppropriated Por such purpose, the azaount of such tax ahall be red.uced by the <br />amount oP the asaesement so approprimteci. <br />Sect,ion }. ;,aid tax sha'Ll be eeud is hereby ordered compnated, cert;.fied, levied <br />end. extenried ugon v'rae i.ax dupliGatc and collected by the satae officars, in whe aame <br />manner and at tne same time that uaxes for general purpoees for each af said years az•e <br />certif ied, exte„ded and :;o11eeted. Said tax shall be placed before nnd in preference <br />?t4 all other items and Por the fu1.1 amount tbereaf. The funds derived from aaid tax <br />].evies hereby requiz"ed. shell be placed in a atelaerate and distincz fund, which together <br />wi?h the interest cctLlec'..ed e?n the same shm?li be irrevACably pl.edged foz° the payment <br />of the interest ax?.d pz°incipe 1 of said 'heerzds rerhen ar.Ki as the sane fnll clue. <br />Sect:ora b. i'Yiat ai? inAtalimer:ts oP said assegsments and all portiona i;}ex°eaf, <br />°,oge±Yaer with interiest "„hF•reor,. ahall be epplied to the peky°ment og saici bonds end <br />in.*,a.°?.;? ?s i.he ?;a:? becomr due an?i. for nn a?her purpose :rhatsaeve.r°. <br />Sc:ction ;, vai ; bonds stia1' ne fxrst rafl'ere3 at pnx aru,? accrtaed intere$t <br />cY.arge uf thP 'Bo:ui Taetirement P'und in hi s offieia1 capacity, <br />naa sa -? or'fi?? - r-q?fvses "..o take F.b•,• ox a1Z of aeid bonsis, then ssid bonds <br />nc:a; sc) :nkc:n r:h:ai1 be :,dtiN;°t ised f'car pub.iic aa1_e tgnd sold in the manner pravides3 <br />uY ? ?» o '!':?e pro: Fea; fr;)m i,tae- saZe ,.xf ssid bor.ds, exceFt the :^remiirm and accrued <br />irite;^e^L, fn,, fjtt, ps1rpCSf' nfC)1"@s9iu a%1(i fOT PO c7tt]e2` ptlpj)pt36 aX1Ci <br />1;e x?'.:?caa?.ect vc irta,Drovem-t.", t;erein dercrjbed. <br />? i:lE' F:Z1+?.° E3CCTlleu i'e1'..f CHRt : t'C:e1iYeC7. f; o31 $11Ctd S?1e $t2l3l1 be tr <br />:.?:? Fur«i t? be ePp" iAu ; o t.s'Ie ?yment of the pr.?:ac?xlandi'err?a <br />id f-)ri&q, ;.. ttle manL:?:.dr nrr,v:dPd ny lav. <br />f-" ; ,, - ? rt?" `'.Ie?°k v'' ?ia;zncil ;5 r .,ereby au;harized and aire?(°ted ?c? t:er?:if y <br />?. _ ? ..._ rA ,; ;-,.?z _ tf?? ..:-11tor• c,f` ?'3awrahn?a r'ountv <br />,