10
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<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
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