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, - ? <br />CITY OF NORTFt OIM6TID <br />R830LZ3TIoti No. 64-_M <br />By: <br />A RBSOLtJTION AMSNDING RB30WTION N0. 64-163 <br />B[IACTSD July 14, 19t64 IMITLED "A RB30LLTPION <br />DMCIJ?RIIiG 'I'HE NECE33ITY P"OR AN ADDITIONAL <br />TAX LBVY FOQ PROVIDIPIG FOR CAPITAL IMPROVTMETT3 i„ <br />AND 3ITE PURCHASB FOR MREATIONAL PURPOSfiS" .,' <br />AND DBCLARII3G AN BMERGEMY. <br />B$ IT RESOLVED by the Council of the City of North Olmsted, Stata <br />of Ohio: <br />3setion 1: That Section 1 of Rssolution No. 64-163 <br />enacted July 14, 1964 reading aa follows: <br />"3ection 1: It ia hereby found and declared that the <br />amount of taxea which may be raised by the City of North Olmeted, <br />Cuyahoga County, Ohio, by levies at the maximum ratea within the <br />ten mill limitation ort the current tax liet and duplicate will be <br />ineufficient to provide an adequate amount for the necessary ' <br />requirements of thia City, and it ia neceasary to levy a tax in <br />excsss of auch limitation for capital improvaments and aite pur- <br />chase for recreational purpoees at the rate of five-tenths Qilla <br />(.5 mills) for a period of five yeare." <br />be and ia hereby amended to read as follows: <br />Section 1, It i4 hereby found and declared that the <br />amount of taxea wXich uay be raiaed by the City of North Olaieted, <br />Cuyahoga County, Ohio, by leviee at the maximum, ratea within the <br />ten mill limitation on the current tax list and duplicate will be <br />insufficient to provide an adequate amount for the necessary <br />Peqnirementa of thia City, and it ia necessary to levy a tax in <br />exceas of such limitation for recreational purposea at the rate of <br />five-tenth, mills (.5 mills) for a period of five years. <br />and that Section 3 of Reaolution No. 64-163 enacted July 14, 1964 ' <br />readdi?g sa follows: <br />"Section 3. That the form of ballots to be caat at such <br />election ahall be as follows: <br />A majority affirmative vote is neceseary for paasage. <br />An additional tax for the benef it of the Cfty of North <br />Olmated for capital'improvemente and aite purchase fos recreational <br />purposea at a rate not exceeding f ive-tentha mills (.5 milla) for <br />each ddlar of valuation, Which amounts to fizt cente (50) for each <br />one hundred dollara of valuation for five (5) ysars. <br />, FOR THE TAX LEVY . <br />• . AGAINST THE TAX LEVY . <br />be and ia hereby asended to read as follows: