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riLSOLli`.CION iaO. ~~°~ BY: %~~~ A RLSGLUTIOiV DECLARIVG ~TtiE A'~iOUuT Ol{' TAXiS TriArl' i~IAY t3E Ra1SED BY LEVY AT 3'HE 11.i~~JlUli R~~rl'r; AUTHORIZED BY 'LA`uJ 6VITHOUT A VOTE 0r' THE ELECTORS TO BE li`1SU~"Ii~'ICIEI~T :~1D DEC1..,A1~,- ING THE i~ECESSITY OF A LEVY IId EXCESS Oi SUCH RATE . .,~~ BE IT RESO1~VEli by the Council of the City of North Olmsted, State of Ohio, two-thirds of all members elected thereto concurring: SECTIOi~3 1. That the amount of taxes that may be raised by the levy of taxes at the maximum rate authorized by Section 5625-2 of the General Code on the taxable property in the City of Forth Olmsted will be insufficient to provide adequate amount for the necessary require- ments of said City and that it is necessary for the purpose of provid- ing additional funds for recreational purposes that taxes be levied on the taxable property in said City for the period of three pears at a rate in excess of such maximum rate authorized by Section 5625-2 of the General Code . Said levy is a renewaJ_ of an existing levy expiring; ,r<rlth the year 1952. SECTION 2. That it is necessary to levy taxes for the years 1953, 1954 and 1955 at the rate for each year of five-tenths of a mill on each dollar of the tax valuation, which amounts to five cents (5~} for each one hundred dollars (~~100.00) of valuation of the taxable property within the City of 'lorth Olmsted in excess of the rate author- ized by said Section 5625-2 oi' the General Code. SECTIOI~i 3. That said proposed renewal of tax: levy shall be submitted to the Electors of the City of North Olmsted, Ohio, at the next General Election to be held on 1'~ovember ~., 1952 in the said City, and the Clerk of this Council be and he is hereby directed to certify a copy of this Resolution to the Deputy State Supervisors and Inspect- ors of Elections of Cuyahoga County, Ohio, in order that said Super- visors and Inspectors of Elections may make the necessary arrangements for the submission of such question to the Electors of said City, and all of which they are hereby respectfully directed to do. SECTION 4. That the form of ballot to be submitted to the Electors of the City of Tlorth Olmsted, Ohio, at said next General Election on i~ovember 4, 1952 for said ~en~wal of tax levy shall be substantially as follows: PRO POSED RE~E'v'~AL Ur' TAX LEVY A ~ixt~ Per cent Affirmative 'J~ote is Required for Passage CITY ON` iVORTH OL~STE11, OHIO A renewal of a tax levy for the benefit of the City of North Olmsted, Ohio, for recreational purposes at a rate not exceeding five-tenths of a mill for each dollar of valuation, which amounts to five cents (5¢} for each one hundred dollars (~~100.00) of valuation, for each of the years 1953, 1954 and 1955. . k,OR RLidEtivAL Or' TAX LEVY AGAINST REi~1EduAL OF TAX LE&Y