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RESOLUTION NO « ,Z 3 z BY : Mr. J A RBS+QI.UTIO N DECLA~ THAT .I~kY BE RASE RATE AUTHOH.IZ$D . $Y T~iE E~.ECTO$3 Tf? I3E THE H'SG'ES3ITY OF A RATE. SING THE. AMOUNT OF TAXES EY I~E@'Y AT THE. 1~A7CI L~iT I~ITHOUT A ~'0~'E Off'' I~iSUFF'ICIEHT .AND ~C'LAxING LEVY Tit EXCESS OF SUCH BE IT RESOLV&D BY THE COUNCIL OF THE CITY OF NORTH OLMS.TEI~, STATE OF OHIO, two-thirds of all members elected thereto concurriag« ~tic~n,,,,].~ :ghat the mount of taxes. that ray be raised by the levy @ Lazes-at the maaciffium rate authorized by Section 5708.02 of the devised Statutes of Ohio on the taxable property in the City of ~ierth Olmsted xill be insufficient to provide adequate auount for the aece~sary requres~euts .of said City and that. it is necessary for the purpa~.® cf providi< additional funds for recreational purposes that-taxes be levied on the t~,aable property in said City for the period of five years at a. rate in excess of such mazi.mt~m rate authorised by Section 5705..02 of the 8evised Statutes of Ohio.` coon That it is necessary to levy taxes for the years 1957. 195~~ ~ and 1961 (tax years 1956 1 57, 195$, 1959 and 19603 at the rate for each year of five-tenths ~.5~ of a mill on each dollar of the tax val Lion which amounts to five.-.cents (5¢) for each une h~-dred dollars (1004t~} of valuation of the taacable property within the City of North Olmsted in~excess of the rate authorized by Section 5705..02 of the Revised Statutes of Ohim, which is a renewal of the present levy to .the extent of thirty-five hundredths (.35). of a mill and ate: increase c-f fifteen hundredths (.15) of a mill to cmr~titute a tax of five-tenths (5) of a mill to run for five years. S.~s. That said proposed tax levy shall be submitted to the Electors o~ t e-City of North Olmsted, Ohio, at the next General Election to be held on Noveffiber 6, 1956 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®rs of Elections of Cuyahoga County, Ohio, in order that said Supervisors and Inspectors of Elections may make the necessary arrangeffieuts for the submission of such question to the Electors of said City, and all of which they are hereby respectfully directed to do Section That the form of Ballot to be submitted to the Electors o~"~e ity of North Olmsted, Ohio,. at said neat General Election on November 6, 1956, shall read substantially as follows: A: Sixty Percent Affirmative Yote is Required for Passage CITY OF NORTH OLNISTED, OHIO A. renewal of thirty-five hundredths (.3 5) of a mill. a r~ci an increase of fifteen htagdredths (15) of a mill to constitute a tax for the be fit of the City of North Olmsted for the purpose of providing farads for recreational purposes at a rate not exceeding five-tenths (.5) of a. mill for each dollar of valuation, which amounts to five cents (5~} for each one hundred dollars ($100.00) of valuation, for each of the years 1957, 195$, 1959, 1960 and 1961. ~ ~ r FOR THE TAX LEPY AGAINST THE TAZ ZEVY I