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Auditor, sad sealed with the eerporate
<br />interest coupons attached tc~ said borsds
<br />signature of the City Audit®r.
<br />e o Tba.t said bo8d~t shall express upon their Ease
<br />the purpose dr"~b they are issusd• that they are issued is
<br />pursuance of this ordnaase, aAd shah. bs signed by t~s y~r aa~
<br />seal of said Cit ~ 'fie
<br />shall bear the acsimile
<br />That ftar the purpose of providing the accessary
<br />funds to pay~~~srest on the foregoing issue of b prwaptly
<br />whsa and as the some falls due and slay to provide a sufficient
<br />to dfscbarge the said serial beads at maturity, there shall be and is
<br />hereby levied ®a all tbs is ~raperty in said City of North Qla~ted,
<br />Qhio, is addition to all abhor taxes, a direst tax a lly duri~ the
<br />period said beads ors to run fa as amount sufficiea~ is provide funds
<br />to pay interest up®n said buds as sad when the ease falls due. and also
<br />to provide a fund for the disbargs of the prineip~l ®f said ssr3.a1
<br />bonds at maturity,.whish tax shall sat be leas than the interest a~i
<br />sinking fund tax required by Neetioa 11 of Article ~ of thde titu-
<br />tion. Said fast shall. be Leried ®utsde the ..ten mill lf.~tat~.
<br />Said tax shall bs sad is hereby ordered eamput.~, certified,
<br />levied and exte~ied apse the tax duplicate sad c®llestsd bar ter s~o
<br />officers, is the saw sr and. at the same ti~te that fazes for gen-
<br />eral purposes for sash of said ys~rs ors certified, estsa~de~l sat eel-
<br />lotted. 3eid tax shall be phased before and is parefsre to ah. ether
<br />items and for the full amount thereof. The funds derivet~ fray said tax
<br />levies hereby required, shall bs placed in a separate and de~inat fund,
<br />which tc~ether vr3.th all interest collected on the sass, shoal]. be irrev-
<br />oeably pledged for the payssnt cif the interest and paribcipal of said
<br />bonds when and as the sans fall due.
<br />tio~„Z,~, That said bonds shall be first eff~re~l at par
<br />and accrued merest to the ~!rsasvrsr as 4c~'ficer in Charg® of the Nand
<br />Hetirsmamt P~ind and if said i"reaaurar rafussa to take ax~y of all of
<br />said bonds, the~t said hoods so takes shall be advex~sed for public
<br />eels and sold in the manner provided by law but nr~t fmr lass than their
<br />par value sad aasrued igtsrest;;the bond sa~s advertisemeri~ shall state
<br />that say one desiring to do so may present a bid or bid far such bonds
<br />based upon their bear3.ag a diferent rate of interest than he~reinbeform
<br />fixed provided, however, that where a fractir~al iatere8t rats is bide
<br />such fraction shall be cis-quarter of c~as ~r tent or au].tiplea th+~rea~`
<br />the proQeeds from the eels of said bonds, sxoept the premiuee sad. accrued
<br />interest shall be u~red for the purpose aforesaid sad for no eth®r
<br />purpose.
<br />S~gti Teas Clerk is hereby dirsated to f ortirard a certi-
<br />fied copy o t s d3.nance to the C©unty Auditor.
<br />destisa~ 7. This f~rdinaass is hereby deQlared to bye an sa~sr-
<br />gsacy ~asuFS aeass~rary for the public health, pease and safety and tc~
<br />provide imssdiatsly for th+s purpose of esastructis,~ tw+a firsp~rcof build-
<br />ings to be used for firs l~osae~s and the purchase © aeaeaa~rry ega~.psemt
<br />and furrsishings therefor urgsetly rcquir®d for tie prQtecta~ ®f the.
<br />lives sad. property vf' the uiha'bitants of the f~ity, sad this Ordice-
<br />shall take effect immediately up®n its passage sand approval by the
<br />I!~avor.
<br />PA3S&'D:; Decem r ~ , 1955 •
<br />ATTL3T C~
<br />__
<br />of Gca cil
<br />APPxO~D: ~~
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