1966 Ordinance - Laserfiche WebLink

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are payable sad are applisable to the payment of sash interest aa~d principal and are appropriated for such ptarp®ae, the au®oat of such tax shall be rsdgasd by ths~_aaotint of the asses8msat so appropriated, ~tid. tax shall be amd is hereby ordered computed, certi- fied, levied sad extended ~tpsn the tax duplicate and collected by the same officers, in the sass manner and at the seas ties that taass for general psrp®sss fmr each of said years are certified, extended and asllsctsd, Said tan shall be placed before and is preference to all ether items and f®r the fell amount thereof. The funds derived Eros said tax levies hereby rsq~irsd, shall be placed in a separate and distixict fmndt which, together with the interest collected en the same shall be irrevocably pledged for the pays®nt of principal and interest sf said bonds rhea and. as the same fall dns, sew ~,,,_, The City Audit®r is hereby authorised and directed is sertify a copy sf this ordinance to the Auditor of Cuyahoga COUnty~, ~his~ according to lar. 3~rctie~n 5. That all isstallmsnts of said asaeasm~rmts sad all porti®na thereof, tagsthsr with interest thereon, shall bE applied te_;the payment of said bonds and interest as the same shall become dos and to no rather purpmse rhatsoever. In the event that the amc~uat of bonds required to be issued far said izprovsmsat shall be reduced by the cash payment by the property crnners in accordance with the optisn included is the assessing srdiaaacs, such reduction shall be accc-mmplished by reducing all of the serial bonds hereinaliove provided for so as to retail substantially aqua].: annual maturitiss• ~sstio~t b. Ths City Audit®r is hereby dirsated to have said bonds sad coupons prsperly prepared sad s=seated, to sell the same sad is deposit the pro~cseds in the City Treasury is the srsdit of the ~tsaras goad ~ Water Improvement Faced - ~2~,7E~.0~~; the Qres~sr goad go, 2 Water Improvement Ftutd ~ ~.3,-~; the Canterbury goad g®. 2 Water Imprevemsat Fi~tnd +. ''~,3~-~; the art®n goad 2.'. Water Imprrsvemsat Farad ~ ~1.~,.~;: the -~~-