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1959 Ordinance
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1959 Ordinance
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2/10/2014 10:54:33 AM
Creation date
2/3/2014 5:22:22 AM
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North Olmsted Legislation
Legislation Number
1959
Legislation Date
3/16/1954
Year
1954
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~eetiea 5. That all iaitalheati ®f Said asseasaeats <br />and all port3ens thereof, together xith interest thereea, shall be <br />applied t® the pa>steat of said heads cad iatersat ai the seas shall <br />became dne and to a4 ®ther parpese whets®eter. Ia the eTeat that <br />the amotu~t of h®sds regairsd t® he issaed far said iapreTeeteat <br />shall be reduced by the cash pa~-meat by the property exaera is <br />acaerdaace with the ®ption iaclt~ded is the asseasiag erdisaucse, <br />arch rednctien shall hs acceaplished by redacing all ®f the serial <br />beads hereiaah®'e pre~ridsd far se as t® retain snbstaatially egna3. <br />aa~at~a], aatarities, <br />.~i~atie~ b The Gity Anctiter is hereby directed to hairs <br />acid beads and a®ap0as properly prepared cad ezecated, to sell the <br />lade and to deposit the proceeds in the pity Treaanry to the <br />credit •f the I~xcydhl.e lveans Street Iapre9saent ~. 2: f!h~ <br />#3,~4©A~~ far the psrpese of paying the test 0f said itgre~eaeat <br />mat hsretmfore preT3.ded to be paid by said City cad for xhiah par- <br />pane said a®aey is hereby appr®priated, <br />geatioa 9. That *aid beada> shall be first offered at. <br />par and accrued interest to the Trsasnrer cad Officer in aharga of <br />the. 3inkisg Fwd cad if said Treasurer er Afficer refries t® tak• <br />any ®r all ®f said bonds, them said bonds n®t ae taken shall h• <br />adrertisedfor public sale cad s®ld is the aanasr prerf.ded by lax <br />brit far a®t lase than the par vales and accrued interest. <br />S4,ctiex b. That this erdi~c• is herei~gr declared t® be <br />as eaergeacy aeasure, the emargsacy being that it is aeceasary far <br />the ida®diate preserraties of pahlic health, peace, safety-cad wel- <br />fats and to pr®vide fcrr the sale of bold:, the proseeds ®f which <br />aha7.1 he used far the paydeat of aotea heretefare issued, and that <br />this er'diaaaa• be passed at ante cad shall take effect cad b• in <br />fares from and alter its passa,de. <br />PA338p~s lb, 19 ~ . <br />ATT~T': _.__ <br />staaa sr <br />®f ~'ennc~li. <br />ox <br />ea M •f <br />•~° <br />..~: <br />~~ 4'~ ~,\ <br />J 1[ r <br />~( <br />1, ~~ <br />
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