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1001 Ordinance
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1001 Ordinance
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Last modified
2/10/2014 10:54:45 AM
Creation date
2/3/2014 10:22:09 AM
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North Olmsted Legislation
Legislation Number
1001
Legislation Date
12/2/1952
Year
1952
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ORU ITJAN CE N0 . f ° c <br />`~ ~ ~ ~,~~ ~' y~"~.. AJ ORDIVxt~1CE TO PROVIDE r,OR THE ISSUANCE <br />BY: ~~ - s <br />Or~' BONk7S IN ANTICIPATION OF THE COLLECTIOI~i <br />OF SPECIAL ASSESS%~iEiuTS FOR THE ri~IPROVE- <br />IvIE~J'1 Or~` .DOVER CEJTER ROAD FROM THE NORTH <br />LIME OF' THE SUBURBAiJ LAUD CORPORATIOIJ TO <br />THE VORTH CITY LITJE , BY CONSTRUCTIiJG <br />THEREIN A ~;~ATER IvlAIN. <br />BB IT ORDAIdED BY THE COUVCIL Or' `i'HE CITY OF NORTH OLMSTED, STATE <br />0~, OHIO <br />Section 1. That for the purpose of raising money in anticipa- <br />tion of the collection of special assessments for the improvement of <br />Dover Center Road from the North Line of the Suburban Land Corpora- <br />tion to the North City Line, by construction of a water main therein, <br />in accordance with Ordinance into. 910 passed September 1$, 1951, <br />bonds of tkie City of tiorth Olmsted, Ohio, shall be issued to the <br />amount of X32,200.00 to pay notes previously issued and now due and <br />payable, <br />Section 2. Said bonds shall be signed by the .Mayor and Auditor, <br />bear date of January 1, 1953, and shall be numbered and be due and <br />payable as follows: <br />Date of Maturity Nos. Amount <br />October 1, 1954 1 to !~, inclusive X4,200.00 <br />October 1, 1955 5 to ~ " 4,000.00 <br />.October 1.,, 1956 9 to 11 " 3,000.00 <br />October 1, 1957 12 to 14 " 3,000.00 <br />October l , 19 5$ 15 to 17 T' 3 ,000.00 <br />0 ctober 1, 19 59 17 to 20 t' 3 ,000.00 <br />October 1, 1960 21 to 23 " 3,000.00 <br />~- <br />October <br />1, <br />1961 <br />21~ <br />to <br />26 <br />" <br />3,000.00 <br />October 1, 1962 27 to 29 " 3,000.00 <br />October l , 1963 30 to 32 " 3 ,000.00 <br />It is hereby determined that the above maturities are in sub- <br />stantially equal annual installments. <br />
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