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ORDINANCE i~10. 932 <br />BY: t~IR. HATTON AN ORDINANCE TO ~'ROVIDE POR <br />THE ISSUANCE OF ;~OI~DS I"+_~ <br />i~NTICIF~.TTON 0~' THE COLi:EC- <br />TION OF SFYLCIAL I~S,S`ESSI~TENTS <br />F OR THE I~IFROVEI'~i~;NT OF WALTER <br />ROP.D , F'R0~1 GESSNER ROAD TO <br />~flh~'LE %I1}CF; ~-tOAD ~Y CON3TUC- <br />TTON OF A ';^1~.~1'~R --'CAIN. <br />BE IT ~RDASNED BY THE COUNCIL OF THE CITY OF NORTH OL'~STED, <br />ST?aTE OF OHIO: <br />Section 1. That for the purpose of raising money in antici- <br />pation of the collection of special assess-nents for the improve- <br />ment of Walter P~oad, from Gessner Road to Maple Rid~fe Road by <br />Construction of a 'tslater ~~iain, in accordance with Ordinance No. <br />$42, passed on the 15tr day of t~u~ust, 1950, bonds of the City <br />of North Olmsted, Ohio, shall be issued to the amount of 15,35.00 <br />to x~ay a note previously issed and is now due and payable. <br />Section 2. Said 'oonds s'nall be signed b~y the mayor and <br />Clerk, bear date of January 1, 1952, and sha11 be n~Amber.ed and <br />be due and payable as fol~.ows: <br />Date of ~~taturity Numbers Amount <br />October 1, 1953 1 Inclusive X1,000.00 <br />October 1, 1954 2 rt X1,000.00 <br />October 1, 1955 3 '~ X1,000.00 <br />October 1, 1856 4 " X1,000.00 <br />Qctober 1, 1957 5 't X1,3$5.00 <br />October 1, 195 6&7 f' X2,000.00 <br />October 1, 1959 ~9 ~' X2,000.00 <br />October 1, 1860 10&11 " X2,000.00 <br />October 1, 1961 128c13 rr 2 ,000.00 <br />October 1, 1962 14&15 tt X2,000.00 <br />It is hereby determined that the above maturities are in <br />substantially equal annual installments. <br />~~ ~ ... ,~ <br />