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<br />ORDINANCE NO. ~ ~ / <br />BY• ®~~ G'-~L/ AN ORDINANCE TO PROVIDE I~OTt THE <br />ISSUANCE OF BONDS IN ANTICIPATION <br />OF THE COLLECTION OF SPECIAL <br />ASSESSMENTS FOR. THE IMPRO~''EMENT <br />OF GFSSNEA ROAD, FROM LORAIN ROAD <br />'TO ~~IALTER ROAD BY CONSTRUCTION OF <br />A WATER MAIN. <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH OLMSTED, <br />SThTE OF OHIO: <br />Section 1. That for the purpose of raising money in <br />anticipation of the collection of special assessments for the <br />improvement of Gessner Road, from Lorain Road to Walter Road <br />by Construction of a Water Main,~in accordance with Ordinance <br />No. $23, passed on the 6th day of June, 1950, bonds of the <br />City of North Olmsted, Ohio, shall be issued to the amount of <br />20,200.00 to pay a note previously issued and is now due and <br />payable. <br />Section 2. Said bonds shall be signed by the Mayor and <br />Clerk, bear date of Jantaary 1, 1952, and shall be numbered and <br />be due and payable as follows: <br />.Date of Maturity ~~b <br />October 1, 1953 18c2 ~2 , 200.00 <br />October 1, 1954 3&4 X2,000.00 <br />October 1, 1955 5&6 X2,000.00 <br />E3ctober 1, 1956 'j8c$ $2,000.00 <br />October 1, 1957 9&10 X2,000.00 <br />October 1, 195$ 11&12 X2,000.00 <br />October 1, 1959 138c14 X2,000.00 <br />October 1, 1960 158c16 2 ,000.00 <br />October 1, 1961 17&1$ 2 ,000.00 <br />October 1, 1962 19&20 2 ,000.00 <br />Tt is hereby determined that the above maturities are in <br />substantially equal annual installments. <br /> <br />