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0911 Ordinance
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0911 Ordinance
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Last modified
2/10/2014 10:54:56 AM
Creation date
2/4/2014 8:22:56 AM
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North Olmsted Legislation
Legislation Number
0911
Legislation Date
9/18/1951
Year
1951
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y 911 <br />Bg: fir. batta8 OYHf~4aCE ~0 P~fiAVID~i FU8 Tl~ <br />. 18~tG . ~ t7T8S ~ ~tTi~r~#i' IDl~ <br />3 ~ ~~XO~g ~' THIS <br />ISlr4~ Qh ~, 7s /~ti1'IP~9.'IaM <br />OF ~' 5'Yt - Ct~' <br />OF` Dpv i~t ~:~~~ . T `Ti~$ <br />~tQ~'H LIa~ U~' T`1~i - L <br />CQ~P4pd~ IQIi `f'0 x~ wit Y -~ir$ <br />L.BY. COaS`i'~tit ~'~~-w <br />i~ii~Y, the C®uncil of the Village of ~-erth Oat he~s herete- <br />fare, itg Pei':. ~,e~a3.at30u dsalared tl~e aeeasaitg ~-f ~6 s <br />C'mter ad fret a aerth ate c+f the tbnrbaa Laed Corparstioa to tote <br />berth vS,llaga Line, bg ¢enatrnatng therein a wader amain, and <br />~IkB, this C©il contemplates the use of .t30 for the. <br />p~urpeae of gagfa~g .the perti+~h ®f said imprctveaent, xhich~t~- be paid by <br />aaaeamatents; max, .therefore, <br />t ~3 . ~ ~ _ .. . - .. . _ _ . ,. _ _ <br />Sadden 1. `t`hat it fa herebg declared. geceasarg t® iaa~te bemda <br />of the ~ il~,ag~ ®f ll+erth Mated is the principal sect of ~~~ 1 for <br />the p~oae ®f raai~ mQ i.a antieigf-tiea of the aerh.ect~ea ®t aerial <br />asse~aeatm for 'tote istprav~tent of ~3aver Center Y+a~td, from the a®rth <br />I~t~te of the 5 ~ t:~rperateh to the amrth Vfilag~ Line, bg <br />ca~tatrro~cti~ thereixt a rater sta. . <br />9ectea 2. 'J~`l~at said bpnda ahd].l be of the aatien of <br />~D f~ each ezeepL ~-~, ae, l which shall bs of the daacamiaat ion. of <br />llQ©.00; shall be dated October 1 1952,-sad shall bear interest <br />at .the rate of Hat t® +acee®d four ~~.~ per cent per a ble art- <br />aaahal.lg the first Tags of Aprilra~l actober ®f sap®a~ aetil the <br />priacipa~ ~ is paid, sad shall mature is ten ams~na]. iastallm~enta at"ter <br />their issuance. <br />Section 3. That for the pr~rpese of raising ~~eg is am~ticpa- <br />tie~- Qf the lerg ctf c$tl aaaesaaaants and in anticpati®n of the <br />is a c-f bewda is anticaipata~m et' the lleesten 0f special a~eamaea~a <br />f®r the i~tpreTe~tent Of the above meted atret bg cenatx~ctiIIg thirl"a$,A a <br />Witter min .in acoarae wi~Gh legialatie heret4f+~x~e p~taaed tb7 the <br />~~~~- Ce it with reap#et ~~ to p~tg the prepertg ewers share <br />of the coat a eagp~t~ee of said retire ir~rrev+~tent~ it is herel~r <br />declared xsetaasas-fir t+~ i~t there X11 he i+r,~d, a+at~e er notes <br />of the Fill~tge of Yorth ~~ted in t of ~~$ lA~,-AOt ~ieh alma <br />be placed to t~ cdit ®f the .Dever 6~ter '~ater lrevemea~tt <br />Y®. 2 in the asou~tt ©f 3$,1®A+~-. <br />SeatOa ~.. That ameh antic~ipat~iac3r bmt+s or motes is the asst t <br />aforesaid iahal]. be a~sxtsd bear3 interest at the rate of three AaAd. Qae- <br />half per coat C 3-1/~~~ Pte' a~~ts payable at the:. ~tatarity cat a~aid Hate ar <br />A®tas; said avte or notes sha11 be dated Cctcbsr 1, 1951, ~a1.1. <br />mater. ®a 3ep~tber ~1, 1952, each mete or tea shall be cuted <br />deliTered ti each mater artd ameh dd~r t fhns as snag b® reccesated by <br />the purchaser of said ate or notes. <br />Seedom 5. laid aot-e ®r motes sha7.1 be e~cecuted bg the l~a1ror <br />at~d the Pillage Q1erk; shall bear the seal ©P the. earpvratie~; thsg shall <br />be p~t~tble at the mffiae ®f Yeti®na]. City Ya~3c of Glevelaad, north <br />A3atatod braaesh, is the Fide ctf Yorth 0?atsted„ Oh3.a; theg ahal.l resa <br />sit their fae+t the Y~~ for Mich theg are issued seed that theg a re <br />issued purauaxtt to this ordiaaasee. <br />~; <br />_ _ _ t~~.~ <br />
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