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r <br />Section ~.. The Clerk is hereby authorized and directed <br />to certify a copy of this ordinance to the auditor of Cuyahoga <br />L'ounty, Uhio, according to law. <br />Section 5. 'T'hat all installments. of said assessments and <br />all portions thereof, to ;ether with interest thereon, shall be <br />~, <br />applied to the payment of said b onds and interest as the same shal <br />become due and to no other purpose whatsoever. 1n the event that <br />the amount of bonds required to be issued for said improvement <br />shall be reduced by the cash payment by the property owners in <br />accordance with the option included in the assessing ordinance, <br />such reduction shall be accomplished by reducing all of the <br />serial bonds hereinabove provided for so as to retain substan- <br />tially equal annL~al maturities. <br />Section 6. `t'he clerk is hereby directed to have said <br />bonds and coupons properly prepared and executed, to sell the same <br />and to deposit the ;oroceeds in the Village treasury to the credit <br />of the Andrus Avenue :Lmprovement r`und for the purpase of paying <br />the cost of said improvement not heretofore provided to be paid <br />by said Village and for which purpose said ,rlloney is hereby appro- <br />priated. <br />Section '~. `t'hat said t~onds shall be first offered at <br />par and accrued interest to the `t'reasurer and Officer in charge <br />of the Sinking Fund and if said Treasurer or Officer refuses to <br />take any or all of said B onds then said B onds not so taken shall <br />be advertised for public sale and sold in the manner provided by <br />law but for not less than the par value and accrued interest. <br />Section ~. 'That this ordinance is hereby declared to <br />be an emergency measure, the emergency being that it is necessary <br />for the immediate preservation of public heal.th,peace,safety and <br />welfare that this ordinance be passed at once, and shall take <br />effect and be in force from and ai'ter its passage. <br />~~/ 1951• ~~ <br />'~ <br />YaSS~;ll: <br />H`1"1,~S~i, ~ g ~ <br />_ _ .. <br />_, <br />_, <br />- "' OR <br />