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CITY OF NORTH OLMSTED RESOLUTION NO. 64 /dam Page 2 <br />Section 3: That as an alternative, this Council respectfully <br />suggests that all possible steps be taken to institute a moratorium on the appli- <br />cation of the Supreme Court decision until the problem can be completely <br />studied on a statewide basis and appropriate corrective measures recommended <br />and instituted. <br />Section 4: That copies of this resolution be mailed to James <br />A. Rhodes, Governor of Ohio; Stanley Mechem, President Pro-tem of the Ohio <br />~'°"" State Senate; Roger Cloud, Speaker of the Ohio House of Representatives; <br />`r'i' and Ralph J. Perk, County Auditor. <br />Section 5: That this Resolution is hereby determined to <br />be an emergency measure necessary for the preservation of the public welfare <br />and that such emergency exists by virtue of the fact that unless the Legislature <br />of the State of Ohio provides in law for more favorable rate in the taxing of <br />rest~.ntial property or a moratorium is instituted, the home owners in the City <br />of North Olmsted will be subject to an increase in real property taxes: <br />WHEREFORE, this Resolution shall take effect immediately upon its passage, <br />otherwise, at the earliest period allowed by law. <br />PASSED:- 1 t1 t~.~. <br />ATTEST: <br />t7~1 <br />Marge West , Clerk of Council <br />APPROV <br />Ra ph .Christman, Mayor <br />~~ <br />Francis J. O'Neili, sident of <br />Council <br />,~~ <br />./ 1~ } <br />7 <br />~~ <br />~ ~ <br />~S~ <br />~1` <br />....., <br />