Laserfiche WebLink
- 2 - ~ ~=° ~'"S <br /> <br /> <br />Section 5. Said tax shall be and is hereby ordered computed, certified, <br />Ievied and extended upKUt the tax duplicate and collected by the sates offices, <br />in the sates asrursr and at the sane teas that taxes for general purposes for <br />each of said years are certified, extended and collected. Said te4x shall be <br />placed before and in preference to all other items and for the full enouxtt <br />thereof. Tire funds dtrived frost said tsar Levy hereby required shall be placed <br />in a separate and distinct f+~d, vhieh, together With the intermit collected <br />on the sass shall be irrevoa~?~,~r pledged for the paystent of principal and <br />interest oa said hoods when and as the sass fall dtte. <br />Section 6. Said bonds shall be first offered at par and accrued <br />interest to the officer in charge of the Boxed Retireaent Fund in his official <br />eapseity, and if said officer reftues to take any or all of said bonds, then <br />said boards not so talc~en shall be advertised. for public sale and sold in the <br />tlMmner provided by late. The praceeis from the sale of said boards, except the <br />pretaivm, accrued interest tlstreon and capitalized interest, shall be used for <br />the purpose afaresald and for no other purpose and be allocated to the <br />iaprovvatent herein described. <br />Tire pretaluttt, accrued axtd capitalized interest received Prom such <br />sale shaLi be transferred to the Bond Retiresrsnt !taxi to be applied to the <br />paystent f! the principal snid interest of said bonds, in the manner prnvided <br />by lav. <br />Section 7. The Clerk of t~uxrcil is hereby authorised and directed <br />to certify • copy of this ordinance to the Auditor of Cuyahoga County, moo, <br />according to Upr . <br />Section 8. This ordiaaac• is hereby declared to be sn e~rsrgency <br />measure aecess~rr for the preservation of the public peace, Welfare and <br />safety of this City, sad for the further reason brat the imrsdiate purchase <br />of these banes is aecesssur~r to elisinate hasards to pedestrian and vehicular <br />trafYic ami to sintain the adegttsrcy and resultant public accegtance of the <br />City's coach line +~ thns gratest the inreitsent of this City therein; wbtsrefore, <br />this or~litdaasce shall ta~OS effect and be in force larrsdiately upon eta passage <br />and si®oature by the ~Ityor. <br />Assed: ~ , 1965 <br />s en o <br />Attest: <br />er o cil <br />l~ <br />pprove <br />yor <br /> <br />