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65-029 Ordinance
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65-029 Ordinance
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Last modified
2/12/2014 10:25:04 AM
Creation date
2/10/2014 9:27:54 AM
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North Olmsted Legislation
Legislation Number
65-029
Legislation Date
2/2/1965
Year
1965
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br=ay <br />-p- <br />fad ta~c required ~ e.alis. u of Artiele xu o[ ~. ae~stitutida vlr Ohio. <br />Seetiea S. said ta: shall be as~i is hser-t ee~reeal aae~ei, eeartili~d, 1+rris+l <br />and ezteaal~ed u~ the ta: ~liaaM sM eo12+M1art ~- .tM ssM vi'Moears, is teas aware <br />• raerr and at the awn tier Fiat ts~ss the ~awst s !'ear esalt st naid ~e are <br />oertiriad, e=teaded wad oolleeMt. Paid tss siMail tan ~d befoe~e wad is ~'arMs <br />to all other itw and far the lVrtl ssreaaaet tiseN[. '!1e ids dsariwd !'>re ssid tan <br />levy hereby realuirrd aataall be ~Loed is s eats saet distinct trsd, v~oit, tsMie <br />Mith the interest oolleoteai sa tie sac siail to irl~ewsa>ely pled•ed toe tie ~ at <br />principal wad interest on said boae3s M!w neat au tlr Mr lttl,l duce. <br />Section 6. Said baade shall be first e~'!'ersd at sear aM aoarwaL iaterrest to the <br />otfioer is aharde of tlr Daat 11eti.Y laid is ffis eartiaiai oe~paeity, stML i! said <br />ofrioer refuses to talcs ae~r ee all o[ said boad+e, tiw said besiLs er! w taaiwat sirMll 1M <br />advertised for public sale award eolA la the ewer pevrid~ed by 1w. the pe"' !' <br />the sale of said bonds, except the pree~iu., aaeruaeal interest thereon wad aapdtaliaaed <br />interest, shall be used for the paurpoae aforesaid sad ter no othaar purpose wed be <br />allocated to the iaarpir~ntt herein described. <br />The preaiuw, accrued and oapitaliaed merest reoeiwd franc sMYah sale shall bs <br />transferred to the Dead 1letireaneat lrad to be applied to the !n-l~~ far the pei>teipal <br />and interest of said boaakls, is the nnnaaer provided b~ LM. <br />Section 7. Td! Clerk of pascal is hereby aaadherised and directed to oertityr a <br />copy of this ordinance to the Aaditor of Cuyaho~ Cwt?, Ohio, aaoordisrE to lw. <br />Section 8. This ordinasae is hereby declared to be an eeaerpaawey seassre aneeessaury <br />for the peessrratioa of the pvablic pease, welfare and satsty of this q.ty, anal !oe tine <br />further reason tlrt the notes of this City issuied i>4 asrtiaipatioa o[ these baMMts are <br />about to eaature and east be retired Mich the peoaeeds e[ the bonds asatho~rised Irartin <br />in order to protect the arsdit of this City; Mheretoee, thi• oa"diaaaee shall take <br />effect arsi be is forts leeaiediately upon its passage and signature by the li-yor. <br />Passed: `~.,,e.Q,s'w..o~ `1 , 1965 <br />Attest <br />er o <br />1965 <br />~~, <br /> <br /> <br />-: <br />... ~5h+laiJtE7~k~e3~rcY~~3r.3~:NL~.' OItdE 'AY~ikrr x~~~ltie~ii.'i`i~'F1yi~?I Lr~ ~: <br />
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