65-005 Ordinance - Laserfiche WebLink

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r • and shall bear interest at the rette of three and one~half per centtua per annum, payable semiannually cjn the first day of June and the .first day of December of each year beginning June 1, 1965, until the principe.l sun: is paid, as evidenced by the coupons attached thereto; provided, however, that ~_f the bonds are sold bearing a differer;t rate oi' interest than herea.n specified, such bonds shall bear suer: rate of interest ae may be provided in the resolutioa~ of Council approving the award thex•eof- Sueh bonds shall mature ix~ their consecutive serial order as fallowsP $60, ~`5i`~ on December 1, :1966,; 2,000 on December 1, 1967; $60,000 on December 1 in each of the years 196t~ to 19ti2, both inclusive; $b5,000 on December 1 in each of the years 193 to 195, bot2a inclusive; which maturities are k~ereby determined to be in substantially equal annua.:I. installments. Section ~. That Sections 1 and 2 of Ordinance IVo. 64-32.9 __ passed I~cember 1 1.9F;~+ :-hall be and the se.me hereby a.re repealed. Section 3. Thai; the Clerk ^f Co~incii is t:ereby auti,.orizea and. directed to certif;~~ .;, ccPv of this ordinance to the Auditor of Cu;;~~.ho~;P County, Ohio, according to law, Section. ~+. i'h:~s ordinance is hereby ciec°lared and determnea to be an emergency measure ~~ecessary for ttze immediate preservation of the public ,peace, health r~.nd safet;% of this City and for the further rer~sor; that the notes of ti~is City iss'xed 1'JI' t~'liS improvement a.'^e 3C!t`~Uf. t0 '.!'f?t'.:r° and must bC retired ~.aith the uroceeds ,~~f the bonds authorized ~le:~ein ~_p :rder to protect the credit or' the ~:ity-; whe~•efore, th_'~_:; ~~i-draance sna7.:l. take effect and Yee in force immediately upon, its passage and e.npr~?•Ja~ . Fresden', ox' Council Appr;;~re~: --~----------' '.=~4 Attet _...__.._^.. --- _.___.___ ^ j r rk Gf („Jt,Lr1Ci1 1~ 2