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<br />'k~lE CITY OF Nt1TtTH DINED
<br />$q
<br />o~rcr . ~,.t~'
<br />APi oRDIi~ At7't'~ORr?.I~iG ~ IsSU~xc~E of Ht3t~ BY '1~iE
<br />CI'M OF oI~P~D, 1`~ Atl'1'TCIPATZOIi OF 'ICE (~i.,I.EC-
<br />TTOPI' OF sAL ASSRSS!-l~TS TIP,E PtTRPC~~ OF G~QP~ST~'tUCT-
<br />21K~ WA~,'P,~R ~tAll[3 IIi RAID ROAR APtD CERTASN O'~fER S2iiE8'"I,'S,
<br />AIiO DBCf.ARI~t3 1-li C,`Y .
<br />, s Hate i~t flat a~uat of X35, 3~5 '~ issued pursuant to Oxe~in~ce
<br />Pia. (air-1b3: ~ Y ~3, ~"9~~, Ln tu~tici~ttit~ of the bandrs herein aut,horiz~d,
<br />which note matured oa t 30, 1966, and ras x~et~ by th+e issuance of a note
<br />in ~t of ~1~21,3~'~ ~ to ~°~rdinsnce Pio. ~Ei-20, passed July , 1966,
<br />~rhicln ~ mttu~s on t 34, 1967 but. is suh~ect to rede~aptian at the option
<br />aF tbre City at any time; a-nd
<br />AS, the Director oaf Fi~-nce, as fiscal. aPficer of this City, 2 hereto-
<br />ic~re s~rtified the estiait#,e8 line of the i~rav~ent and the maximum maturity of
<br />t2s~ baasds prc~osed to be ise~$, `
<br />nhio:
<br />Pitt, '.t'IiP~tEl~tE, $E l'P OPiP'PAZ'fl by the C'autiteil of the City of NortYi t7t.,
<br />~3eesticas 1. 'Ptu-t it a hereby 8eclered z~eceesaargr to issue bonds of 'the City
<br />C~' ~ t>lmr#,ed, in ~ principat Ault at' ~96,fi$fl in anticipation oP the.: collar-~
<br />tics et special aasese~nte heretaFare le~ried for the xurpose of psyir~ the
<br />~X t~wethe' pcutioa~ csf the cast of i~roviuR Be~rtan Pfc., Bred]ey Roecl,
<br />Milt P~Sd:, ~~cetbaurne : and Ce~nterbury Rc~td by inetelling tt~rein Water rssfa~4s
<br />sad aeeeeasewry a~±~.trteaew4aes bet~*aeu the termini as~l in tha rmanner prrnrided in
<br />Reselutian Pia. 5-7 adapted Jar~w-ry 7, 1965.
<br />SeCtic~ 2. Said bad shall be issued in the principal. amount ai' ~96,68o For
<br />tl'~t ~~ alc~resaid. ~e said buds shall be dated lktcember 1, 1966, ahaLl be
<br />issu~EE iA natioa of $x,000 each, except bed No. 1 which shall. be of
<br />the imation of 4, steal]. be nussbered ,from ' to 97, bath inclusive, a
<br />shall ~ interest at the rite of fear and cme-half pax cent;m- (4-1~~) .per
<br />a~mur, ~.~ seam-~ur~.ly on the first day of a,~t the first ciialr a~ Ilecem'-
<br />her at each year beginning ,J'e~e 2, 19f7, until the priaeipa3. suet is ~tid, as
<br />evicleacsee~ by the ccxtgcs attached thereto; provided, havever, that if the barxis
<br />sore saw b+raa~lring a different rate aF interest than .herein specified, such bonds
<br />aba3,1 ~ such rate of interest sea ~S' be prrnrided in *he resolution of CcyunciX
<br />~-feB the aerard thereof. Such b+~ntis shall mature in their consecutive serial
<br />order as 2'allc~ae
<br />$9a ~ r 1, 2968; •
<br />~,04~0 on December ]. in each aP the years From 2969 to 1871, inclusive; ems.
<br />$1{},QO(1 or- ?)ecea~r l in each of the years Prom 1972 to iq'7, inclusive;
<br />xhieh aaturitie8 are hereby deterffi.ned. to be in substantially equal annual install-~
<br />bests,
<br />3eaticas 3 . Se~d bads shall be executed by the I~yor end .Director oP Finance
<br />attd sh~t„3. bent the ca~porate easel. of said City. Z~tterest cc~xpcu~zs at~hached to Haiti
<br />btmds rh~l bear the facsimile signatu~ of the Director aP Finance printed or
<br />1it~- d thereon. Bey sl~.l be designated "aster team Bc3ndas", cad shall be
<br />p~rt~le is la~ri'uI. matey of the Ikaited States of Aereriea at the main ofYice of
<br />?tie lia'Eie~na~. City HanPC at' Clevelsud, Cleveland, Ohia.
<br />8ectics~ +~. P~or~the purpose of prrn-idiz~g the necessary Purrds to gay the
<br />inter+~at d~ the fbrergo issue m!' bonds v-hen and a~s tt~e seem ft~ll.s due, end
<br />also tcs protiritle a fund s$'i'i"icietxt to discharge the said serial bonds at mrnturity,
<br />theta shall be send is hereby 2eried an t:hr. taxsble property in the City of North
<br />O2ms#,ed, in addition to al:l other taxes, rc direct tax annually during the period.
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