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66-292 Ordinance
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66-292 Ordinance
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2/12/2014 10:25:16 AM
Creation date
2/11/2014 4:14:21 AM
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North Olmsted Legislation
Legislation Number
66-292
Legislation Date
10/18/1966
Year
1966
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<br />G ~•~ ~', <br />_?_ <br />cxf' paid years are certified, extersied anti collected. Said tax shell be placed <br />before. aid in preference to all other steps s~ttd for the full amount thereof . T,hie <br />funds deMeed fro salts tax lt!~ hereby required. t+ha1.I be placed ~.n a~ separa;#.e~ <br />apd. distinct fund, which, togather xith the interest collected on tYze esmie mall <br />be irrel-acably pledged for tb~e pay~teent of principal and interest. An said bcua~.s <br />xhen aed as the same fall dve. <br />Seatian 6. Said bawds shall be first a#'fered 1-t par and accrued interest to <br />the officer in charge of the llapd Retiretoent Ftund ira his affici.al capacity, oral <br />if said officer refuses to t~ stay oar a~ l of said btxyds , then said b~acs east so <br />takes shall. bt advertised far public sale earl tfald i.n the manner prpvitied by laver. <br />9'he proceeds fare the sa2.er of said. boc~ds, except the pre~xi.um, ttccrue$ interest <br />therm sad. capitalized. interest, shall be ~xsed for the ptzrpt3se ~-fQresaid arid. far <br />no other gurpc+se and be al.2acletet2 to the its, rcxepent, herein clrscribed., <br />True pnai~, accrueed. and capitalized.. ini,erest received from such sale shall <br />be transfd to the iietir~eat Ptuad to be applied to the payment fc~r the <br />principal. and interest of said bonds, in trke manner provided by~ 1a~r . <br />:3ectitm 7. The Ci.rrk of Coutacii is hereby autr~ari zed anti directed. to certify <br />a copy of this ordinance t4 the Au$itar of Cuyahoga County, Qhit~, acCC+rtxu~ tc) lam. <br />Section $. This ttirdinan.cr is hereby declared 1;o be ar, ea~e~:gere3° meas;are <br />neecessary far the preservation of the public peace, velf€~re and saf't'ty cif ~Yas <br />City, ar~d for the further reason that the immediate acquisition of i.hc gsrbt~ge <br />trucks to be purchased eith the proceeds ;~f the bnzxls here .n ~~.~thorizesl is neceesax^~ <br />to protect the health of the inhabitants cf' i:h~' Cityp whereior~°, f:hie c?rdinari^e <br />shall take effect and be in force i-zanedi.ately u~r~ 3ts passage ~~d s.n~tuxe by <br />the Mnyar. <br />Passed: ~ , 1966 __ ...~._.~___. <br />..~ ._._ ~rrsidex~ ., a~- Ccus~G~~ <br />,.~ -:°. <br />Attest: <br />('~e3~t oil C~tirteil Appr^vec.~ <br />~~~__.______._ w_ ._ ___~._~._e _.~ <br />;; ox- <br />s <br />
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