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<br />':~ <br /> <br />- 2 - <br />!lhctioa 7. And ~khe ' or years <br />lmri~wl ~a ail t~ iasabl~e ~t'~,1- in the <br />alM~.l.raa Ire all vthe! ~, a Vii; tax <br />reaid brt~e been levied it 'baaAs had been <br />snub ngi>e. <br />jo ~r -' L 11~' <br />such noisy rv~as thers shall be <br />City of ~rtxt 4lsrt~d in <br />anonal~r not less the that ~-1crh <br />issued without the prior issue of <br />saia tax shall be and is tr~ablr ordere4, co^puied, certified, levied <br />and ex'ie~n8ed uipao the tax du~-licaEe and coL'E~etitred by the same otter, la <br />the ear ssesner and at tt~e sa~r tier that guars !ar aer~eral purpoe~s !hr <br />each of said years curs citsrd, exteaded aad collected. Said tax. shell <br />be placed before and is pre!"+ereace to ail other items and for the itsll <br />asroe~nt thereof. the lunt3s derived t"r~ said tax levies hereby required <br />shall be placed in a separattrir and distinct fuad, which, together with the <br />intefrest collected on the sane, shah. be irrevocably pledged for the pay- <br />wnt of the principal and interest of said note or the bonds in anticipation <br />of which it is issued, wbea and as the soma tall due. <br />Section 8. It is hereby determined and recited that all acts, con- <br />ditions ead things neeessary to be done precut to and in the issuing <br />of said note in or+rler to ~ralM the sane a legal, valid and binding obli - <br />ptio® of the City ct xorth 0],ersted have happ~ed, been done and pertortised <br />in regular and dsee tons as required by law and that no Limitation of <br />iae3ebtedness ar taxation, either statutory or eonstitutionsl will have been <br />exeeeded in the issuance of said note. <br />9ectioa 9. Zlie Clem o! Coua~il is hereby authorized aad directed <br />tai to:Mard a certified copy of this ordinance to the County Auditor of <br />Ctgrshe~- County. <br />Section 10. Zlais ordinance is hereby declared to be sa emergency <br />rasure neceesary for the preser~-ation of the public peace, welfare and <br />satrr'gr of this City, and for the tvrther reasca thstit the immediate <br />ae~ds-3tion of such rat-of-+hyr is necessary to e].ioagate txistir~ haur+d~t <br />to ~eetrian and vebict~l+ar tad~'C,Clc tlharovgb tine av~trwatiQn of tb~r-t <br />gaet~sn Bse~tevard as as alt~tersat str+tt beteeen Lorrain ioad aed l~rw~u~r <br />~ ~erel+ere, this erd#ssu'~ shall faire etiiect aad be Sn farce iaMM1t#~ely <br />egmn- its pus~e and apprc~al by the Mayor. <br />t~useds 1966 <br />AtioMt s <br /> <br />s o <br />Approrsds ~, 1966 <br /> <br />n <br />