|
I
<br />•
<br />Bv__~^~
<br />C7Tv QF' NO?tTH nLM~TFD
<br />oRUINANCE N~ . ~ ''~ f
<br />TAN ta~R~I3yTZ~t~~~s /~~ :P~R+OY.T~.?~E: 7F`c)~? T}3E i~S+~~^~JAptT1CEA r~0~^ :;1~~-+f1~~E
<br />31i !•1t~1 i.ti L~1 m6~ lta' 1 L~+ Y~: Y i ~} ~ i"t,CF~i.Lria. 1W:7~.`+..7.~", k~:Y-<-1'1 k' U
<br />~ rN AI~ZCIPATIO;V of ~rh~; Zs:~JANCE of ~oi+IDS Tc pt~Y
<br />` PF?t31~R?`~; ('#vfi;~:'' ~`T . rJ':? {7F ~' ~13~"T' C?~: iPa?J'~~'~1'td~`=
<br />`t~:fll ~t~ A'!i) i:~lt`A.LN {J`~H~ uJ~'Rk~"PS b~ iIVSVT'~d:.L.ING
<br />THF'.~IN GiA'~ MA.II~S ~ I~CE~SARY ~t.r'WR`Ir~:~r~T`IC'F:~, ANt)
<br />DEGI~R~I~, A?3 ESE?~~Y.
<br />~,
<br />J
<br />WH~k~t1.;, prt_trsuar~t to ~rd.inance Na. ~5-163, passed ~iu!~~ l~{, 1~~;~, a
<br />none in the Princpe~.i. ama~~nt of $l>,:k?a, Sated Augu«t ~., ~~~`, •.ras
<br />issued for the ~narpose hereinafter x3taLe~1, to mature aria wear ~"'ra~n t~~e
<br />date of such note; and
<br />WHEREAT--,, tn~ ";ity bass r~aie~ ~~?~,C'~__K~ of the Pr;ncipa.:~. e~ said :":i_3=~, ~5
<br />note; s.,:Ld
<br />WHEREAS, to pr~se*_-ve the ^reddt oa
<br />a new Hate to retire the unpaid porttian
<br />anticipatiar: of the i:s:~ue oI` bands; end
<br />[.t:ti '•.~lt`,>> ~t _~ t'$i~~',lT,~3.i. t~: '~asLl~'
<br />of aucP1 e,utstandai~; r~~~~te, u•:d s.r~
<br />WHER'F.AS, the fiscal officer h~.s ~:e:~ti:'~.ed to the mFSxy:n~z~, maturity aA
<br />the bonds anticipated and tc~ the r-otA . here ~,-r~ stzt•}iorizn ci,
<br />NUW, 'T'HEREF'ORE, $~ Ia' ~RDAIidED d;,,~ tze .:a~uscil cif' ':;{~+.~=' .}v4p vf' Verah
<br />ounsted, Cuyahoga bounty, Ohio:
<br />Section 1. That it ~.s kaereb; declared necessary ..,. ~.=a?7.ze ~~v:~d.^ of the
<br />Cit;y~ of North Opted ;;. r.. the Principal sum t~f $121, 3~`; ~'c; . " ~ ~~~, r.~s~~ oi'
<br />P~YinBa in antici~tian of the colleet~ar of apeei~ a.~~e~.~smer.„<~, t2-6e pral:~erts.
<br />ovners @ portion aP the :.ost of impravin~ L~arte~n Road. =i ~=ertsin at'r.er street
<br />designated in the ardinr~rAc.e her~:ina'~ove raent.i~aned .~~- ~-r >~'<:~~ ~t~~; `~ .~~•e~->' ~a±~='"
<br />is and necess~~ 3pa71a ~~°±.,fi,2"l~c.' i _i r; .C:~ SS#FJ.2'.eer j7r~ ... '~' ~ _.. .C' ~a +',...G 1't:.'.
<br />65-7, adoPtea. =7s.n~aa~.~ '; , ~ , '~~`+.
<br />~7
<br />Section ~. That bai~~ ~~ards sha.l1 he dated. s.pp.rax_r~;ate1;;° .+~as~. -~_, ~~"t~l f
<br />shall bear interest at the estiroate~.i rate of three and ane~-nal.f ter^e^~tua~
<br />(3 1/2~) per annum, Payable :~erai-ea~xxua?.l.y, ~,~r:t~,'. the ~r~r.~~pa;:. sum. `_~ ~>a~.c=~,
<br />and shall mature in ',;e,`` b?, .YStarlt~•ia.l_'~' P-+~'.la.~. a:"1r,1•l~`.i,.. .-ri.S .,L~~._l;s~i"tt~ 3. VCS
<br />their issuance.,
<br />Section 3. `T`hat for whe z~urF>ase a:' rai+sir.g money ~e ~.nt czps,tior~. of
<br />the levy and collection oP special r~.ssessments sr:d of tn~? -1=>:~izsncE~ cif t~-ie
<br />aforesaid bands fcr~the at~ove desGrib~ improvement, at~d tc x>s~~ and re~tirrt:
<br />said outstanding no*~ dated. Augast ?C), .96, <t, .s hereby ~zi:clsreti nec~assax^,r
<br />to issue and there ~i?~.al.l issued a ratF. of sa<~ "it~,r ~ _ `;[r~' prif~ei~.:1
<br />amount of '~~121, ~'S.
<br />° Section 4. That such s:~ticiuatary ro;e in the ama'~n~, a_':~re aid sha:~.:
<br />bear interest at the rate a z' tiire~~ anal one -Y:r~.tf per centwn ~ ~ 1/`}`~ } per a"xnum,
<br />such interest to be ~bl.e ~.t maturity . Such note shall ~ dated Au~xst ~;; -,
<br />1.966, and shall mature an or be Pare one yt:ar ~'ror: said date.
<br />Sectior ~. >uuh Hate shall re executed by ~~?ie Maya=_• u.~tl D~.xert,o.^ cf
<br />Finance ~ bear trr~ ;yea s tit the ~oa~pc~ratio*~ . It shas..a '>e .~~~v,'a'`~'~e ~~.t tc~e
<br />oPP`.t.ce of The Natiaraal ~;ity Iiasdc rf !'1eveland, !viev~::~ard, ~r:~,, ~~:~ ^r:al:.
<br />express upon f is face the pur°~tase :'or :chic. it xst~~~a :~ ~~ ±;r_at, i.':~ i~
<br />issued pursuant to ~,h~.;~ >wda.r~ar~.~E:,
<br />Section. ~. A11 a.sseasr~z~ts collected fna- t"tie ~:n~%ro~re-~:nt ~1'~re;~.i.3 t
<br />and any' unexPendec? `~aj.anee :~emaj.r.~i~~; ~ :i the ? r~s~ r~~ver~ r_`~. ~. s~`t~ ,Mhe
<br />Cafits at3d ~:`{~T?:1~:' ~:t :~~.sE: `Tf'+~7'~r' "'it'.:i` :`.EVE' '~EE.'Yi ~.•3is';, ar+•.s... b~ ~J~.~.F'Ct.
<br />/y } [l 1^'~ ~ ~~*' L d. ~~w.~ ~... , ._ ~~.r_~,~re~> ~.~r>.eor; 1M.. -.. .. , ~;v": ~rE~ ~'~.,i.,j~
<br />to •dhi. pa a±n~~ll S 1
<br />prOVi.CiE"fi .'o' .
<br />r ~-~ "1 „~ i~C~ ~;+": ~,.C1P? rt ~-~ ''t .., U °.~ `7'L` +' lf~>`uF~ 'a,. ~_ .t a ..
<br />if;%#. Q7' i .
<br />
<br />
|