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in accordance with the plans and specifications therefor, and of levying a
<br />special assessment upon the property abutting on said road to pay for said
<br />improvement, all in strict conformity to law, and,
<br />VllEEAS, the notes, issued in anticipation of the issuance of the bonds
<br />hereinafter referred to, are about to fall due, and,
<br />IMPEAS, this Council has requested the Village.Clerk to issue his cer-
<br />tificate as to the estimated life of said improvement proposed to be con -
<br />strueted from the proceeds from the bonds hereinafter, referred to and the
<br />Village Clerk has certified to this Council such estimated life as eight
<br />years and has further certified the maximum maturity of such bonds a
<br />a , 0 eIF:ht years, and.,
<br />ly WHEREAS, this Council estimates that a tax for said bonds will first
<br />appear upon the duplicate for the tax year 19,30, , and the final tax
<br />settlement with the County Treasurer next ?571ow�ing the inclusion of a tax
<br />for this issue in the annual budget of the County Auditor, as provided by
<br />law will be obtained not earlier than the first days of September 19 31
<br />and will require $ 210.85 for interest until suchrtaxes are col -
<br />lected and available,
<br />NOW THEREFORE, be it ordained by the Council of the Village of t.,ort }, Olmsted
<br />State of Ohio, two - thirds of the members elected thereto being present and
<br />concurring:-
<br />Section I. That for the purpose of raising money in anticipation of the
<br />c,W—, 0 r, a .. . . x
<br />1
<br />1 ..'. F -. ,1 i,tiL Lit �4 i •`
<br />,,30
<br />C) )�
<br />✓ I.'.I < I'' 'Ordinance No. 318
<br />Dewey Road from Lorain Ro-xd to the .lvortherly end thereof
<br />I i ,r r � i I' I'.1 E'alt� _
<br />dt. V, v 1 I l L i'- i�eU, 111 �..�J�:c�
<br />iG� �7rdi;;ance
<br />in the Village of North Olmsted by grading, draining; and s_ 1�_ir_g wane
<br />liy i[ Cuu��c.;l ai: t�;zl:l Vlua�;e
<br />Mr. Biddtalph
<br />bonds of said Village shall be 'issued
<br />in the amount o? Four Thousand Forty -Four and 55100 Dollars
<br />�.An,Ordinan/y�e -in.,i�:a, (,1 ,
<br />�ilE 7 illfl�� Ql 1`UA 141 l A
<br />Gw400 4.55) of which Three Thousand Eight Hundred
<br />JF.anla
<br />* k * * k * k # * * * * * * * * * * * * .* k *
<br />* # * * * # * * * * #
<br />To issue bonds in anticipation of the collection of
<br />the Special Assessment
<br />for the improvement of Devcy Road from Lorain Road
<br />to the lZorthorly end
<br />thereof by grading, draining and slagging same.
<br />- is the interest for one year thereon.
<br />IMIMAS, the Council of the Village of forth; Olrtted , Ohio, has here-
<br />tofore by resolution duly adopted on the 3 day of April
<br />T iproveir ,ent Bonds" shall be'of the denomina-
<br />declared the necessity to improve Dewey .x from oa f m
<br />Lorain Road to -the
<br />tion of 800.00 each except the first bond which shall be L5 ;
<br />}northerly end thereof in the Village of
<br />north Olmsted by
<br />shall be dated October 1, 19 29;,shall draw ipterest at the rate of 5 -1 2
<br />grading ;, d raa. nir�g and slagging same
<br />E
<br />in accordance with the plans and specifications therefor, and of levying a
<br />special assessment upon the property abutting on said road to pay for said
<br />improvement, all in strict conformity to law, and,
<br />VllEEAS, the notes, issued in anticipation of the issuance of the bonds
<br />hereinafter referred to, are about to fall due, and,
<br />IMPEAS, this Council has requested the Village.Clerk to issue his cer-
<br />tificate as to the estimated life of said improvement proposed to be con -
<br />strueted from the proceeds from the bonds hereinafter, referred to and the
<br />Village Clerk has certified to this Council such estimated life as eight
<br />years and has further certified the maximum maturity of such bonds a
<br />a , 0 eIF:ht years, and.,
<br />ly WHEREAS, this Council estimates that a tax for said bonds will first
<br />appear upon the duplicate for the tax year 19,30, , and the final tax
<br />settlement with the County Treasurer next ?571ow�ing the inclusion of a tax
<br />for this issue in the annual budget of the County Auditor, as provided by
<br />law will be obtained not earlier than the first days of September 19 31
<br />and will require $ 210.85 for interest until suchrtaxes are col -
<br />lected and available,
<br />NOW THEREFORE, be it ordained by the Council of the Village of t.,ort }, Olmsted
<br />State of Ohio, two - thirds of the members elected thereto being present and
<br />concurring:-
<br />Section I. That for the purpose of raising money in anticipation of the
<br />le and collect
<br />levy ion of Special Assessment for the improving of
<br />Dewey Road from Lorain Ro-xd to the .lvortherly end thereof
<br />in the Village of North Olmsted by grading, draining; and s_ 1�_ir_g wane
<br />bonds of said Village shall be 'issued
<br />in the amount o? Four Thousand Forty -Four and 55100 Dollars
<br />Gw400 4.55) of which Three Thousand Eight Hundred
<br />Thirty - Three a.rfl 70%100 Dollars (Nv3,833.70)
<br />is the estimated cost of said improvement according to report of Engineer and
<br />eo 1u�xred Ten -Dollars
<br />x210.85) =
<br />- is the interest for one year thereon.
<br />Section 2. Said bonds shall be designated as the "Deirey Road Slap,.71rn
<br />T iproveir ,ent Bonds" shall be'of the denomina-
<br />tion of 800.00 each except the first bond which shall be L5 ;
<br />shall be dated October 1, 19 29;,shall draw ipterest at the rate of 5 -1 2
<br />per.centum per annum payable semi - annually on the first days of, April and
<br />October in each year, until presentation and surrender of interest coupons to
<br />'attached
<br />be to said bonds bearing the facsimile ,signature of the Clerk and
<br />shall be due and payable as follows:-
<br />
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