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<br />pri,3�,od ;Ordinance No. �
<br />C�ier�a
<br />e- North Ul usteJ, (1Li11
<br />An ordinance
<br />Providizn - for the issuance of notes by the Village of North Olmsted in anti-
<br />cipRtion of the issuance of bonds for the purpose ,of constructing a Fire
<br />House; a Shelter House in the.-Park; and purchasing Fire Apparatus, and deolar-
<br />ing the necessity of the issuance of bonds for such purposes.
<br />7M,02 AS `this council has requested the Village Clark to issue his certi
<br />ficate as to the estimated life of the. improvement to be constructed from the
<br />proceeds 'of the bonds hereinafter refarred.to and of the-notes-to ibe issued
<br />in t7zticipation of said bonds and the Village Clerk has certified to phis
<br />Council such estimated life.as exceeding five'years and has further certified
<br />the maximum maturity of such bonds as Thirteen Years and two months and such
<br />notes as two years, and,
<br />i "JII?'AS,` this council contemplates the use of Sixteen Thousand Dollars
<br />of said sum-for the: purpose of constructing a non - fireproof buildinU for a
<br />Fire house, and Six Thousand Five hundred Dollars for the -purpose of construct
<br />ins a non-fireproof Shelter House for the Park, -and Tvrelve Thouearid Five Iiun --
<br />dred Dollars for the purchase of fire apparatus, and will require' x1925.00
<br />to care for interest maturing previous to the receipt of the taxes from Which
<br />such interest is to be ultbnately paid, either upon such bonds, or the notes
<br />to be issued in antidipation thereof, making a total aggregate amount of
<br />Thirty- S'i: -c Thous:und Nine Hundred Twenty -Five Dollars, 036,925.00), and
<br />Olmsted, County of,Cuyahoga and State of Ohio -.- of the Villege. of North
<br />NOW TIEMFOIM be it ordained b the Council
<br />North V
<br />Section 1. That it is deemed necessary "to issue the bonds of tjie V llRL-e
<br />of North Olmsted in the principal swn of Thirty -Five Thoiwand Dollars ( „,35,000
<br />in order to provide a fund for the purpose of constructing a Fire house; a
<br />Shelter 'House in the Park; and for purchasing Fire Apparatus for the `safety
<br />and protection of the inhabitants thereof.
<br />Section 2. That said bonds of the Village of .14orth Olmsted shall be
<br />issued in said principal sum of ?35,000.00 for the purpose aforesaid. Said
<br />bonds shall be of the denomination of S850.00 and .A1000.00 and shall be dated
<br />April 1. 1929; shall bear interest at the rate of 5 -1 ,/2�, per annum, payable
<br />semi - annually on the first day of April and the first• day of October of each
<br />year until the principal sum is paid and shall mature in their consecutive serit
<br />order as follows:
<br />1.
<br />Apr.
<br />1,
<br />1930
<br />775.00
<br />21. ,,Apr.
<br />1,
<br />1935
<br />. . .
<br />850.00
<br />2.
<br />Apra
<br />1,
<br />1930.
<br />... 1000.00
<br />22.
<br />Apr.
<br />111
<br />1935
<br />. .:
<br />..>
<br />.1000.00
<br />3.
<br />Oct.
<br />1,-,
<br />1930.
<br />. , 850.00 - ,
<br />...:. 23,
<br />Oct.
<br />1,
<br />,1935
<br />.
<br />1350.00
<br />4,
<br />Oct.
<br />1,
<br />1930.
<br />1000.00
<br />24.
<br />Oct.
<br />1,
<br />1935
<br />. .
<br />lO0G.00
<br />5.
<br />Apr.
<br />1,,,
<br />1931
<br />850.00
<br />25.
<br />Apr.
<br />1,
<br />193G:...
<br />850.00
<br />6.
<br />Apr.
<br />1,
<br />1931
<br />. 1000.00
<br />26.
<br />Apr.
<br />1,
<br />1936
<br />9
<br />1000.00
<br />7.
<br />Oct. °l,
<br />1931
<br />. 850.00
<br />27.
<br />Oct,
<br />1,
<br />1936
<br />.
<br />850.00
<br />8.
<br />Oct.
<br />1,
<br />1931
<br />. 1000.00
<br />28, .
<br />Oct.
<br />1,
<br />1936
<br />.
<br />1000.00
<br />_. 9..
<br />`
<br />Apr.,
<br />1,
<br />1932
<br />. 850.00
<br />29.
<br />Apr.
<br />1,
<br />1937.
<br />...
<br />850600
<br />109
<br />. Apr..
<br />1
<br />1932.
<br />. 1000.00
<br />30.
<br />Apr.
<br />1,
<br />1937.
<br />1000.00
<br />11,
<br />Oct.
<br />1,
<br />1932
<br />. . 850.00
<br />31,;
<br />Oct.
<br />1,1937
<br />...
<br />850000
<br />12.-
<br />1,
<br />1932
<br />. ". 1000.00
<br />32.
<br />Oct,
<br />11P
<br />.1939.
<br />. -..
<br />1000.00
<br />13.
<br />Apr.
<br />'1,
<br />1933.
<br />`. , 850.00
<br />33).'
<br />Apr.
<br />1,
<br />1938
<br />�..
<br />$50.00 .
<br />14.
<br />Air.
<br />1,
<br />1933
<br />. . . 1000.00
<br />34,
<br />Apr.
<br />1,
<br />193$
<br />1000.00
<br />15.
<br />Oct,
<br />1,
<br />1933
<br />. e . 850600
<br />35.
<br />Oct.
<br />1, "193$
<br />850000
<br />16.
<br />,Oct.
<br />1,
<br />1933
<br />. . 1000.00
<br />36.
<br />Oct*
<br />1,
<br />193$
<br />. 6 .
<br />1000.00
<br />17,
<br />Apr.
<br />1,
<br />1934,.
<br />. . 850.00
<br />37. `Apr.
<br />1,
<br />1939
<br />. . 6
<br />850.07
<br />18.
<br />Apr.
<br />1,`1934
<br />. . 1000.00
<br />38.
<br />Apr.
<br />1,
<br />1939.
<br />.
<br />1000.00
<br />190
<br />Oct.
<br />1.0-1934-
<br />. '. $50.00
<br />' 39. -
<br />Oct.
<br />1,
<br />1930,
<br />.'
<br />850.00
<br />20•
<br />Oct.
<br />1,
<br />1934
<br />. . . 1000.00
<br />40•
<br />Oct.
<br />13
<br />1939
<br />1
<br />1000,00
<br />
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