04-04-1922 to 12-31-1929 Ordinance 074 to 319

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a E $r COW Section 8. That for the purpose of providing the necessary funds to. pay the interest on the foregoing issue of bonds promptly when and as the J same falls due, and also to create and maintain a sinking fund sufficient to discharge the j said bonds at maturity, there shall be, and is hereby levied on all the taxable property of the Village of Horth Olm3ted in addition to all other taxes, a direct tax annually dur ng a perio or- which..said bonds are to -run in an amount sufficient to provide for any deficiency in the levy, payment or, collection of said assessments as the same fall due. That said tax shall be and is hereby ordered computed, certified, levied and extended upon the tax duplicate and collected by the same of- ficer, n ;:he same manner and at the same time that the taxes for general purp ,3ses for ' each of said years are certified, extended and collected. That all funds derived from said tax levies hereby required,'shall be placed in a separate and distinct fund, which�'together with all interest col.leeteO. on the same sl-all be irrevocably pledged fc~ the payment of the inter (-st an(a p:.incip,%l .)f ;aid bonds when and as the same fall due.. Section 1. This Ordinance anall take effect and be in force from and 0) after the earliest .period allov;ed by law. Read the first time Decciaber 17, 1929 Moved by Mr... Biddulph seconded. by. Mr. Christman that the sta.tuto; y rule be suspended and that Ordinance No.. 312 be read imme- diete3y the second and third times and put 'upon its pasEago. The affirma- tive rote on said motion was as follows; - Biddulph, Bidwell$ Christman, Schindler, Seltzer, Stine. Theruupon the Ordinance was read the second and - third times and put upon its passage and the affirmative vote thereon was as follows;- Biddulph, Bidwell,` Christman, Schindler Seltzer,` Stine. Ordinance passed Decerber 17,,1929 i Approved and signed by the Mayor, Decetber �7, 1929 +r C oil Mayor. �. ?r J L { r- { `i 71 i