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<br />An Ordinance ~. '
<br />` Providino for the issuance of notes by the Village of North. Olrr.st ,44 in enti.-
<br />cipation of the issu.�xce of bonds for the- purpose of construction of''a `Fire
<br />House and_`purchasing Fire' Apparatus' and declaring the necessity of the
<br />i ssuance of "bonds for such.` purlx)ses..
<br />Ct1 IW.A,Ss` this council has requested the Village Clerk to 'issue his certi
<br />fa,cate as to the estimated life 'of the irnnrovement to be constructed from t1
<br />proceeds''of the bonds hereinafter referred to and of the notes to be issued in
<br />anticipation: of said bonds and .the _ Village "ClArk has certified to this Council
<br />suoh estimated life as exceediins' °five years and has 'further certified the
<br />maximumi maturity of such bonds as " Thi.rteen,' year`s and two months' and sildl notes
<br />" as two years, andp.
<br />TMREAS, this council contemplates' the use of Sixteen Tho iard`Dollars
<br />of said sum A' the purposA of constructing ,a. non - fireproof building for a
<br />Fire Hovse0 and Twelve ThonRand Five Ynndred Dollars for the purchase of fire
<br />apparatus, and will require, One Thousand Seven Hundred Ten Dollnra to care for
<br />interest` maturing previous to the` reoeipt 'of the 'taxes from which- suali` in-
<br />terest is to be ultimately paid, either unon' sia'ch bonds a " or the notes to b e
<br />issued in anticipation thereof, making Rt total ° aggregate amount of Thirty
<br />r Thoitaand Two Hundred Ten Dollars," 030,210.00,1.
<br />NCUT TIT', R?.FOPM, be it `ordained by'the`Council of the Village of North.
<br />Olmsted, County of Cuyahoga and State of Ohio :_
<br />Section 'l, That it is doomed necessary to 'issue' the bonds of the' Village
<br />of North Olmsted in the prinai »al sum of Two nty- �;ight Thousand. Five Hundred
<br />Dollars ($25;500.00) in' order `to provide a fund for the purpose of construct-
<br />ing a Fire House and for purahasinS fire apparatus for the safety and protee
<br />Lion of the- - inhabitants' thereof.
<br />Section 2. That 'said bonds of the Villa.ge'of North Olmstad,shall be
<br />issued in said -principal 'suit Of $28 500.00)' for the' 1" rrsoep afore+sairt. said w
<br />bonds shall' be' of the denomination of A500.00 and '$1000400 and shall` be dated
<br />April 1, 1929; shall bear interest at the rate , of _ 5•.1/2 f per annum j payable
<br />semi - annually on the first day of 'April and. "the' f first dAy of October of each
<br />year until the principalssum is paid and shall mature in their consecutive
<br />serial order as follotirs;.. ry
<br />1, April 1 19.30 J. • s" e.�1 .a ,..
<br />P s 710.00 21• April 1, 1935 . 0 $ 500.00
<br />2# April Is 1930 :. . , . 1000.00 22. •; April, 1, -- 1935 1000000
<br />3 • oat*.1 Is 1930 9 • 500* 00 23 • Oct1 *7.1 ;1, 1935 0 500.00
<br />4, 2ct�l Is. ::1930 • .. 1000.00, 34•_ ; QCt::. 3,. 1935 •; . .• ' _1000000
<br />5.;, , April -1., 1931. . <. :500.00 ; . 25, ". April .1, ,1936 500600
<br />F,. April 1, 1931. .. * 1000.00 26. ..'April ,l, 1936 63, .' .: 1000.00
<br />7. October 1D _ 1931 500*00 27, October 1, 1936
<br />8*. Octobarl, 1931 .... -.:, 1000.00 28.. October. Is 1936. .- 1000.00
<br />9, April 1,,1932 . •., 500.00 29. April Is 1937 500600
<br />10. <
<br />April 1, 1932 ... 10�?0.00 .. 30•, April 1, 1937. •. e„ 1000 *610.
<br />11... October ;1, 1932, . ; a 500000 31. - October 1, .1937 : ;.. - 5o0.00
<br />12, October, 1, 1932,* . _ 1000a 00 : e 32. -.October 1,. 193? 4 _.1000000
<br />13, _April ., 1933 5000OQ 33. April 1i r 1938 . -. • . ' 500.00
<br />14, April Is 193:1 „ . 1000.00 , 34, April 1.. 1938,0 1000000 +'
<br />150 October Is 1933 '. 500.00,_;,- 35. ;;October. 1, 1938 ... .. 500,00
<br />16• October, 1, 1933. . 1000.00 383 , October is _1938. . 1000,000
<br />17. April 1$ ' 1934. 500.04 37. April Is 1939 „ 500000
<br />113* „April .1, 1934. . :• f` 1000!09 .38. ° Anr11 1, j939,* . ,. . 10I3R00 z
<br />October 1 1934L . '. o . 1
<br />600.00 39. October 1, 1940. e'. 500.00
<br />20, October 1 1934. -
<br />1(300,00 40o October Is 1940 • 1000,00
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