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Y <br />ORDINANCE NO. 866 <br />BY: <br />AN ORDINANCE TO PROVIDE FOR THE <br />ISSUANCE OF.BONDS IN;ANTICIPATION <br />OF THECOLLECTION OF SPECIAL <br />ASSESSMENTS FOR *THE IDIPROV=T <br />OF SILVER.DALE ROAD FROM LORAIN <br />ROAD,TO THE BORTH LINE OF SUBLOT <br />NO. 29 BY CONSTRUCTING THF.,REIN A <br />WATER LINE. <br />BE IT ORDAINED BY THE COUNCIL OFTHE VILLAGE OF NORTH OLMSTED, <br />d <br />STATE OF-OHIO: <br />Section 1. That for the purpose of raising money in <br />k <br />anticipation of the collection of special assessments for the, <br />improvement of Silverdale Road from.Lorain Road to the north line <br />s <br />of Sublo.t No. 29, by constructing therein a Prater line, in accordance <br />with'Ordinance No 786, passed.on the 6th day of.December, 1949, bonds <br />of the Village of North Olmsted,. Ohio,;, shall be issued to the amount <br />of '6300.00 to pay a note previously issued and is now due and payable. <br />Section 2. Said bonds shall be signed by the Mayor and <br />Clerk, bear date of February 1, 1951, and shall be numbered and be <br />due; and payable as follows: <br />Date of Ma.tur Nos. - Amount <br />w <br />October 1,:1952 1 600.00 <br />October 1, -1953 2 600.00 <br />October 1, 1954 3 600.00 <br />{ <br />4 600.00 <br />October 1, 1955 <br />600. <br />October 1, 1956 5 00 <br />6 600.00 <br />October 1, 1957 <br />7 600.00 <br />October 1, 1958 <br />'4 <br />8 600;00 <br />October 1, 1959 <br />600.00 <br />October 1, 1960 <br />October 1, 1961 10 900.00 <br />it is hereby determined that the above maturities are in <br />sub st ant ially equal annual installments* <br />Said bonds shall be of the denomination of X600.00 each, <br />f, <br />exc ept Bond No. 10 vrhich shall be in the denomination oa900.00; <br />CIS <br />F <br />3 <br />