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OR~zxA~cs ~. ~ ~~~ ,~ t } ~-- ~-~:-,~ ~ AN ORDI~i~AIiCT TO P~t~P7.i~1i l T~ I49~iG ,~_-- A~' R0TR3 IlT AIiTLCZPATI~ ~ T~ I~ O!` ~PIF-CIIL AJ9 TS ~ Ili il~`PICIP~TI t~` Tom. I ~!' SIX t4MTI~I~#tll~l~ t3~' TBI~ 6Ql~,~i6TI0~ E9!' 8P]f~IdL A~~ Tlt~ T8~ :RATI~it~iT !' l't 1118 i~~l[- lilil~ Op' li2I~tTIlifl TQ t.~Pt?SIiT 123 liTCLY ~ dtII~TR~TIIi+~ A WATT . 1lhereas, ~ihe ~-ttsel ei the qty sf ]thrtti 0?auated yes heretates-o, by pyre le~tslatlos, detsralned that the iaproTSSteast of lRsot llsad tsesn tie ~f the eslatlni as#a to a point 12@3 toot nsrthsrly, blr sosstrast-. therela a rater na3an, is xiessssary for the smedate preserrat3~®-a et the p~tblts health, pease, safety asd relfare, and ~hereas~ tit#a Oo~tnel casteaplatea the rose of ~ll,.t~ for the purpose of payf~ rite pertioa ®f said lsprotesent, rhish is to be paid ~ asssssarssts. lP T ~s 1T O~AZ~e BY T~ cO~iCZZ OF THE ez~r OF x08Tx OSd~3TB~t, ;~TATR t'~' i0: 9~~ That it is hereby deelared seceesary t® lase. bonds of the ty orth Q].sated is the prlsspal amt of ~11,000.N for the psrpese of raisfa~ s®aey fps aaticpation of the stillest®a of spesfal as aes sasnts f ®r the #~ erreaest of Root Road fret the emd of the szlat- ime aa3.a to a point 2.2®3 feet a®rtherly, by soastrnetl~ therein a rataa~ naia. 3es oa ,ski That said b®mds shall be ®f the deacaisatiss of ~., .00 eash,~s~te -dated A tit 1, l~i~~, and shall bear atsrest at the rate of sot to ex~eesd fsnar t4~1 per coat per a~ns~, payable sew.-aanaal3.y an the first days of April and October of Bash year t~stil the prseipal ssn is paid, and Shall ^atetre is tea anr~ua7. installoisata after their issuance. ~t~~ ghat for the parposs of raisin; coney is anticipation of the e~ o apesal asseasaests and is antsipatoa of rho ss~nce of beach is antsipatioa ®t the sellectiom of spssial asaessnsats for the epca~saest of the ab®~s aa~ted street by eonetrns#-iaR thersi~ a rhter sole is aseordance ~r3th the leislates heretofore passel. by the pity ~otets-cl rth resp0¢t thereto to pay the property swears ~ share of the Bost and ezpenss of said rsspe~tiTe iuapreve~aaat, it is hereti daelated necessary to issne sad there shall be ias~eed, a®te or aots~ ®f t~ qty of Borth 4lrstsd in the emit of X11, .OA, rhieh shah. be planed to the credit of the B,o©t road 1~ater InproTeaent P'gnd >Eo. 2 is the anoaat sf ® That such aaticpatery sate or notes is the aaotant aforssa s be assed beari~ Interest at a rate n®t szeeedla~ t®ar per east (6~~ per annma payable at the aatsrty of said not. er a®tss;; said note or sates stall be dated as of the date said s®te ar s®tes are sold, and sha].1 eaters on April 1, 1956 ~ snah sate ~ notes shall be ezeentsd and delivered is sack nan~-er sad each dene~sati@ss as say be requested by the purchaser of said note or n®tea: c r 9ald sate or sores shall be ezeeuted by the lia.yor and t s - tp~mditsor; shall bear the asal of the corporates; they shall b• payable at .the office of the liatosal Qity Bank of Ol.eveland, Berth 0lastsd office, in the i~ity of Borth Q1,nsted, Ohi®; they shall szpress upon their face the purpose for thick they ors issued and that they si's issued pursuant to this Qrdiaaace.