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<br />C)R'JINt;?ICE N0.
<br />p,r( ORT)114ANC,h; i;Ui HORiZ'_i4C1 TME IS5{.J.ANCE C)F B'JI1DS BY TITF;
<br />CI'7?y tlk ;VOR'i'ti OIMSTED, OH?t?. IN ANTICIPATION 0F 't''iE
<br />COITF1;'CION (;P' SPECZ:AL A67ESSMFN"I'S HER'r'.`?'OFURE: f.z:VTrD '?%
<br />PAY `,.IiL !1SSES-IBLc: P(7RTTON C7F TM? C7ST OF CONS'?'RUCTIAIG
<br />SEWF:FtS IN Cr.R`?:AIDi S,iRa,`I.-? COMPRISED ZN CO?i'I'R.A.GTS
<br />4, 4A, 7, b AND e, AND DFCiJkRING AN EMERGENCY
<br />WH?:R:F?,AS, ^ouncil haG heretofore Laker_ all requisite pmceedi ?gersr sthe her?t?hex?eof
<br />of the improver:ien': s ar.,d -;t,e lew of ? s se s sment, s f or the prc?perty
<br />YaereizzaftPr aescribeei; ar.ci
<br />W?,?T?;A;, na?es have b!'en issued in ant.icipetion of the bonds herein euthorizec?
<br />and. are about to mat;zre; and
<br />WW-;Rh;,qS, t7e Director of Finzince ss fisca7_ officer of thi.s C:fty, hms heretofore
<br />certifiec. r,he est:ima*?u life of. imp"oveme?t Find the maxirnum maturity of the bonds
<br />-presrnosed..to be tsaued, 'r-wit, '.wpnt:'r ,-ears;
<br />N(i, `:?i:.RF?P.?;, F?L: I'?' ?RL?A?NEI7 ??_r ?.he C`ouncil of +he Ci.t?,y of Idortk! Ol.msted, Ohia:
<br />Section i. '!'ha 4I{:. i? rzPren?? c%e^iaxed necessar,y to issue bor.ds of the C3tY of
<br />Nori,h 01.msted, Opio, in -.ne prir.cipaI Pmcunt of p1,277,115 ir_ ar.tic:ipetian of the
<br />colleci,ion of sUecLs_l. essessments rieretofore l.evied to pa,y the assessible portion of
<br />t;he cos`t of constz•uctirg sanita ry serrers in ;,he several etreets described in Ordinance
<br />Nn. 62-5 passec3 J$nuary 2. }.96,? to au+horize k:he notea hereinabove recited snd all
<br />camprised in Contrqci;s 4, ?+A. a'yi "or the constructi.on thereof and for Rrai?ch
<br />? ' 6?-2'7°7
<br />assessments ?^.eve beer?: 1_evi_?'d ;?y r??rd?inance , 1Vas. E??-2'7i?, 64-2"j5, 6?-2?6,
<br />{?4_27?9 all passed oc; November 17, lyf-4; ent ?,r) retire outstar.ding no?.es issued in
<br />anticipat:ion ?hereaf.
<br />SeCt- 10*i 2.. `Tr17e S81d b0:]}1s ;=.ha1.?. bE 3£1tCd FebZ'LlF3Z'y 1y 196';>, 3Y<all ?e isSUed 1T1
<br />such denond.,a'•ian:: es the pur+,haser mwy request bui subject n1.ue,ys to the requirements
<br />of t;he •;,91,u_ i°, Nche.dule herei.naf,.?r ne':. forth, Hs adjusted .1foraaditioaial cash pa,ytaent
<br />oi' asses??r?E?t?` s, and aha'_1 benr i.n',erect s?- `he rat;e of three a,.Gl one-half per centum
<br />per annum. Tfivable ae?!.arLnual.l,r rr. ±hE. 4firs+ day of June and the fi.rs t cie,Y of Deceiaber
<br />of each Y-ear beginr?np ):ine IL, 1061i, ;.nt;i]_ the princigal sum is paid, as evidenced by
<br />the COupoIiS rhere.,; providecl. hovever, that if the bonda are sol:d bearing
<br />Co a different, ?£3 te n°. interesti than ne ?oe ir. specified, such bonds she11 bear such
<br />rate of tn`eresy: as m.ay be provided i:R the res.o;_atic+n of?o?i unci??eFPr?svfv?ltithe ws.award
<br />t'?erec,f, ,?.lic n ^„r?ds shO tl mat;ure :ir. .;reir ?:?ttrisecu:.ive ,P _
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<br />ea--?1 o` t.,-,e vears 1.966 to 1970, bor,h inclusive; and
<br />'< <?trJ ???1 :?'??W?;,N; ? ;?. P??c?•. ??: ??f> v?"ars )71 4-,0 1?85, t,oth incluaive;
<br />F;H?etV 1'iTtl:?' 1b4''. i2t SL123St:8II'?19'_-IY eQ1181 t9Y1T)Y181 iASt81lS71eII:8.
<br />`.,ic7L4lJ1C88?? j?Fl'.'II'Tlt- of :.tle 858@$82D@Tlt3
<br />• j p
<br />In ?. cie ?ven` -)#' r: P
<br /><l^,+ ' • ' :it TI(1[i°t? T`f: h ,.;3I1.`i &Il(: rSlo:.:iTj t.; i4S th@T'?.'Of
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