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.;fv.,.? <br />Mour.cloN rro. oil _. <br />; DETEM03M To sunnr To THE ErEMBs oF TEE crrY or <br />xoRrrn oIMTXD THE QMTIox oF zsscrnia eoOIDs YOft TEE <br />PUFtPOSE OF PAYD9iCC TAE P'ROPFR'rY OWlUR9' POt'PION AIID <br />TIM CITY' 8 P0RPION OF T8E COB'P OF CONBTWCTDl0 A NT1tI- <br />CIPAL 3ANI'PARY 8EWERAGE COLI.DCT10l1 A1fD DIBP08AL 3Y8T11. <br />BE IT EMLVSD by the Council oi the City o! lrorth Olsated, Cuyehoge <br />Couuty, Ohio: <br />Section l. That for the purpoae of paying the property ownere' por- <br />tion aad the City'a portion of the coat of coaatructing e auaicipal amitory <br />acworoge collection and a3Qpoaal ayrotaa, it ia neceaaary to isaue bonds of <br />aaid City in un omouat catimotcd ot $602321850; oad thot it is ncccoaary to <br />levy a tax outoide of the conaLitutional tea miU tauc liaitotion to pey the <br />intcroct on wd to retire said bonda; tbat the question of isauing said bonda <br />aad of levying aucn tax aball bo auboittcd to the electors or aeiQ City at <br />the rEgular Ibvcmbcr clection to be held on Noreeber 4, 190; tbat Council <br />catimatoa that the cpproximatc datc of caid borda vi1l bo Jaauaty l, 1959; <br />t2wt ccid bonda `rill bc poid in tventy aaauo). inatel7.meACt• netur'ing ia sub- <br />stauitial],y oQual aoounta during o period of tvrepty yearo ai'ter the autDorizstion <br />thercof, and will bcor interaat at o rate nov eetlmt?ed et three aad one-hali' <br />pcr ceutum per aantan, peyable aemi-annua].ly. <br />8ectioa 2. That the Clerk bo and ho is hereby directed to certity a <br />copy of thio rcaolution Lo the Auditor oS Cuystioga OountY !or bia calculation <br />of the evoroQe annual tax levy required througbout the 11te.of the boada to <br />pay the interect on arid to rctire aaid bonda, osauoing t.hst tbey aro all iaaued <br />in onc acrioa and that the amunt of the tax liot of this City ramsiaa the cme <br />througtwut the 11la.oP ouid bonda. <br /> <br />Section`3. TLia reoolutioa obe]1 bo in iull. lorce ead e!leet lroa <br />o¢ lr/wUoLaty after its peasage aad epprowa by t.he Meyror. <br />1958 . <br />, i <br />lcr of uacil 7ijiv <br />Filed WiLh <br />the Mayor <br />,-- t <br />i ?+,A0* <br />9 <br /> <br />? <br /> <br /> <br />, r