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0882 Ordinance
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0882 Ordinance
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Last modified
2/10/2014 10:54:59 AM
Creation date
2/5/2014 3:56:18 AM
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North Olmsted Legislation
Legislation Number
0882
Legislation Date
4/17/1951
Year
1951
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'iF4C> <br /> <br />4~Il,iRC$ ~®. <br />~~• <br />Aii QBDIliAJ~GB TO PHOV FQS T <br />I~SIIIII~ 4l' ~42BS IJi 4~ICT~'lTItl3 <br />~F i`HB LE~t'~Y Q~"` SF~CIII, ~~TS <br />I~ 7.B TICIPATI4~i OF T>~ I~SDIpG <br />~F $~ Il AiiTI~IPtTTO)!I ~ T,~'S <br />CALI~CTIt SPB~IAt~ 1-S;~!'$~ S <br />Fit TH8 Ili OF J'BR <br />B13 RC1.L3~ BaTTB~~ BIDS <br />l0/t13 Tq L©IIAIB ROAD RY C~iit~CTIlid <br />A ~~ ~ Qll ~~ TlII~LY' SIDR <br />OF' SAID D4Y18 C ROAD}. <br />N1iil~B~1-1R, the Co~eil 0f the 9illsBta at Bortta Ol>esti~ has <br />hereta ori~ i-y legislati~ deeT.ar+ed the aea~rssitg ~` istprotia~g <br />DeTer t~ lO~d~q~t ft~ttersrat l~,dge l~-d t0 I.erain R®ad by +canstruct- <br />iag a c~erete wa23~c ~ the sesterlp side of said Darer Center Road, aid <br />Wei S, this C®~ateil ot~nt eatplates the use of 1BBQ for <br />the ptirp~ase of ps~-'ieg the p®rtioa of said 3.iprv-eaent whiel~a is tQ be <br />paid by assessmsntst. <br />i ~H~'tlRlli, IT mB~AIH.~ BY fRE C4UiiCIL 01c T~ YThLI~l <br />OF FORTH Obl[STBtl, STATE ~.~' Ollt0: <br />Section 1. That it is hereb d~lared neaeatsarar to ia5see <br />:, h©ada~ of the Yi1l.ade oi' »~h. ®l~td ~ the principal sm~it of <br />1#8..4 fgr the l se ®f raisin sf in as~tieipatian oi' the <br />s~olleetios ~~` sp+r+e~aa~-t ~ ~'+~r thin i.~sr~t ©f ~re~r er <br />Road trwaa luttersut Aidde ~ to Drain "R,~ad bT d®na~rtr~ti~ a <br />Crete walk on the stra~t+erly side of said wirer Center Road. <br />S®ati~ ~. That said bonds shall ha oY the des~tinati~t of <br />l~Ot?.44 each.. laceept lC~te first baud which shall lie is thr sea of <br />1149.4A; a3ha,'.l be. dat+~ Apr31 1, lili~?, apd s~,bll bear interest <br />at time rate ©~' mot to eaceed fear plc t psi paya~-le i_ <br />aarc~tal.).~r, om the first dafs of pril and a+sto' sad` aat~ ears ~til <br />tl~e priacipal sna is paid, a~ad shall mature is fire a~ inatall- <br />msnts after their issce. <br />Section 3. that for the P~'Poate of raisa~ s in <br />anticipation of the herrg ©f spe~sal asses is and in ant eipatiQu <br />of the sa~cre cif bondsc in anticipation of toss collection et <br />special asa~a~~as for the 1>rpr+w t of tbs above naawed stmt <br />by evmstr~g treim a cc~crete xalk cs the ares#~trly sills in <br />aeeeriance with the 3.~lgislaticn. heretefora pasawd >!x the '~lla~® <br />Co~+til with respaet thearet© to paf the pr+~~ oerst share of <br />the coast and ez~ 0f amid respectiYe regret, it i s l~stehy <br />glared nea~atsary is issue, and thsr+~ issued, meta yr notes <br />of the ~Ti11a~e al Bah alust im the awe e#' #~ii.4~ ~rhiah shall b+e <br />plated to tl~ cr1t of the l3e'-er Center Si Pgsd. <br />Section ~. That sash anticipatox~- aot~e or aotea~ ist the <br />aaroent aforesaid shal3. b ssued beari~ intsreadt at the rate of three <br />and t~-l~.1t p$r cwt ~~ r ann.~t papabls at the ~turitlI ®f' sRaid <br />nets tar metes; a~aid mote or >~tts aha~], b® dated 8pril 1, 1661, and <br />shall sauce ~ ll~arah .,, ]~~:; such noto or mt-tea3 shall ire eev~d <br />and deliYex~sd 1xt sut:h ~e~'r aa~t such' deaa~tiaas as may be <br />re+~tested bar tt-e purchaser of saki note er mates. <br />Seeti~ ~. Said Hots or sates shall be eze~e~ed bg th® <br />Mayor and the V 13~lae C1erB shall hear lrher veal of the aargeratic~n; <br />they shall btt pay ah a at the office c-f flaw Bash +~f leer®a C~tPsa~', <br />>te~rth almsted Brant:h~, in the 1lillage of ~torth © , Qhi©; they s~-3.1 <br />ezprsss ~~ the3~r fees tie purpose for which they sacs issued and <br />that they are iassxd psrsn~-nt to this ord:Ma~e• <br />.r <br />
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