The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1853-05-06
WHOLE NO, $50,

purpose as herenbefore. mentioned; ithc
proceedings shall be the same as provi-.
ded IN sections twenly-seyea, twenty.
eight. andslwenlynipe Of tho acl (oFjthe
organization of cities and incorporated
Villages, passed May 3, 1852, bsil1
Sec. 9, That The trustees fofswaier
works, before entering into any contract
for work TO be done, the estimated cost
Of which shall exceed one bundled dolN
lars, they shall cause atsleast two weeks
notice TO be given in one or more daily
newspapers Of general circulation in said
city, that proposals wtll be receWedlby
said Trustees, for The performing Of such
work, which shall be specified in said
notice. and the trustees shall contact
with tie lowest bidder, ifin their opinion
said lowest bidder can be dependodion
10 do the work with ability, promplness
and fidelity, and if such may not be, said
trustees may give such contract toaihe
next lowest bidder, or decline ato,con.
tract and advertise again; said trustees
shall require bond TO be given with good
and sufficient security lOl The faithful
performance Of The work but noJmember
of said board of trustees shnll7 be such
security; nor shall any Of said trustees
be contractor or be in anywise, ether
directly or indirectly interested in any
Of such work to Je oDtrac,ed for; PIo-
vided nevertheless, that IN case Of emer-.
gency, the CITY council Of said city ymay,
BY a vote Of two-ihirds Of ali the mem.
bers elect, authorize said trustees to en-
ter into such contracts without adyeri-
sing 10 meet such emergency. btgl
Sec. 10. The city council of any
city may provide by ordinance for The
appointment Of a suitable number of in.
spectors for all such purposes aslare not
otherwise provided foraby lay, Ondihe
said council shall have power to provide
for issuing ] censes to any such in.pec-
tors and TO regulate the fees to be paid
TO such officer for his services Us such
inspector. 5Bta ss Is ua 90
J Sec. / |. That the city council ofany
city or trustees Of any incorporated vii
lage,. for the purpose of exlending,the
time Of the payment Of any Indebtedness
heretofore incurred, and which. from its
limit of taxation such city or ineorpo.
rated village IS uHaBie ~ pay at its ma
turity, shall have the power TO issue the
bonds ofsucb city OF incorporated village
or borrow money, so as TO change bat
not increase the Indebtedness, in such
amounts, and for such length Of. tine,
and at such ratio of interest as such city
council or trustees OF any incorporated
village, may deem proper, not to exceed
six per centum per annum; and when
such bonds shall have been issued, tax
shall he assessed aud collected sufficient
in amount TO provide sinking fnnd for
their final redemption as provided ia Sec
tion ninety>one Of the tct TO which this
is supple mental. no ees ,as
Sec. IL. That the ninetyieighth Sec
ton of said act, be, and tho same is
hereby so amended as to read as follows:
That the council of any municipal COT
poration shall no, authorize any loan or
appropriation not predicatcd on the re-
venues Of the corporation fol tho current
fiscal year, and shall not authorize anv
order or appropriation OF money when
there is not in the city treasury money
unapproprlaed sufficient to pay such ap.
preparation; and any appropriation other
wise made or authorized, shall be held
and deemed utterly void and ofno effect
as agains, said corporation; Provided,
however, that for the purpose os purcha>
stag necessary grounds and erecting
suitable school buildings for the use Of
public schools, The council of any such
corporation may al the request of the
board of education Of said corporation,
make sufficient appropriation therefor,
and shall have power to borrow money
upon the credit of such corporation
sufficient for the aforesaid purposes, at
such rates Of interest as said council may
deem proper; and for the purpose of per-
feclng such loan, the said council shall
have power TO pledge. the faith orsah
for the payment of both
principal and interest, including the POW.
er 10 levy a tax for The payment Of the
same whenever tue same may become
due, and TO make and execute such
bonds, or other evidences OF debt, and
payable at such lime and places as shall
be agreed upon by the parties so con.
iracting, which said bonds or other eyi,
lences Of debt may be made transferable
md redeempble in such form and at such
lines and places as may be therein de-
'ignaied; and the necessary grounds
shall be procured, and the sad school
hereby authorized shall be cons
under the directions of, and, ia
accordance, with, plan or plans fur
n,shed by the board Of education Of said
corporation; and provided, further, that
The city council Of any city of the FIRST
class shall have power to borrow any
sum Of money not exceeding five hun
dTeds thousand dollars, at such rate of
interest no, exceeding six per cent, per
lnnum, at such dates and upon such
length Of time as the city council Of any