Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1854-06-30
AN ACT
INo. SOL

No 59l AN ACT
To amend an act entitled AN act to pro-
vide for the organization of cities and in.
corporated villages and the act amen
datory thereto, passed March llth, 1859
Sec. l. Be it enacted by the General
Assembly Of the State of Ohio. That Sec
don fourteenth, of said amendatory act, be
so amended as to read as follows: Sec. Ia.
ANY Incorporated city. whether of the first
or second class, shall have power for COM
mercial purposes, when in the judgement
of the city council, the interests of such city
requires the same to be done, to construct,
open, ezcavate, improve, enlarge or extend
any canal, ship channel or water course, loca-
ted within the limits of such city, and which
is not owned in whole or in part by the State
or by any company, or individual, authoriz-
ed law to construct the same, and shall
have power likewise 10 light the same, and
TO keep the same in proper repair and for
the purpose of defraying the expenses
thereof; such city council may assess
charge upon the lots or parcels of land,
through or along which such canal,
ship channel or water course may
pass, or which may be improved thereby,
or upon the owners of the same such charge
to be in proportion to the foot front of such
lots, or parcels of land, or to the value Of the
same, as entered upon the duplicate of the
proper county for taxation, and such charge
shall be collected in the manner provided
for the collection of other taxes, imposed
by such city council, either all in one year,
or by installments each year, for any num-
Der of years, not exceeding four years, as
shall be directed by said city council, and
to enable the city council to enter at once
upon such improvements such city council
are hereby authorized 10 borrow any sum
not exceeping ten thousand dollars, at
rate Of interest not exceeding-seven per
cent, per annurn, and to issue its bonds or
other evidences of Indebtedness therefor,
payable at such time or times not exceed
ing five years from the date of such assess
ment, with annual interest, at a rate not grea
ter than aforesaid, as such city council may
deem advisable; and the amount so assess
ed and collected, as aforesaid, shall be ap-
propriated exclusively to the payment Of
the sums SO borrowed; and that said origi-
nal section fourteen be, and the same is
hereby repealed.
Sec. 2. That whenever it shall, in the
estimation of such city council, be deemed
expedient to purchase or appropriate lands
for the purpose Of constructing, opening,
extending, enlarging, or ortherwise improv-
ing such canal, ship chanel. or water course,
they are hereby authorized to make such
purchase. or TO cause such appropriation to
be made in the manner provided by law,
and to assess general tax upon all taxable
property Of such city for tue purpose Of de-
fraying the expenses of such purchase, or
Of such appropriation, the same to be levied
all one year, or by successive installments.
for series of years not exceeding ten
years. at the option ofsaid city council; and
in order to meet such expense at once,
they are hereby authorized to borrow the
necessary amount. at rate of interest not
exce eding eight per sent, per annum. and
to issue their bonds Of Indebtedness there
for, payable at such times, not exceeding
Ten years from the date of such purchase
or appropriation, as such city council shall
deem proper; and the proceeds of such tax
shall be appropriated exclusively to the
payment of ihe sum or sums SO borrowed,
as last aforesaid.
Sec. 8. No order Of such city council
as aforesaid, for constructing. excavating,
opening enlarging, extending or improving
such canal, ship channel, or water course,
shall be made except on the petition oftwo-
thirds of the resident owners Of the lots
of land through or by which said canal,
ship channel. or water-course shall pass.
F.C. LIE BLOND.
Speaker Of the house Of Reps
~ JAMES MYERS,
President Of the Senate.
April 30. 1854