Springfield daily republic. [volume] (Springfield, O. [Ohio]) 1887-1888, 1888-09-07
An Ordinance

To assess special tax on real estate bound.
ing on Limestone street. from Main street to
the south line of Monroe street.
SECTION l. Be IL ordained by the council of
the city Of Springfield. Ohio. two thirds o: the
whole number OF members elected thereto
concurring). That there be levied and as
land bounding and abutting on Limestone
street, from the south line Of .donroe street to
Main street. the sums hereinafter named
for each and every year ss specified. to wit:
1889 One dollar, fifty-five cents. two mills and
three thousand and seventy. five ten
thousandths Of one mill.....--........s155 1552G75
1880 One dollar, forty cents, four mills
and nine hundred and sixty ten thou, .,
1881 One dollar. I forty three cents, ye mills mills
and eighty-eight hundred aud forty
I'VE ten thoIsandths Of one miil.....;sI4s5ss.5
1892 One dollar. thirty seven cents, Seven
mills and sixty seven hundred and
twsnty-nine ten tfoussndths of one
1888 One dollar. thirty. one cents nine Mill
and forty six hundred and fourteen
ten thousandths Of one mill.-..-.-.,S 3l94614
1884 One dollar, twenty six cents. one mill
and twenty-fou hundred and ninety
nine ten thousandths Of one MILL. 81 26l2439
1895 One dollar. twenty cents. three mills and
three hundred and eighty four ten
1886 One dollar. fourteen cents. four mills and
eighty-two hundred and sixty nine
ten thousandths Of one mill.-.....---.sl 144s269
1897 One dollar. eight cents. s,x mills and
thousandths Of one mill. 81 0s6sl4
1898 One dollar. two cents, eight mills and
four thousand and thirty-hine ten
thousandths OF one mili-....-.........sl02S 02Ss0S9
To pay the cost and expense of improving
Limestone street between the points aforesaid.
In the manner provided In an ordinace passs
on the bords issued TO provide fund to pay
for said improvement. according to the es &
mate Of the city engineer.
SEC. 2. That the owners of the several lots Of
g a front NJ he
Aforesaid are assessed, shall pay the smouat
OF money BY them seyerslly due In that behalf
TO the city clerk on or before the twentieth
In each Of the said several years, and in &C.
fault Of such payment the said city clerk shall
forthwith certify all unpaid assessments to the
county auditor. TO be BY him placed upon the
the tax duplicate and collected according to
law.
SEC. 8. That to provide fund for the pay
aaa IN sae aa & oi
be and they are hereby authorized to issue
ffty (5g) bonds Of the city of Springfield for
the sum Of i've hundred and ninety three aud
forty four hundredths tj9S 100 dollars eacn.
payable at the city treasury In one, two, three.
four. five. six. seven, eight. nine ana ten years
from the twentieth day fol- owing the day OF
thereon at the rate Of six per cent. per annum.
payable semi annually. said bonds to be
signed by the Aforesaid of1cers, sealed with
the seal Of the corporation. have the name Of
said street legibly written or printed upon
them and sold for not less than their par
value, and the proceeds thereof shall be a,
piled to the payment of the cost and expense
Of said improvement and to no other purpose
whatsoever, and lvr the pay .nedt Of the said
bonds and the interest thereon the revenue
and faith ana all the real and personal prop
erty of the city are hereby pledged: provided,
that II on or before the sala of said
bonds any Of the owners Of proper
ty on said Limestone street shall
pay the whole Of said ten (l0J installments IN
cash less the 4 N terest on the said ten flOl d,
ferred installments. the amount so paid in
cash shall be paid into the city treasury to the
credit of the fund to be provided for the pay
ment OF the cost and expense Of said Improve
ment, and the amount Of the bonds to be is-
sued sh all be reduced By deducting the amount
so paid in cash from the total amount OF the
fund TO be provided, and the bonds issued
shall be to provide the remainder Of said
fund. and each bond shall be for one-nftieth
(l-5O OF such remainder. and payable with in
terest At the times and In the manner afore-
said.
SIC 4. That upon the sale Of said bonds the
proceeds thereof shall be placed In the city
treasury and applied to the payment of the
cost and expense of making said improvement.
SIC 5. That the said annual assessments
city treasury when collected, and shall be ap-
piled to the payment Of said bonds and inter
est thereon as the same shall become due. and
TO no other purpose whatsoever.
SIC 6. This ordinance shall take effect and
be IN force from and after the earliest period
allowed by law.
Passed September 4th. A. D.. 1855.
JAMES A. DIcus. President.
Attest: J. s. SHKwALTRs. City Clerk. 2l4m