Springfield daily republic. [volume] (Springfield, O. [Ohio]) 1887-1888, 1888-09-06
Az Ordnance

To assess a special tax ON real estate bound
Ing on Main street. from the west line Of
Market street TO the east line OF Limestone
| street.
skcrIos l. Belt ordained by the council Of
| the city Of Springfield. Onto two thirds OF the
| whole number OF members elected thereto
colearink co That tnsfs & es sna % assessed
| bounding and abutttng on Main street. from
the west line of Market street to the east line
i OF Limestone street. The sums hereinafter
| named for each and e,ery year as specified, to
| wit:
1889 One dollar, rfty- five cents. Two mills and
three hundred ana twrn thousandth
| lS90-0ne dollar, forty nine cents, four mills
\ and one hundred and eight tnou-
sandths Of one i9ilOs
| lssl-One dollar. forty three cents. fve mills
| and eight hundi ed and ninety six thou
sandths OF one 4S5Sst
isyzmOne dollar. thirty-seven cents, seven
mills and siK hundred and eigthty-four
thousandths of one mill 81 31I6Si
ios5-one dollar. thirty one cents, nine mills
and -FOUR hundred and seventy two
,tno1sandfhs Of one mill l:.:.:.:sl Slsia1 ~,
and two hundred and sixty thou
sandths OF one 81 Zblb.
| iSso One dollar. twenty cents, three mills and
| orsy- eight thousaDdths Of oae mill 81 .asO4s
iSso.One dollar. fourteen cents. four mills
and eight hundred and thirty six thou 80,
ssndths OF one mill.....-............:-.s liisst
| lsE-0ne dollar. eight cents, six mills and six
hundred aud twenty-four rhouszndths
OF one Ustb2i
1s9s-0ne dollar, two cents. eight mills and
four hundred and twelve thousandths
| Di
To pay the cost and expense Of improving
Main street. between the points Aforesaid. In
| the manner provided In an ordinance passed
| August l4fh, lsss. together with the interest
| on the bonds issued TO provide fund " pay
| for said Improvement. according 20 the estl-
mate " tie city engineer.
SIC. z. That the On ners OF the several lots
4 of land upuu each fDOt nf which the
/ sums aforesaid are Asse ssed. shall pay the
| amount Of money BY them severally due in
that behalf TO the city clerk ON or before the
| twentieth day following the passage OF this
| ordinance. In each Of the SAID several years.
| and inde. e.au.t OF such payment the said city
| CLERK shall forthwith certify all unpaid assess
, placed upon the tax duplicate and collected
I,Lccording TO law.
SIC that 10 provide fund for the pay
/ m "a. of tine cost and expense OF improving
sasu aain street, the mayor and city clerk be
| and they are hereby authorized TO issue
! twenty (D) bonds Of the city OF Springfield for
the sum OF four hundred and elghty-iye and
| able at the city treasury in one, two, three,
four. nve, six, seven. eight, nine and ten years
/ from the twentieth DAY following the day OF
| the passage Of this ordinance, with interest
| thereon AT the rste OF six per cent. per an
mum. paysble semi annually. said bonds to be
| signed By the Aforesaid officers. sealed with
/ the seal OF the corporation, have the name oi
said street legibIy written or printed upon
them and sold for not less than their par
| value. and the proceeds thereof shall be ap-
| piled TO the payment Of the cost and expense
OF said improvement and TO no other purpose
Whatsoever. and for the payment of the said
bonds and the interest thereon. the revenue
| and faith and ell the real and personal prop
erty of the city are hereby pledged: provided,
that II on or before the sale Of the said bonds
any Of the owners OF property on said Main
| street shall pay the whole Of said ten (l0j in
stailments in cash. less the interest on the
said ten (l0) deferred instAllments, the amount
50 paid In cash shall be paid into the city
treasury to the credit OF the fund to be pro
vided for the payment Of the cost and ex xpense
| of said i'm provement. and the amount Of the
bonds to be issued shall be reduced by deduct
| ing the amount 10 paid in cash from the total
amount Of the fund to be provided. and the
bonds issued shall be to provide the remain
one twentieth ODD Of such remainder and
payable with interest at the times and in the
manner aforesaid.
SEC. 4. That Ut on 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 improve
ment.
SIZE 5. That the said annual assessments
and all portions thereof shall be paid into the
city treasury when collected, and shall be ap-
| piled to the payment Of said bonds and inter-
| to no other purpose whatsoever.
SIC 8. This ordinance shall take effect and
be in force from and after the earliest period
allowed By law.
Passed September 4, A. D. 1888
JAMES A. DICUS, President.
Attest: ]. s. .SHEWALTEk. City Clerk