Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-08-25

grand duplicate and collected as v,..er
taxes are collected.
Section 3. That to provide a fund for
the payment of the portion of the cost
and expenses for when the special assess
ment herein are levied for the improve
ment of Front street as aforesaid, the
Mayor and the Clerk be and they are
hereby authorized to Issue bonds of the
Incorporated Village of Perrysburg,
and and hfty-one dollars and twelve
cents &9,05ll2), payable at the Fourth
National Bank, of the city of New York,
State of New York, of which bonds,
Bond No. !, in the sum of eleven hum
dred and thirty-one dollars and thirty
nine cents &l,l3l.39, shall be payable on
the first day of September, 1906, and
Bond No. ?, in the sum of eleven nun
dred ana thirty-one dollars and thirty
nine cents u,l3l3Y shall be payable one
year after said last mentioned date, ana
Bond No. 3, in the sum OF eleven hum
dred and thlrty-one dollars and thirty
nine cents &l,131.39), shall be payable two
years after said last mentioned date, ana
Bond No. 4, in the sum of eleven hun
eddr and thirty-one dollars and thirty
nine cents Isl, 1880, shall be payable
date, and Bond No. 8, in the sum of
eleven hundred and thirty-one dollars
and thirty-nine cents &llSl.S9, shall be
payable four years after said last men
toned date and Bond No. g. in the sum
of eleven hundred anu thirty-one dollars
and thirty-nine cents Gl,l3l,39 shall be
payable five years after said last men
toned date, and Bond No. Z, in the sum
of eleven hundred and thirty-one dol
lars and thirty-nine cents Isl, 3l.39) shall
be payable six years after said last men
toned date and Bond No. s, in the sum
OF eleven hundred and thirty-one dollars
and thirty-nne cents Gl,13l.3O shall be
payable seven CD years after said last
mentioned date, with interest on said
bonds at the rate of five (5) per cent per
annum, payable semi,annually. Saau
bonds to be signed by the aforesaid Off
GERS, and sold by them as provided by
law and the proceeds thereof shall be
applied to the payment of the costs and
expenses of said Improvement as afore-
said, and to no other purpose whateVeri
and for the payment of said bonds, ana
the interest thereon, the revenue and
faith and all tie real and personal prop
erty of the Village of Perrysburg, ONO,
within the said thirty 600 days after the
first publication of this ordinance, any OF
the owners of the said lots shall pay
their total assessments in cash, the ag-
gregate sum in bonds to be issued shail
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 severally reduced III
Section 4, That upon the sale OF sa'u
bonds the proceeds Thereon, together
with the moneys received, If any, from
the cash payments of assessments, shall
be placed in the village treasury, and
dsbursed upon the proper vouchers in
| payment of the costs and expense of the
| Improvement aforesaid.
Section o. That the said annual assess
ments, and all portions thereof, shall be
applied to the payment OF SAID bonds
and the interest thereon as the same
shall become due, and to no other pur-
pG Section 6. THAT this ordinance shall
take effect and be in force from and
after the earliest period allowed by law
Approved Il. l.. KlNGSBURY, Mayor.
Attest: i. NJ. FRANEY, Clerk.