The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1920-04-02
A RESOLUTION.

A RESOLUTION providing that there
be submitted to the electors OF the In.
corporated Village Of Medina, Ohio, at
the Primary election to os s7.h nag dov an@ az
April A. D. 1920. the proposition OF
exempting from the limitations OF Sec.
tions 5649-2, 5649-3a and 5649-5b OF
the General Code Of Ohio, all subse-
quent levies for interest and sinking
fund purposes on account Of the bond
ed indebtedness Of said Village, to-wit,
on account Of the bonds Of said Viiiage
issued and sold prior to-January 20th.
1920, and coming due and payable
thereafter and which are payable OUT
Of the funds of said Village deriveo
be hereafter levied and collected for
the payment of said bonds and the
'nisEsi1 Be IT RESOLVED by the Council Of
the Incorporated Village of Medina,
Ohio Wo thirds n1sssnt OF and dne
Section /. That whereas the said In
corporated Village Of Medina, Ohio.
having q bonded indebtedness ON Janu-
ary 10Th A. p 1ss9 e9s an and
Becoming due and payable out OF the
funds of said Village derived and to be
derived and hereafter coming into the
Village Treasury from the proceeds OF
taxes levied or to be levied for the pay
Inent Of said bonds and the interest
and payable; that the amount Of taxes
that may be raised by the levy of taxes
within said taxing district at the max
imum rate authorized by Sections
564s-2, 5649-3aaand 5649,5b ct the Gen.
that It is expedisnt to levy taxes at
rate in excess f the said maximum
rate authorized Ny law.
Section 2. That there be submitted
to the electors of the said Incorporated
Village Of Medina; Ohio. at the ths 4haraan prima,
on the 9th day Of Apri! A. D. ls2o
limitations of Sections 5649-2, 5649-3a
and 5649-5b Of the General Code OF
Ohio, all subsequent levies for interest
Of the Aforesaid bonded Indebtedness
Of the said Village Of Medina. Ohio.
Section 3. That the rate Of taxes
that will be required for interest and
sinking fund purposes in the next sue
eeeding year on the basis saaS Of $ fne bs aup tMo
and one half mills, and that the ex-
emption of said limitations Of said tax
levies in said taxing district shall ex-
tend to and be in force and effect TOR
a period Of ten years commencing
Section 4. That the electors Of the
said Incorporated village Of Medina,
Ohio, voting at said election on the
proposition aforesaid. shall have prin-
ted on their ballots for the aforesaid
purpose. the following, viz:
"For exempting interest and
sinking fund levies on account
Of outstanding bonds from all
"For exempting interest and
sinking fund levies on account
Of outstanding bonds from all
ir tax limitations, mo-
Section S. That the Clerk be and
hereby is authorized and directed to
cause a certified copy Of this Resolu.
ton to be duly certified to the Board
Of Deputy State Supervisors of Elec-
tions in and for Medina county, Ohio.
and that said Clerk cause notice Of
said election to be published once a
b to said election in the Medina Gazette
and Medina Sentinel, two newspapers
OF opposite politics published and Of
general circulation in said taxing dis
trict. s
gency measure necessary for the i'm
q mediate preservation Of the public
health. peace and safety Of said vii
1age and the inhabitants thereof, and
shall go into immediate effect, and for
the reason that said Village has not
now suficient funds or income from
taxes that may be levied and assessed
wherewith to pay its indebtedness and
make numerous necessary improve
ments necessary for the immediate
preservation Of the public peace
health and safety Of said Village and
the inhabitants thereof
Section Z. That this resolution shall
be in full force and effect from and af-
ter the earliest period allowed by law
Passed March 24th. A. d. 1890.
RI. n. HARTZOG.
Attest, w. p. Ainsworth, Clerk. 31-l
hereby certify that the foregoing
ID a true and correct copy Of q resolu-
n ttion duly passed by the Council on the
u 24th day Of March A. D. 1890.
w. r. AIN6WORTH..
M a1.2t Clerk