The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1937-12-10
EMERGENCY ORDINANCE No. ss25

Providing for the issue Of bonds If the Citv of
Hamilton Ohio, in fhe sum of S23t000 in
order % provide a fund for the purpose of
purchasing the necessary materials and sun
plies and to purchase rent equinment. and
TO enniov Iahnr REQUIRED to he furnished by
the City of Hamilton Ohio being for the
City's part of the cost and exnense in
nection with the Work Relief Program
under the Federal Works PROGRESS Admins
tration wherein the Works Progress Admins
tration will furnish part of the cost for
contracting storm drainage. installing catch
basins manholes and appurtenances thereto
including the necessary work inciden FL there
10. sundry streets in he City of Hamilton
Ohio. hereinafter listed and also for the
purpose Of providing fund TO pay the in
terest acrruing said bonds previous TO the
receipt Of taxes from which such interest is
to be ultimately maid. and also determining
70 proceed with the issuing of said bonds in
lot and without issuing notes in antici-
patton thereof
WHEREAS The subject matter contained
herein constitutes an emergency in that it pro-
vides for the immediate preservation Of the pub
lie peace hnalth and safety of the citizens Of
Hamilton Ohio and that in order to permit the
subdivision to nartiSinate IN the work relief
nroqram under the Federal Works PROGRESS
Administration, thereby providing immediate
work for the unemploved, II is necessary that
this LEGISLATION 60 into immediate effect; and
WHEREAS The Federal Works Progress
Administration have approved the project pros
viding for the Improvement Of streets hera-
matter named in this ordinance by construct
inc storm drainage installing catch basins.
manholes and appurtenances thereto and
WHEREAS. This Council has requested the
Director Of Finance to issue his certificates rs
to the estimated life Of the property, assets or
improvement proposed TO be constructed from
proceeds Of the bonds hereinafter referred to.
and the Director of Finance has certified %
this Council such estimated life as exceeding
five years and has further certified the maxi
mum maturity Of such bonds ten years.
THEREFORE. BE TT ORDAINED by the
Council of the City of Hamilton, Ohio:
SECTION l That it is deemed necessary
by the Council of the City Of Hamilton State
of Ohio. to issue and sell bonds Of said City
in the sum of 50 $40 90 in order TO provide
a fund for the purpose of purchasing the neces-
sary materials and supplies, and to purchase
or rent equipment and to employ the labor
required to be furnished by the City Of Hamil-
ton Ohio, being the City's part of the cost
and expense in connection with the work relief
program under the Federal Works PROGRESS
Administration. wherein the Works Progress
Administration will furnish part of the cost
for constructing storm drainage on the fol-
lowing streets in the City of Hamilton, Ohio,
to-wit:
Azel Avenue at west corporation line
Elmont Avenue at Hunt and Franklin Ave-
nues
Main Street at southwest corner Of B Street
South Street at the southwest corner Of
Lincoln Avenue from Kahn Avenue to Park
afno Avenue,
Parkamo Avenue at Lincoln Avenue,
Parrish Avenue from Lincoln Avenue to
Cornell Avenue,
Parrish Avenue Alley at Lincoln Avenue,
and installing catch basins, manhoes and APP
purtenances thereto including the necessary
work incidental thereto. and also for the pur-
pose of providing a fund to pay the interest
accruing said bonds previous to the receipt
of taxes from which such interest is to be
ultimately paid.
SECTION II That it is hereby determined
to proceed with the issue of said bonds in
patton Of the issuance of said bonds.
SECTION III: That bonds of said City of
Hamilton shall be issued in the sum of s2,S40.0O
which amount includes the sum of s52.65 for
interest maturing said bonds previous to
the receipt of taxes from which such interest is
to be ultimately paid for the purpose afore-
said Each of said bonds shall be in the denomi-
nation determined by the Director Of Finance.
Said bonds shall be dated December |, 1887. and
shall be due and payable S234.00 on the lst day
of September in each of the years 1889 to