The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1938-11-25
ORDINANCE NO. 373s

100000 In order TO prOvaue huho
for the purpose OF purchasing the nec-
essary materials and supplies, and TO
purchase or rent equipment, and TO
employ labor required to be furnished
by the City Of Hamilton, Ohio, being
for the City's part OF the cost ana ex-
pense In connection with the work re-
lief program under the Federal Works
Progress Administration, wherein the
works Progress Administration will
furnish part Of the cost for construct
ing storm drainage. installing catch
basins, manho1es and appurtenances
thereto, including the necessary work
incidental thereto, on sundry streets
and alleys in the City of Hamilton,
Ohio, hereinafter listed, and also for
the purpose of providing a fund to pay
the interest accruing on said bonds
previous to the receipt of taxes from
which such interest Is to be ultimately
paid, and also determining to proceed
with the issuing of said bonds in one
lot and without issuing notes in antici-
patton thereof.
WHEREAS the Federal Works Prog
ress Administration have approved the
project providing for the Improvement
of streets and alleys hereinafter named
in this ordinance by constructing storm
draining, installing catch basins, man
holes and appurtenances thereto;
AND WHEREAS, this Council has re-
Quested the Director of Finance to issue
his certificate as to the estimated life of
the property assets or Improvement pro-
posed to be constructed from proceeds
of the bonds hereinafter referred to, and
the Director of Finance has certified to
this Council such estimated life as ex-
ceedng five years and has further GER
titled the maximum maturity of such
bonds as 25 years.
EREFORE BE 1T ORDAINED by
the Council of the City of Hamilton,
Ohio.
SECTION /: That it is deemed neces-
sary by the Council of the City of Hamil-
ton, State of Ohio, to issue and sell bonds
Of said City in the sum of S62, 100000 in
order to provide a fund for the purpose
of purchasing the necessary materials
and supplies, and to purchase or rent
equipment and to employ the labor re-
quired to be furnished by the City of
Hamilton, Ohio, being the City's part of
the cost and expense in connection with
the work relief program under the Fed
eral Works Progress Administration,
wherein the Works Progress Administra-
tion will furnish part of the cost for
constructing storm drainage on the fol-
lowing streets and alleys in the City of
Hamilton, Ohio, to-wit:
Park Avenue, from Eaton Avenue to
Dick Avenue
Park Avenue, from Progress Avenue
to Eaton Avenue,
Sherman Avenue from Park Avenue
north approximately 35 feet
Progress Avenue from Park Avenue
north approximately so feet,
Mckinley Avenue, from Hunt Avenue
to Baltimore & Ohio r.. r.,
Hunt Avenue Alley B, from Mckinley
Avenue to Mckinley Avenue Alley,
Cleveland Avenue extended from Two
Mile Creek to Haldimand Avenue,
Cleveland Avenue, from Haldimand
Avenue to Webster Avenue,
Haldimand Avenue, from Eaton Ave
nue. to Prytania Avenue Alley,
Ridgelawn Avenue, from Haldimand
Avenue to Cereal Avenue
e Street. from Haldimand Avenue to
Cereal Avenue,
Street, from Haldimand Avenue to
Cereal Avenue,
Progress Avenue, from Haldimand
Avenue to Cereal Avenue,
Cereal Avenue, from F Street TO Sher-
man Avenue,
Webster Avenue from Two Mile Creek
to d Street,
Hunter Avenue, from Cereal Avenue to
Warwick Avenue
Cereal Avenue, from Hunter Avenue to
ID Street,
Summer Street, from Webster Avenue
to Gordon Avenue,
Gordon Avenue, from Summer Street
to ID Street
Warwick Avenue, from b Street to ID
Street
D Street, from Gordon Avenue to Rhea
Avenue,
Rhea Avenue, from D Street to e
Street
Prytania Avenue, from Gray Avenue
to Elyin Avenue,
Cleveland avenue, from GIdy AVENUE
GRAY Avenue, from Cleveland Avenue
to + Street,
B Street Alley, from Gordon Avenue
to Warwick Avenue,
Woodlawn Avenue, from CraWford's
Run Storm Sewer to Pleasant Avenue,
Pleasant Avenue from Woodlawn Ave
nue. west to Woodlawn Avenue east,
WoodlaWn Avenue, from Pleasant Ave
nue. to Madison Avenue,
And various other streets and alleys,
and installing catch basins, manholeS
and appurtenances thereto, including the
necessary work incidental thereto, and
also for the purpose of providing fund
to pay the interest aceruing on said
bonds previous to the receipt of taxes
from which such interest is to be ulti-
mately paid.
mined to proceed with the issue OF said
bonds in one lot and without issuing
notes in anticipation Of the issuance OF
said bonds.
SECTION III: That bonds Of said City
of Hamilton shall be issued in the sum
of S62O00.O0 which amount includes
the sum of 81 10000 for interest matur-
ing on said bonds previous to the receipt
Of taxes from which such interest IS 70
be ultimately paid, for the purpose
aforesaid Each Of said bonds shall be
ia the denomination determined by the
Director of Finance. Said bonds small
be dated December 1, 1888, and shall be
due and payable S8,000.00 ON the lst day
Of October, 1910, and $6,000.00 on the 1st
day of October in each of the years l941
to 1949 both inclusive, which maturitfes
are hereby determined to be In substan-
TALLY equal annual installmentS, and
shall draw interest at the rate OF three
per cent per annum, payable April lst
and October 1st in each year upon pre-
sentation and surrender OF interest cou-
ponS to be attached TO said bonds bear
ing the facsimile signature Of the Di-
rector of Finance.
Said bonds shall be issued, executed
and disposed Of in accordance with the