The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1940-10-11
EMERGENCY ORDINANCE NO. 4o4s
Providing for the issuance of bonds in
anticipation of the collection of delin-
nuent taxes for moor relief.


quent taxes for poor relief.
WHEREAS, the General Assembly Of
Ohio by the enactment of Section 2293-43
of the General Code of Ohio has provided
authority for political subdivisions of
the state to issue bonds in anticipation
of the collection of delinquent taxes in
payment of indebtedness and for poor
relief: and
WHEREAS, the City has made appli-
cation to the Board Of Tax Appeals of
the Department of Taxation of Ohio for
authority. to issue bonds under the pro-
visions of said statute; and
WHEREAS, the Board Of Tax Appeals
of the Department of Taxation has made
its finding and determination in the fol-
lowing form, to-Wit:
I'm the matter of the applica-
tion of Hamilton City, Ohio,
for authority to issue bonds
in anticipation of the collec-
tion of delinquent taxes (Sec-
tion 2293-43, General Code).
The Board of Tax Appeals of the
Department of Taxation came on this
day to consider the application of Ham
ilton City, Butler County Ohio. for au-
thority to issue bonds, in the amount of
Twenty-Five Thousand ($25,o00.OO) Dol
lars, in anticipation of the collection of
delinquent taxes due said city, in order
to provide funds for poor relief for the
fiscal year 1910. as authorized and pro-
vided for by Section 2293-43, General
Code
Said application was accompanied by
a statement of the fiscal officer of Ham
ilton City, Ohio, prepared from the rec
ords of the city and certified by said Of
ficer under oath, and by certificate of
the County Auditor of Butler County
showing the total amount of delinquent
taxes due and unpaid to Hamilton City
at the last semi-annual tax settlements,
as provided for in said section of the
General Code.
The Board of Tax Appeals of the De-
partment of Taxation, after due consid-
Grafton of said application and upon ex-
| ,i1,lt Ion of -t1 tor ant n
submitted in connection herewith, funds
that said proposed issue of bonds, in the
amount of twenty-five Thousand $50
900 00) Dollars, requested in and by said
net unoblgated delinquent taxes due and
owing to said city, and the Board of Tax
Appeals of the Department of Taxation
does hereby accordingly grant to Ham
ilton City, Ohio authority to issue bonds,
in the amount of Twenty five Thousand
($25, ,000.00) Dollars. pursuant to the au-
thority of said section of the General
Code and subject to the conditions and
restrictions therein contained.
II hereby certify the forego-
ing to be true and correct
copy of the action of the
Board of Tax Appeals of the
Department of Taxation, this
day taken, with respect to the
above matter.
(seaD Harry ]. Rose,
Secretary"
AND WHEREAS it is necessary that
funds be provided Immediately in order
to meet the necessary requirements of
the city for poor relief and for the i'm
mediate preservation of the public peace,
property, health and safety.
THEREFORE, BE 1T ORDAINED by
the Council of the City of Hamilton,
Ohio:
SECTION I: That it is deemed neces-
sary by the Council of the City of Ham
ilton, State of Ohio to issue and sell
bonds of said city in the sum of Twenty
| five Thousand Dollars ($25,00000) in
order to provide a fund for poor relief
| in said city.
| SECTION II: That it is hereby deter
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 $25,000.00 and sold for the purpose
aforesaid. Each of said bonds shall be
! in the denomination determined by the
Director of Finance Said bonds shall
be dated October /, 1910, and shall be
due and payable 100000 on the 1st day
of October in each of the years 1912 to
| 1916, both inclusive which maturities
are hereby determined to be in substan-
| TALLY equal annual installments, and
shall draw interest at the rate of one
| and one-half per cent per annum, pay