The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1940-06-14
ORDINANCE NO. 1894

nue.; Park Avenue Alley, from Dicl
Avenue to Edgewood Avenue; Ridge
lawn Avenue Alley, from Rhea Ave
nue. south to its southern terminus a.
st. Peters Church property; e Stree
Alley, from Hhea Avenue to Gray Ave
nue.; Charles Street Alley "A,' from
South Second street to Central Ave
nue.; Progress Avenue Alley, from
Park Avenue to Gray Avenue; Ben
ninghofen Avenue Alley, from Hoover
Avenue to Clinton Avenue; Thirteenth
Street Alley, from Hanover Stree
south to Hanover Street Alley "B"
North d Street, from Cereal Avenue
to it's northern terminus; Jersey Ave
nue., from Fitton Avenue to Woodlawr
Avenue to Hill Road; North Street
from Wayne Avenue to Liberty Ave
nue.; Parrish Avenue, from Lincolr
Avenue to INLAY Avenue; Madison
Avenue, from Hayes Avenue to Noyes
Avenue; Highland Place, from Cereal
Avenue to its northern terminus
Symmes Avenue, from Dixie Highway
to the Baltimore 81 Ohio Railroad Com
pany; Mckinley Avenue, from High
land Avenue Alley to Highland Ave.
nue.; South Fourteenth Street, from
Hanover Street to Long Street, in the
City of Hamilton, Ohio.
WHEREAS, this Council has requested
the Director of Finance to issue his GER
tificate as to the estimated life of the
property assessed
WHEREAS, the Director of Finance
mated life of said improvements to be
at least five years, and has further GER
titled the maximum maturity of the
bonds hereinafter provided for as ten
years; and
WHEREAS, this Council estimates
that tax for said bonds will first APP
pear on the duplicate for the tax year
1910, and that the final tax settlement
with the County Treasurer next follow
ing the inclusion of a tax for this issue
in the annual budget of the County Au-
ditor, as provided by law, will be OBJ
tained not earlier than the 18th day of
NOW THEREFORE, BE 1T OR
DAINED by the Council of the City of
Hamilton State of Ohio:
SECTION /: That for the purpose of
raising money in anticipation of the col
lection of special assessments for the
improvement of z Street Alley, from
Elvin Avenue to Rhea Avenue; Sherman
Avenue Alley, from Elvin Avenue to
Webster Avenue; Park Avenue Alley,
from Dick Avenue to Edgewood Avenue:
Ridgelawn Avenue Alley, from Rhea
Avenue to its southern terminus at st.
Peters Church property: r Street Alley,
from Rhea Avenue to Gray Avenue :;
Charles Street Alley "A" from South
Second Street TO Central Avenue; Prog
ress Avenue Alley. from Park Avenue
to Gray Avenue; Benninghofen Avenue
Alley from Hooven Avenue to Clinton
Avenue; Thirteenth Street Alley, from
Hanover Street south to Hanover Street
Avenue to it's northern terminus; Jersey
Avenue from Fitton Avenue to Wood
lawn Avenue; Fitton Avenue, from
Pleasant Avenue to Hill Road; North b
Street, from Wayne Avenue to Liberty
Avenue; Parrish Avenue, from Lincoln
Avenue to INLAY Avenue; Madison Ave
nue., from Hayes Avenue to Noyes Ave
nue.; Highland Place, from Cereal Ave
nue. to it's northern terminus; Symmes
Avenue, from Dixie Highway to the
Baltimore & Ohio Railroad Company:
Mckinley Avenue, from Highland Ave
nue. Alley to Highland Avenue; South
Fourteenth Street, from Hanover Street
to Long Street, in the City of Hamilton,
Ohio, in accordance with Ordinances
Nos. 1850, 1926, 1907, $705 1909, S519,
3714, 3711, 1882, S679, 1886, S641,
bonds of said city shall be issued to the
amount of $13,697.41 to pay notes pre-
viously issued and about to mature. 1t
is hereby recited and declared that there
has been included in the amount of said
bonds an amount sufficient to pay the
interest thereon until said assessments
are available. Said bonds shall be des-
ignated as Street Alley, Sherman Ave-
nue. Alley Park Avenue Alley Ridge
lawn Avenue Alley, b Street Alley,
Charles Street Alley A Progress Ave-
nue. Alley, Benninghofen Avenue Alley,
Thirteenth Street Alley, North d Street,
Jersey Avenue, Fitton Avenue, North T.
Street, Parrish Avenue, Madison Avenue,
Highland Place SymmeS Avenue, Nc
klnley Avenue, south FOurIeentn street,
property owners portion; shall be in
such denomination as determined by the
Director of Finance; shall be dated July
/, 1940 and shall draw interest at the
rate of three per cent per annum, pay
able semi-annually on the 1st day of
January and July of each year until the
principal sum is paid, upon the preSen-
tation and surrender of interest coupons
to be attached to said bonds bearing the
facsimile signature of the Director of
Finance. Said bonds shall mature as
follows, s1,367.41 on the 1st day of De-
cember, 1941, and s1,370.00 on December
1st in the years 1912 to 1850, both in
elusive, which maturities are hereby de-
termined to be in substantially equal
annual installments.
SECTION II: That said bonds shall be
prepared by the Director of Law, signed
by the City Manager and Director of FL
nance sealed with the corporate seal of
said city, and recorded in the office of
the Sinking Fund Commission: shall eX-
press upon their face the purpose for
which they are issued and the fact that
they are issued pursuant to law and this
ordinance, and shall be payable, both
principal and interest, at the office Of
the Treasurer of the City of Hamilton,
Ohio Said bonds shall be issued ex-
ecuted and disposed of in accordance
with the general laws of the State of
Ohio, particularly the Uniform Bond Act
of the General Code of Ohio, and said
bonds shall bear such consecutive num-
bers as the Director of Finance and the
proper officers of the city snail deter
mine.
SECTION III: That upon the sale of
said bonds any premium and accrued in
terest realized thereon shall be paid to
the Sinking Fund Commission. The par
value realized from the sale of said
bonds shall be placed in the city treas
ury to the credit of the aforesaid fund,
as follows:
E Street Alley, from Elvin Avenue to
Rhea Avenue, $504S2;
Sherman Avenue Alley, from Elvin
Avenue to Webster Avenue, $S32.23;
Park Avenue Alley, from Dick Avenue
to Edgewood Avenue, $911.O5;