The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1940-12-27


Elvin Avenue Alley, from Cleveland
Avenue to Cleveland Avenue Alley;
Eleventh Street Alley, from Hanover
Street to Long Street; Ridgelawn Ave-
nue. Alley, from Rhea Avenue to Gray
Avenue; Hooven Avenue Alley, from
Benninghofen Avenue east to the west
line of Lots 10566 and 10589 in the
ohio; weller Avenue Alley, from Mad
ison Avenue to Van Hook Avenue; /;
Webster Avenue Alley, from Hunter
Avenue to North ID Street; Laurel Ave-
nue. Alley, from Madison Avenue to
Van Hook Avenue; and Wayne Avenue
Alley, from G Street to d Street, In
the City Of Hamilton, Ohio.
WHEREAS, this Council has requested
the Director of Finance to issue ,!s his Ger. .h
tificate as to the estimated life of the
property assessed and
WHEREAS, the Director of Finance
has certified to this Council the estl-
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
that tax for said bonds will first ap
pear on the duplicate for the tax year
1871, and that the final tax settlement
with the County Treasurer next follow
ing the inclusion of tax for this issue
in the annual budget of the County Au-
ditor, as provided by law, will be OBJ
tanned not earlier than the 18th of Sep
tember, 1912.
Now THEREFORE, BE IT 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 d Street Alley, from
Rhea Avenue to Rhea Avenue Alley, and
Rhea Avenue Alley, from ID Street to
ley from Elvin Avenue to Elvin Avenue
Alley, and Elvin Avenue Alley, from
Cleveland Avenue to Cleveland Avenue
Alley; Eleventh Street Alley, from Han
Avenue Alley, from Rhea Avenue to
Gray Avenue; Hooven Avenue Alley,
from Benninghofen Avenue east to the
west line of Lots 1856 and 105S9, in the
Sixth Ward of the City of Hamilton,
Ohio; Weller Avenue Alley, from Madi-
son Avenue to Van Hook Avenue: Web
ster Avenue Alley, from Hunter Avenue
to North D Street; Laurel Avenue Alley,
from Madison Avenue to Van Hook Ave
nue.; and Wayne Street Alley, from c
Street to d Street, in the City of Ham
nances Nos. 1854, 1858, 1866, 1874. 1888,
1891, 1898, 3947 and 3949, bonds of said
city shall be issued to the amount of
$6,004.47 to pay notes previously 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 un-
til said assessments are available. Said
Alley and Rhea Avenue Alley, Cleveland
Avenue Alley and Elvin Avenue Alley,
Eleventh Street Alley, Ridgelawn Ave
nue. Alley Hooven Avenue Alley Weller
Avenue Alley, Webster Avenue Alley,
Laurel Avenue Alley, and Wayne Avenue
Alley, property owners portion; shall be
in such denomination as determined by
the Director Of Finance; shall be dated
January /, 1941, and shall draw interest
at the rate of three per cent per annum,
payable semi-annually on the 1st day of
April and October 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 fol-
lows: $604.47 on the 1st day of October,
1912, and 100000 October 1st in the
years 1943 to 1851, both inclusive, which
maturities are hereby determined to be
in substantially equal annual INSTALL
ments.
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 Commissions; shall eX-
press upon their face the purpose for
which they are issued and the fact that
they are issued pursuant to law and TINS
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 hear SUCH consecutive num-
bers as the Director of Finance and the
proper officers of the city shall de-
termine.
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 or SAID
Nln.a .an1 nit
to the credit of the aforesaid fund, as
follows:
Street Alley from Rhea Avenue
to Rhea Avenue Alley, and Rhea
Prytania Avenue, s969Ol
Cleveland Avenue Alley, from Eli
vim Avenue to Ialvin Avenue Alley,
and Elvin Avenue Alley, from
Cleveland Avenue to Cleveland
Eleventh Street Alley, from Ham
over Street to Long Street 6O3.1s
Rhea Avenue to Gray Avenue 1880
Hooven Avenue Alley, from Ben
ninghofen Avenue east to the west
line of Lots 1856 and 1p5Sa,
Sixth Ward, aa51S
son Avenue to Van Hook Avenue, S5a.4O
Webster Avenue Alley, from
Hunter Avenue to North y Street, SILT
Laurel Avenue Alley; from Madl= ss,oo
oOi w ,,Ahb'A SftN 0HSiNO
Street to d Street, a73.59
and shall be disbursed from said fund
on proper vouchers in payment Of the
expense Of the improvements aforesaid
and to the payment Of the notes hereto
fore issued for said pvErpeses, and !, the e
money is hereby appropriated
SECTION ", That all installments of
assessments and all pQrtions thereof, to-
gether with interest thereon. shall be
applied to the payment of said bonds and
interest as the same shall become due
and te no other nurpose whatsoever.
and credit of the City of Hamilton are
hereby pledged for the prompt payment
of both principal and interest of the
bonds hereinabove described, in accord.
ance with the laws and constitution of
| the State of Ohio.
SECTION VI: That for the purnese. Of
providing the necessary funds to pay the
interest on the foregoing issue of bonds
promptly when and as the same falls
due, and also to provide fund sufficient
to discharge the Said serial bonds at ma,
tuFity there shall be and is hereby levied
on all taxable preperty in the Gity ;, of Of.
| f,xr 70 6IIrinp