The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-10-24
Legal Advertisements

boulevard in front of Lots 6657 and
1o659; Hensley Avenue in front OF Lot
11842; North G Street, from Jackson to
Elvin Avenue; Elvin Avenue and North
G Street in front of Lots $500, 1888 and
1894; North Street in front Of Lot
5639; Washington Street in front of
Lots 1862 and 1868; High Street In
front Of Lot 6561; Sherman Avenue,
between Cereal Avenue and Haldimand
Avenue; Park Avenue, between Dick
Avenue and Eaton Avenue; and
Schenck Avenue, between Pleasant
Avenue and Jersey Avenue, In accord
ance with Resolutions Nos. 764o, 1866,
1890 1913, 1889, 7617, 7479, 1880, 7665,
1867, 7664, 1869, 1868 and 1858, by con-
structing concrete sidewalk, curb and
gutter and doing the necessary grading.
WHEREAS, this Council has requested
the Director Of Finance to issue his GER
tificate as to the estimated life OF the
Improvement constructed from the pro-
ceedS of the bonds hereinafter referred
to, and the Director of Finance has GER
titled to this Council such estimated life
as ten years and has further certified the
maximum maturity of such bonds as five
years, and
WHEREAS, this Council estimates
that a tax for said bonds will first ap-
pear upon the duplicate for the tax year
1912, and that final tax settlement with
the County Auditor next following the
inclusion of a tax for this issue in the
annual budget by the County Auditor as
provided by law will be obtained not
earlier than the lst day of September,
1943.
the City of Hamilton, Ohio:
SECTION /: That for the purpose OF
raising money in anticipation of the col
lection of special assessments for the
improvement of
Bessie Avenue, now Ridgewood
Avenue, from Urban Street to Ed
wards Avenue;
Bessie Avenue, now Ridgewood
TO. AZ safsT-
Avenue;
High Street, from Tenth Street to
b. & o. Railroad;
Kahn Avenue in front of Lot 1861;
Grand Boulevard in front OF Lots
6657 and 1869;
Hensley Avenue in front of Lot
1882;
North C Street, from Jackson
Street to Elyin Avenue;
Elvin Avenue and North Street
in front of Lots $685. 1888 and 53S4;
North Street in front of Lot
5639;
1862 and 1868;
High Street in front of Lot 6561;s
Sherman Avenue, between Cereal
Avenue and Haldimand Avenue
Park Avenue. between Dick Ave-
nue. and Eaton Avenue;
Schenck Avenue between Pleas
ant Avenue and Jersey Avenue;
in the City of Hamilton Ohio, by con-
gutter, and doing the necessary grading
in accordance with Resolutions Nos. l640
1866, 1920, 1919, 1889, 1914 7479, 1850
1865, 1861 1864 1863, 1868 and 1858, to
be paid for in whole by special assess
ments bonds of said city shall be issued
in the amount of $1,Sl3.57, Said bonds
shall be in such denomination as deter.
mined by the Director of Finance, shall
be dated November !, ls4l, and shall be
due and payable $379.57 on November |,
1943, and $360.0 90 on Noyember lst in the
years 1914 to 1947, both inclusive, and
shall draw interest at the rate OF three
per cent per annum, payable May Isl
and November 1st of each year upon
presentation and surrender OF interest
coupons to be attached to said bonds
bearing the facsimile signature OF the
Director of Finance.
SECTION II Said bonds shall be pre-
pared by the Director of Law, signed by
the CITY Manager and the Director OF
Finance, sealed with the city seai. ana
recorded in the office of the Sinking Fund
Trustees: shall express upon their face
the purpose for which they are issued
and the fact that they are issued pur-
suant to law and this ordinance; shall pc
payable, both principal and interest, at
the office of the Director of Finance OF
the City of Hamilton, Ohio; shall be is
sued and sold under the direction of the
Director of Finance, and shall bear such
consecutive numbers as sald Director OF
Finance, or the proper officers OF the CITY,
may determine.
SECTION III: That upon the sale OF
said bonds any premium and the accrued
interest realized thefefrom Shall De pala
to the Sinking Fund Trustees. me par
value realized from the sale of said bonds
shall be placed in the city treasury TO
the credit of the Sidewalk Improvement
Fund and shall be dishursed from sald
fund on proper vouchers in payment OF
the expense of the Improvement afore-
said and to the payment or the notes
heretofore issued for said purpose ana
the interest thereon for which purpose
said money is hereby appropriated.
SECTION ~: That all installments OF
said assessments and all portions thereof,
together with interest thereon, shall De
applied to the payment or said pohos anu
interest as the same shall become que,
and to no other purpose whatsoever
SECTION ": That the faith, revenue
and credit of the City of Hamilton, Ohio,
are hereby pledged for the prompt pay
ment of both principal and interest OF
the bonds hereinbefore described IN ac-
cordance with the laws and Constitution
of the State of ONO.
SECTION VI: That for the purpose of
providing the necessary fund to pay the
interest on the foregoing issue of bonds
promptly when and as the same iails
due, and also to create and MAINTAIN
sinking fund sufficient to discharge the
said bonds at maturity there snail be
and is hereby levied on all the taxable
of the City of Hamilton, Ohio,
in addition to all otner taxes, d uiiect
tax annually during the period for which
said bonds are to run, in an amount SUI
ficient to provide a fund for the dis
charge of the principal of said serial
bonds at maturity which tax shall not
be less than the interest and SINKING
Fund tax required by Section ii Of Ar
ticle XII of the Constitution. Provided,
however, that in each year that the as
sessments anticipated by said bonds are
payable and are applicable to the pay
ment of such interest and principal and
are appropriated for such purpose, the
amount of such tax shall be reduced by
the amount Of the assessment so appro-
priated.
That said tax shall be and is hereby |
ordered computed, certified, levied and |
extended unon the tax duplicate and col |
ected by the same officers In the same |
manner and at the same time that the |
taxes for general purposes for each of |
said years are certified, extended and |
collected Said tax shall be placed before |
md in preference to all other items and |
FOR the full amount thereof All funds |
derived from said levies hereby required |
shall be placed in separate and dis
-inct fund which, together with all in
.erest collected on the same, shall be
rreyocably pledged for the payment of
he interest and principal of said bonds
when and as the same fall due.
cIrCsTION VII. This ordinance shall |