The journal. (Caldwell, Ohio) 1934-1961, 1946-10-10

Which maturities are hereby determined
to be in substantially equal annual in
StaIlments.
For the payment of said bonds and the
interest coupons thereto attached the full
faith, credit and revenue of the Village
OF Caldwell Noble County. OHIO is here
by irrevocably pledged. and for the pur-
pose 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 a fund
sufficient to discharge the said serial
bonds at maturity, there shall be and is
hereby levied on all the taxable property
in the Village of Caldwell. Noble County.
Ohio in addition to all other taxes a
direct tax annually outside the 10 mill
limitation during the period said bonds
are to run in an amount sufficient to
provide funds to pay interest upon said
bonds as and when the same falls due
and also to provide a fund for the dis
charge of the principal of said serial
bonds at maturity, which tax shall not
Re less than the interest and sinking fund
tax required by Section IL of Article XII
of the Constitution.
Said tax shall be. and is hereby ordered
computed certified, levied and extended
upon the tax duplicate and collected by
the same officers. in the same manner
and at the same time that taxes for gen.
eTal purposes for each of said years are
certified, levied extended and collected.
Said tax shall be placed before and in
preference to all other items and for the
full amount thereof. The funds derived
from said tax levied hereby required
shall be placed in a separate and distinct
fund. which together with all interest
collected on the same shall be irreVoCa-
bly, pledged for the payment of the in
terest and principal of said bonds, when
and the same fall due.
Said bonds shall express upon their
face the purpose for which they are is
sued; that they are issued in pursuance
of this resolution and shall be signed by
nd ND in.
| terest coupons shall have the facsimile
| signature of said Village Clerk printed or
| Autographed thereon.
| II is hereby determined that all acts,
conditions and things necessary to be
| done precedent to and in the issuance of
| said bonds in order to make the same
legal, valid and binding obligations of
said Village have been done, have hap
pcned and been performed in regular
and due form as required by law and
that the tax for the payment of the prin-
| Cipal and interest as the same fall due
and are payable does not exceed any
! limitations of taxation of said Village and
that the amount of this bond issue does
not exceed any limitation of Indebtedness
! as fixed by law.
! The Village Clerk is hereby authorized
! and directed to offer this issue of bonds
first to the Trustees of the Sinking Fund
oil to the Officer having charge of the
: Bond Retirement Fund of said Village
and if refused. then he is directed to Of
! fef tne same TOT SAFE as pEoNlueu pS ld"
Sold bonds shall not be sold for less than
par and accrued interest to the date of
delivery.
When said bonds have been once ad-
vertised and offered at public sale, as
provided by law and they or any part
thereof remain unSold for want of bid
ders those unsold. shall be sold by the
Village Clerk at private sale at not less
than their par value and accrued interest
thereon bearing the rate of interest pro-
Vided in this resolution.
| The Village Clerk is hereby authorized
! to keep a record of the number. amount
and rate of each bond Sold the amount
! received for 1t, to whom sold and the
time payable.
The Village Clerk is hereby directed to
file a certified copy of this resolution
with the County Auditor.
| l3 ID