The journal. (Caldwell, Ohio) 1934-1961, 1947-06-26

,,,,iot rnst,,rities are hereby determin!ed !s
to be in substantially equal anhuai -
stallmentS' ia hopds and
+,e u interest coupons thereto attached me tne
fun faith. credit and revenue OF otin
Village of Caldwell, Noble county, VA for for
is hereby irrevocably pledged ossary anu nv
the purpose of providing. the necesfSSly fo1s.
funds fi, to ~ pay the interest on the tores ore
going issue of bonds promptly Wtieh go GO
as the same falls due, ana also 70 P+ba
vide a fund sufficient 10 oiSt thare shall
be and is hereby levied on all Ins,a1i Ins eli
able property in the Village OF Cala"sIIii III
Noble County, Ohio, in adoluoh t.,de W
other taxes direct tax ,,niag ann9aHy tSe neriod
said bonds are to run in an amount SUI
ficient to provide funds to pay lhteIess ed'-ss
upon said bonds as and when the satL.s ne
the discharge of the principal OF salu
serial bonds at maturity, which tax sIa. SIis...
not be less than the interest and sinking
fund tax required by Sectloh Il
Article XII of the Constitution
Said tax shall be, and is hereby ordeTed
computed. certified levied and eXtenoeo
upon the tax duplicate and collected py
the same officers, in the same manner
and at the same time that taxes tor gen
eral purposes for each of said years .S are
certified, levied, extended and collecteo.
Said tax shall be placed before ana IA
preference to all other items and Tor tns
full amount thereof The srnbH t4moS reeired
shall be placed in a separate and distlnct
fund which together with all interest,"
collected on the same. shall be 1TreVoc-
ably pledged for the payment & OF the Sybnr IN,
terest and principal of said ponos' "hch
and as 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 py
nH
interest coupons shall have the facsimile
signature of said Village Clerk printed
or autographed thereon.
1t is hereby determined that all actS'
conditions and things necessary to be
done precedent to and in the issuance or
said bonds in order to make the same
legal, valid and binding. obligations or
said Village have been done, have hap
pened and been performed in regular
| and due form as required by law ana
! that the tax for the payment of the prln-
| cipal and interest as the same fall que
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 in
| debtedness as fixed by law.
! Said bonds having heretofore been Of
| fered to and rejected by the officer IN
charge of the Bond Retirement Fund and
! having heretofore been offered at public
and Company, Toledo, Ohio. the Village
| Clerk is hereby authorized and directed
to deliver said bonds as soon as executed.
! to said purchaser upon compliance by
| them with the terms of their offer.
The Village Clerk is hereby authorized
! to keep a record of the number amount
! and rate of each bond sold, the amount
| received for it, to whom sold and the
time payable.
SECTION 2. The Village Clerk is here
7 by directed to file a certified copy of this
/ amending resolution with the County
Auditor of Noble County, Ohio.
| SECTION 3. That original resolution,
entitled Resolution to Issue Bonds After
Submission to the Electors, passed on
June "a. l946. be and hereby is repealed.
SECTION i. That the resolution be
and hereby is declared an emergency
measure necessary for the public peace.
health and safety of the citizens of the
Village, for the reason that the proceeds
from the sale of said bonds are needed
at once for the purchase of necessary fire
equipment, and shall take effect and be
in force from and Immediately after its
passage.
Passed: June 3, 1947,
WARN c. ROGERS,
President of Council
! hereby certify above to be true
/ copy of an Amending Resolution
passed by the Council of the Village
of Caldwell, Ohio, on June 3, 1947.
VIOLET L. MORGAREIDGE,
Village Clerk
Caldwell. Ohio.