51-73 Ordinance
-D. roP .4~ r T n -::f
.':.. .'~-
O~V I
. . . . . . .,
S02-:.:LL:.v......:. 'U'J..'.....~ (........ ~~J.e ci" ,!0(;."1D1211,
Obio.
ORDINANCE NO. <1:Ii. 0-. 2-J~
....r. .C".~.T.-"."1"'". .~.-.T.-"-IlT<--'-
._er_re1. ~~."]
BE IT DRm\INED BY THE C )UNC L or THE VILLAGE cN~€lerK --
r COUNTY OF FRANKLIN, STATE OF OHIO:
Section 1. That Section 4 of Orcinance No. 48-73 adopted
~
September 10, 1973, be and the san~ is hereby amended to read
as follovvs:
That such anticipatory notes in the amount of $100,000,
which sum does not exceed the amount oi the bond issue, shall
bear interest at the rate offered by tIe purchaser as set forth
in Section 6 below, payable at maturitj . Such notes shall be
dated November 20, 1973, and shall matlre on or before November
20, 197L1. Such notes shaJ.l be executec and delivered iD such
number and such denominations as may be reqlested by the pur-
chaser of such notes. Coupons shall net be attached to said
notes.
Section 2. That Section 6 of said Ordinance No. 48-73 be
and the same is hereby amended to read ~s follows:
I Subject to the rejection of said notes by the officers of
the Sinking Fund, said notes shall be, and hereby are, awarded
and soJd to
Bidders Interest Rate
~ The Ohio National Bank of Columbus 4.65%
""
t~1 at the par value thereof and bearing the aforesaid rate of inter-
~J est, and the Clerk-Treasurer is hereby authl)rized and directed
to deliver said notes, when executed, to sa '.d purchaser upon pay-
ment of such purchase price and accrued inb~rest to the date of
delivery. The proceeds of such sale, excep_ any accrued interest
thereon, . shall be deposited in the Village I ~reasury and used for
the purpose aforesaid and for no other purp(~e. Any accrued
interest shall be transferred to the Retire]~nt Fund to be applied
to .the payment of the principal and interes, on said notes in the
manner provided by law.
Section 3. That Sections 4 and 6 of laid Ordinance No. 48-73,
as enacted September la, 1973, be and the seme are hereby repealed.
I
Section 4. This ordinance is hereby (eclared to be an
ernE rgency measure necessary for the preserv; .tion of the public
peece, health and safety of the Village and its inhabitants for
the reason that the voted authority for saie notes is about to
expire and the notes authorized herein must be delivered at the
~I' eaJ'liest possible date; \olherefore this ordil ance shall take
efect and be in force from and immediately after its passage.
j
,. i'i /,? 1
,~ -., / /"V .~/j!~f/ l f~-
\'-~'. ;'/"
;J /VO~j - td.. ~,~ ~:~ /~< - .... .1(;2- c~l LV ;I-I' I~t /".)il
., Pa3sed .") , 1973
. I /'. ',1 G' /
-'1\' ../ \ ... (; '. /
( I#; I'. \ ,I ;., t/
//'/ .', ".''J ',' '//1 c.' 'I
/ .. 1 ," - "~-if). ~. Ii} tf" '..,/ {.. 7,-,. ~
-J.'[';....i_clj '(.J( l.......r~'" /..../ . . \/1. , I .d
{/ I , .. [ r?,
Attest. I ,/, ..,.' t'
.- ~.._.~"."~_..__. -_.~._---- . "'/ !e1, If,
C]I'J']-; 'l'Yr}.\lll1Ynl" .. ~;", (I J
i ' .I
( ,( J
-' If
.~--j / . .'1 ..
-;
/~,~,t:~~ ~2-<>rv,e.t'_ J ,,,.j
.. " ,.:'1;