The Council may at any time borrow money and authorize the issuance of notes or bonds therefor in anticipation of the collection of assessments, levied for the purpose of paying the cost of construction or repairing sidewalks, curbings and gutters which are to be or have been constructed by the City, upon failure of the owners of the property to construct or repair the same, pursuant to notice as hereinbefore provided. In all cases not herein provided for, the Council shall have power to issue notes and bonds in the anticipation of the collection of special assessments, levied for the purpose of paying that portion of the estimated cost of the improvement or service for which such assessments are levied. In the issuance and sale of such notes or bonds the municipality shall be governed by the provisions of House Bill Number One, passed by the General Assembly of Ohio on April 21, 1927, approved by the Governor on May 11, 1927, and recorded in volume 112, page 364 of the Ohio Laws.
CITY PLANNING COMMISSION