The Council shall have the right to establish new public services or improvements or additions to existing services by passage of appropriate ordinances when estimates, prepared by the Village Manager, of costs of operation and of expected revenue indicate the service will not be operated at a loss. Any necessary bonds required for the financing of said new public services, improvements or additions to existing services may be issued pursuant to the Constitution of the State of Ohio and to the statutes of the State of Ohio.
(11-3-53; 11-3-15.)