State Ex Rel. City of Delaware v. Main

Tbe only issue in this case is tbe question of law as to whether, in its resolution of necessity under tbe provisions of Amended Senate Bill No. 64, a city council is required to fix tbe approximate maturities of deficiency bonds it proposes to issue.

Tbe difficulty centers about tbe first sentence of Section 5 of tbe above-mentioned act. This reads as follows:

“Section 5. For tbe purpose of issuing bonds of a subdivision, payable from taxes outside of existing limitations in tbe constitution and laws of tbe state of Ohio in tbe amount so determined and authorized by tbe commission, tbe taxing…