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Democratic Northwest in Napoleon, Ohio

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Newspaper

Democratic Northwest

Location

Napoleon, Ohio, United States of America

Date

Jun 03, 1886

Page

5

Plan to issue bonds for road improvements and tax garnish

A proposed county plan would authorize bonds run 20 years at under 4 percent interest to fund road improvements. Taxes on benefited land would rise to cover principal and a 5 percent maturity reserve. The scheme aims to finance better roads while widening tax bases, with debate over feasibility and impact on farmers.

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