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22-12 BAN to Renovate Refuse Facitiliy $130,000
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22-12 BAN to Renovate Refuse Facitiliy $130,000
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5/14/2013 3:21:44 PM
Creation date
3/22/2012 9:37:56 AM
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Office Of Council
Document Type
Ordinances
Date Adopted
3/19/2012
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The City acknowledges that few legal firms actively represent public and private entities <br />in connection with the authorization, sale and issuance of obligations by Ohio .political <br />subdivisions, and that the Original Purchaser may in the future request that Benesch represent the <br />Original Purchaser in a matter or matters unrelated to the City. If such a request is made, the <br />Mayor, after consultation with the Director of Law, is authorized to waive any conflict arising <br />from Benesch's representation of the Original Purchaser in a matter or matters unrelated to the <br />City. <br />Section 13. The Director of Finance is directed to deliver a certified copy of this <br />Ordinance and the Final Terms Certificate to the County Fiscal Officer. <br />Section 14. The Clerk of Council is directed to give public notice of the passage of <br />this Ordinance in accordance with Article III, Section 12 of the Charter. <br />Section 15. This Council determines that all acts and conditions necessary to be done <br />or performed by the City or to have been met precedent to and in the issuing of the Notes in <br />order to make them legal, valid and binding general obligations of the City have been performed <br />and have been met, or will at the time of delivery of the Notes have been performed and have <br />been met, in regular and due form as required by law; that the full faith and credit and general <br />property taxing power (as described in Section 9) of the City are pledged for the timely payment <br />of the principal of and interest on the Notes; and that no statutory or constitutional limitation of <br />indebtedness or taxation will have been exceeded in the issuance of the Notes. <br />Section 16. This Council finds and determines that all formal actions of this Council <br />and any of its committees concerning and relating to the passage of this Ordinance were taken in <br />an open meeting of this Council or committees, and that all deliberations of this Council and any <br />of its committees that resulted in those formal actions were in meetings open to the public, all in <br />compliance with the law. <br />Section 17. This Ordinance is hereby declared to be an emergency measure necessary <br />for the immediate preservation of the public property, health and safety, and to provide for• the <br />usual daily operations of municipal departments, and for the further reason that this Ordinance is <br />requhed to be immediately effective in order to issue and sell the Notes to enable the City to <br />combine the Notes with other notes to be issued by the City into a consolidated note issue and <br />obtain savings in the issuance of the Notes; and provided it receives the affirmative vote of at least <br />five of its members, this Ordinance shall take effect and be in force at the earliest date possible <br />as set forth in Article III, Sections 10 and 13 of the Charter. <br />Passed: ~ ( , 2012 <br />Approved:~titi~-`1-J , 2012 <br />~~ <br />President of Council <br />
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