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RESOLUTION N0. 156 <br />BY MR.. FN.ANZ <br />? . <br />A RESOLUTION DESIGNATING CENTRAL NATIONAL BANK OF CLEIVELAND <br />DEPOSITORY FOR THE VILLAGE OF MAYFIELD <br />I,THHEEREAS, under date of Augu st -11.th, 1947; C entral National Bank of <br />Cleveland offered to become depository for the active-funds.of this Village <br />and offered to give securi'cy therefor in accordance with law, and <br />14HE-REAS, the bid of Central National Ba.nk of Cleveland was the <br />_ only bid received by this Council therefor9 and 141LREAS, all proceedings were had ira accordance with.Section. :2296-I <br />et seq. ef the General Code of Ohio; <br />- NOW9 THERFFORE, BE IT RESOLVED BY THE-COUNCIL OF THC VILLAGE OF <br />MAYFIFLD ? CUYAHOGA. COMNTTY, OHIO p? that :_ <br />Section la. Centra.l National Bank of Clegeland be; and it hereby is <br />designated to be, the depository of the active funds of the Village of May- <br />,..---? field for the period of tiro (:?) years, commenci-ng August 23, 1947, ana ending <br />:....A, gugust.22, 1949. . <br />Section 2. The Village Treasul er. is hereby direc -'U-ed to ca.use the . <br />ac-tive funds of the Village to be deposited in Central National Bank of <br />Cleveland v.pon the terrns. a.nd conditions set forth in the aforesaid bid of <br />Centra.l Vational Bank of Cleveland, da.ted. August 11., 19/+7. <br />Section 3• The Village Clerk be' and she hereby is, directed to <br />certify a copy of this Resolution to the Village Treasurer anci a copy thereof <br />to Central National Bank of Clevelands <br />Section L;.. .Tl1i.s resolution sha11 take effect and.be in force from <br />and after the earliest period allowed by law. <br />Passed the 18th day of August, 1947. <br />? ?Mayaodr. - President of Coun . <br />Attest: . <br />Clerk.