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Village of Mayf"ield, Ohio' <br />July 18, 1955 <br />To the Council of the Village <br />of Ma7field., Oh3.o: <br />The fiscal officer of the ViTlage of Mayfield, Ohio, pursuant to <br />Fmergency Resolution No. 292, adopted July 18., 1955, hereby certi£ies, <br />as follaRds s 1. Tlaat tlze estimated life of t.he propez?ty and improvements for <br />which bonds are ?to be issued in. the stnn af $S30'??.00 is hereby certified <br />to be at least 5 years; <br />g, Tie ma.ximun maturity of sueh bonds calcu3ated in accordance <br />with the provisions of section 133.20 of the Ohio Revised Code and the <br />weighted average of the amounts proposecl to be expended for said several <br />elasses of improvements are as follvcis: <br />Constru.ct%nQ the vi]lage poz°tion of -the cost of ma.ter <br />mains in SOM Centar Road, Highlarid Road., Wilson M;lls <br />Raa,d Ridgebu7 Boulevaxd, Lauder Road and? :Tr?ii.te Raad., <br />for 630,000.00 - 40 years; . <br />3. The weighted average of the amounts proposed to be expended <br />for said several c].asses of improvements is 40 years; . <br />- 4, Should you author3ze a sing?Le bond issue for all of said classes <br />of improvemnts, the maxiaum maturity of said bonds could nat exceed such <br />we3ghted average of 40 years. ` <br />Nespectfu].ly submi-tted' <br />? <br />Cle of the i l?e of ' ld, QhIo*