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Resolution Noe 379 <br />By Mr, ?iopkins <br />A RESOLUTION APPROVING AN p G E R M?NT i$7TTH CENTRAL <br />IMTIQNAL. BAIgf OF CIEVEIAND AS PAYIivG AGENT FOR _ <br />BCNDS QF THE. VILLAGE OF ZWHIEZD <br />BE IT RESOLVFD BY THE COUIICIL QF TIiE VILLIiGE OF 12AYFIEI,D, CUYIIHOGA CQUNTY <br />OHTO' THAT: <br />Sec , l. The I'Zayor and the Clerk of the Vil? age of I`Zayiield, Ohio, are <br />authora.zed to enter into-and e'xecute an. Agx°eement with Central National Bmk <br />of Cleveland, employ:i.ng said bank as Payin.g Agent in connection with $44,550.00 <br />of water main bonds of 1957, dated February lst, 1957, and establishin; the <br />following rates of compensation for said Payin.o Agent in connection with <br />sai d bonds and any future bonds of the Vi7lage of Mayfield in c onnection <br />with which said bank is employed as Paying Agent: <br />For paying coupons on said bonds - 5¢ for each piece, <br />_ For paying oonds as they matu_re in each calendar year - <br />500 each for the first 1000 pieces, <br />3301/30 each for the next 4000 pieces, and ? <br />250 each for a].], pieces over 5000 , exclusive of <br />coupons attacned to said bonds. <br />Said agreement may be 'Uerr,iin.ated by eithez par'cy upon 30 days written notice <br />to the other party. <br />Sece 2, This Resolt:tion sliall be in foree and effect at the earliest <br />' date perrru.tted by la,wv <br />, Adoptecl this 29th day of April, 1957. <br />' Attest: Mayor - resident of ouncil <br />. ?.ff?? <br />S?' L lerk?