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1959 456 Resolution
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1959 456 Resolution
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Last modified
11/19/2018 3:49:42 PM
Creation date
7/25/2018 9:35:13 AM
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Template:
Legislation-Meeting Minutes
Document Type
Resolution
Number
456
Date
8/7/1959
Year
1959
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Mayfield, Ohio9 Auo.ust 7s 1959 <br />To the Council of the Vill,age <br />of MayfiEld' Qhio* <br />Gentlement <br />The undersigned. Clerk, as fiscal officer of the V3.11age o.£ Mayfield9 <br />Ohio' hereby cert3fies9 pursuant to your reso].ution9 regarding the. proposed <br />issue of special assessment bondg in ant.i,ci.pation of the col,leotion of <br />specia3 assessmentis for the i.mprovement of SQM Center Road' from Highland <br />Road 3.n a Southerly direction 2650 feet to the existing water main. by <br />the ca.nstruct3.on of a water main and appurtenances therein, and 3n antici4 <br />pation of the collect,ion of speciaT)assessments for the impro-Tement by the <br />coiistruction of sidewalks therein.of the North side of Seneca Road, from <br />its intersection wi.th SOM Center Road to a point 300 feet East,erly from <br />the center 1.:ine of SUM Center Road9 and for the improvement ef an Easement <br />held by the Village of Mayfie3.d, paral.:le.l to and abutting the East side <br />of SOM Center Road2 from kfilson Mi.l1.s Road approximately 138"1/2 feet in <br />a ioutherly direction' and for the j.mprovement of the East side of SQM <br />Center Road in the ded3.caf,ed portion thereof to the Northerly 1.ine of <br />Seneca Road' as follm7s; , <br />1. That the es-Umateci life of said improvements referred to in <br />your resolution. aclopted. 4ugust 7,, 1959, is certif3ed to be <br />at ].east 5 years as to each of said improvements. <br />2o That the maxirram maturity of such bor?ds Jcalcu].ated in <br />accordance with -the Rev3.sea Code o£ Ohio fox° the wa•ter main <br />3Ynprovement is 40 years, and for the sid.ewalk improvement is <br />10 years, but the maximum maturity of the bonds may not exceed <br />the period of the assessments antici.pated by said bonds and <br />tkherefoie the maximum anaturity af these bonds is 10 yeais. <br />? <br />:J- Clerk <br />Di age of ayfielcl' _
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