1984 008 Ordinance - Laserfiche WebLink

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M.V. Ordinance No. 84-8 - 3 - Revenue Service, setting forth the information required by Section 103(1) of the Code. To those ends, the Fis- cal Officer or any other officer of the Issuer having responsibility for issuing the Bond is authorized and directed, alone or in conjunction with any of the foregoing or with any other officer, employee, consult- ant or agent of the Issuer or with the Company or any officer, employee, consultant or agent of the Company to give (i) an appropriate certificate of the Issuer, for inclusion in the transcript of proceedings for the Bond, setting forth. the reasonable expectations of the Issuer regarding the amount and use of the proceeds of the Bond and_the facts, estimates and circumstances on which they are based, such certificate 'to be premised on the reasonable expectations and the facts, estimates and circumstances on which they are based as provided by the Company, all as of the date of delivery of and payment for the Bond and Fii) the statements setting forth the -information required by Section 103(1) of the Code which shall be based on the relevant information provided by the Company. (h) Transcript of Proceedings. The Clerk of the Legislative Authority, or other appropriate officer of the Issuer, shall furnish to the Original Purchaser a true transcript of proceedings, certified by either of said officers, of all proceedings had with reference to the issuance of the bond along with such information from the records as is necessary to determine the regularity and validity of the issuance of the Bond. (i) Prevailing Wage Rates. As provided in Section 165.031, Ohio Revised Code, all wages paid to laborers and mechanics employed on the Project shall be paid at not less than the prevailing rates of wages for laborers and mechanics for the class of work called for by the Project, which wages shall be determined in accordance with the requirements of Chapter 4115, Ohio Revised Code,.for determination of prevailing wage rates; provided that should the Company or other nonpublic user of the Project undertake, as part.of the Project, con- struction to be performed by its regular bargaining unit employees who are covered under a collective bargaining .agreement which was in existence prior to the date of the commitment instrument undertaking- to issue the Bond then, in that event, the rate of pay provided under the collective bargaining agreement may be paid to such employees. (j) Federal Taa Election. This Legislative Aut- hority elects to have the limitation. on capital ex- penditures specified.in Section 103(b)(6)(D) of the Code applied to the-Bond. The execution and filing by the Executive or the Fiscal Officer with the Internal Revenue Service or a statement regarding that election,