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ORDITdANCE No. 171 <br />BY iUZ S f'ik R, KF R <br />A1V OR33INANCE PROVTDIIdG FOR A 33EPOSI`PARY CONTREiCT <br />VV-TTH GEIVTRAL NkTIONAL Bf1NK OF GI,EVELAND <br />. VVHEREAS, due advertisement has been harl accorcling to law inviti.ng bids <br />for adepositary contract voith this ViLLage, and <br />MEREAS, Centra.T Nation2Z Bank of CZeveland has filed its bid fcrr <br />such contract9 offering to pay intere:t a.t 'Uhe rate of On$-Sixty-f ourth af one <br />per centum (I/64%) per annum computed on dail.y baZances ancl creditied manthly, and <br />offering to f'u.rnish security in accorc3ance with Ia.w, and <br />WHEREAS' said bid is the highest and best bid received therefor;. <br />NQN, TFEREFORE, BE IT OR3jAINED BY THE COiT1V"CIL OF Tn VTLI,AGE OF <br />NIAYFIELD, CUYAHOGA COUNTY, OFiCO., Thatz <br />Section Z. The bid of Central NationsT Bank af Cleveland for a <br />depositary contra.ct -with this Village -as hereinabove set forth, be., and the same <br />hereby is ac.cepted. <br />8ection 2. The Mayor and Clerk of this ViTlage be, and they hereby are., <br />aUthorized and instructed to enter into a cantract in mriting -with Central NationaZ <br />Bank,of CZeveZaa.zd for the term of one year9 in accordance w-ith the terms and <br />provisions of zaid bid af Central NatiQna.l-Bank of CleveZand. <br />Section Z. This Orclinance is hereby decla.red tQ be an emergency <br />Qrdin2.nce necessary for the immediate preservation cai the public healths safety <br />ancl canvenience for reasons apparent from the cerntents of said Oriiinance. <br />Passed the 24th day of kugust, A. D.s I936. <br />Attest: <br />(9.1 <br />7erk. <br />24& <br />. Mayar-President of CounciT. <br />CL-ERK'S CERTIFICATE <br />I, EULALIA S. BENNETT., CZerk of the Village of MayfieI.d, Dhio, hereby <br />certify that there is na nawspaper printed in said municipality, ancl that pub- <br />Zication of the foregQing Ordinance No. 171 wasduTy mad.e by posting true copies <br />thereof at the five most pub7ic plaees in saa.d municipality as idetermined by the <br />Council in Ordinance No. 8 passad April IlthJ 1921. <br />(SEkL) Clerk.