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<br />a <br />,~, <br />s' <br />'~Ca <br />ti <br />~.~,~ <br />~s~ <br />[~ <br />~~ <br />.~ <br />c; <br />~'a <br />i <br />3.a~3 <br />~e <br />Resolution No. 574 <br />By Mr. Nlason <br />A RESOLUTION DETERMINING TO PROCEED WITH THE <br />SiIBMISSION TO ,THE ELECTORS OF THE VILLAGE. OF <br />I~IAYFIELD, OHIO ,. AT THE N0VEMBER,5, 1963, GENERAL <br />ELECTION, THE QUESTION OF ISSUING BONDS FOR THE_ <br />PURPOSE OF PAYING THE COST.OF CONSTRUCTIVG AND <br />AND- EQUIPPING A NEtd_ MUNICIPAL BUILDING, TO HOUSE <br />THE ADMINISTRATIVE, SERVICE, FIRE. AND POLICE, <br />DEPARTI'~.iENTS, AND ACQUIRING A SITE THEREFORE. <br />WIiEREAS, the -'Council of the Village of Mayf field, Cuyahoga County, Ohio, <br />duly adopted a Resolution on the 15th day of July, 1963, providing for the <br />submission to the electors of the Village of Mayf field, Ohio at the November 5, <br />1963 General Election, the question of the issuance of bonds in the sum of <br />One Hundred Thousand Dollars ($100,000.00) for the purpose of paying the cost <br />of constructing and equipping a new Plunicipal Building to house the Administra- <br />tive, Service, Fire and Police Departments and acquiring a site theref ore, and <br />the levying of a tax to provide _f or the payment thereof; and <br />WHEREAS, the County Auditor of Cuyahoga County, Ohio has certif ied to <br />this Council that, in accordance with his calculation, the average annual <br />levy throughout the life of such bonds (20 years) which ~vill be required to <br />pay the interest on and retire such bonds, assuming that they are all issued <br />in one series, and that the amount of the tax list of said Village remains the <br />same throughout the life of said bonds as the amount of the tax list for the <br />current year, is .9113 mills for each dollar of valuation, which amounts to <br />9.113 cents for each one hundred dollars of valuation. <br />N0[4 THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE VILLAGE OF HAYFIELD, <br />CUY.4HOGA COUNTY, STATE OF OHIO_THAT_: _. _ _ <br />This Council proceed with the issuance of said bonds and that the Clerk <br />be, and hereby is, directed to certify to the Board of Elections in Cuyahoga <br />County the Resolution of this Council calling such election hereinabove <br />referred to, together with the amount of the average tax levy estimated by <br />said County Auditor and the maximum number of years to retire said bonds, <br />namely 20 years, and to give notice of said election in accordance with Section <br />133.11 of the Revised Code of Ohio. <br />Adopted this 29th day of July, 1963. <br />Attest: <br />6~~~C~ ~L <br />^Z'~~ <br />Mayor - President of Council <br />~ {~~ ~) <br />(SEAL) ~Ca~ Clerk <br />