Laserfiche WebLink
AGREEMENT TO ISSUE BONDS <br />THIS AGREEMENT TO ISSUE BONDS, entered into as of <br />the 2Oth day of May, 1985, between the Village of Mayfield <br />Village, Ohio (hereinafter sometimes called °'Issuer"), and Beta <br />Campus Company, an Ohio general partnership (hereinafter <br />' sometimes called the "Owner"), in furtherance of the public <br />purposes of Section 13 of Article VIII, Ohio Constitution, to <br />create or preserve jobs and employment opportunities and to <br />improve the economic welfare of the people of the State of Ohio. <br />WITNESSETH: <br />WHEREAS;. the Owner desires to commence the acquisition, <br />construction, improvement and equipping of a multi-tenant <br />commercial facility including land, buildings and equipment <br />located in the Village of Mayfield Village, Ohio, as described <br />in Schedule 1 hereto (hereinafter called "Project"): , <br />WHEREAS, the Owner has requested that the Issuer issue <br />its industrial development revenue bond or bonds or notes issued <br />in anticipation thereof pursuant to Chapter 165, Ohio Revised <br />Code, in an aggregate princ,ipal amount now estimated to be <br />$6,300,000 (hereinafter called the "Bonds") to provide funds to <br />pay costs of the Project, and is agreeable to make payment to <br />the Issuer sufficient to pay all of the principal of and premium, <br />if any, and interest on the Bonds; and