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175 <br />Il <br />L <br />Ordinance 83-22, entitled; "AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE <br />OF A$3,500;000 INDUSTRIAL DEVELOPMENT FIRST MORTGAGE REVENUE BOND (MAYFRAN <br />INTERNATIONAL; INCORPORATED PROJECT) (CONERGICS CORPORATION - GUARANTOR) OF <br />MAYFIELD VILLAGE, OHIO, FOR.THE PURPOSE_QF MAKING A LOAN TO ASSIST MAYFRAN <br />INTERNATIONAL, INCORPORATED. IN THE FINANCING OF COSTS OF A"PROJECT" WITHIN <br />THE MEANING OF CHAPTER 165. OHIO REVISED CODE, AND AUTHORIZING THE EXECUTION <br />AND DELIVERY .OF A LOAN AGREEMENT PERTAINING TO THE PROJECT AND AN ASSIGNMENT <br />SECURING THE.PAYMENT OF SAID BOND, AND DECLARING AN EMERGENCY." Introduced <br />by Council as a Whole. <br />Mr. Etzler,.seconded by Mr.. Carmen, made.a motion to suspend the rules of <br />Council requiring an ordinance to_be read on three separate occasions. <br />Mr. Busa asked if there were any comments. <br />There were.none. <br />Rol1 Call: AYES: All <br />NAYS: None <br />I <br />L <br />Motion Carried <br />Rules Suspended <br />Council recessed.at this.time'.so the Mayfield Community ImproVement Gorporation <br />could convene. (9:00 p.m.) <br />Council reconvened at 9:05 p.m. Mr. Carmen, seconded by Mr.- Etzler, made a motion to pass Ozclinance 83-22. <br />Mr. Busa asked if there were any comments. <br />There were none. <br />Roll Call: AYES: Al1 <br />NAYS: None <br />Motion Carried. <br />Ordinance Passed <br />Mr. Busa stated Council would recess while the necessary paper work for the <br />Conergics bond was processed. <br />Council reconvened at 8:55 p.m. <br />OLD BUSINESS <br />Wilson Mills/Beta Drive Sign Replacement.- Mr. Amendola said he will contact <br />Mr. Paris again to see what will be done. . <br />Wilson Mills Repaving/NOACA - Mr. Feneli said he received correspondence and <br />copies of minutes form Mr. Pizzedaz. We wi.11 be placed back on the T.I.P. list <br />so the issue now is how much back dues should we pay? <br />This will be discussed further next month.