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1951 (2)
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Last modified
11/19/2018 3:49:17 PM
Creation date
7/25/2018 6:13:44 AM
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Legislation-Meeting Minutes
Date
12/17/1951
Year
1951
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?JIAYr ILLD VILUGE <br />December 17; 1951 <br />T o the C ouzaci 1, <br />Ntayfiold Village, <br />iVlayfieldj, Oha.om <br />The f'a.scal officeNf the Village of Mayf'ield, Ohio, pursuant <br />to emergency resolution No. 187, adoptad Deeember 17, 1951, hereby <br />certi.fies as follorvs: <br />ls That the estimated lafe of the property and iinprovnzn.ents <br />for which boiads are to be issued in the sum of $40,000,,00, is hereby <br />cex°t-ified to be at least ten yearse <br />2, The m.aximurn maturity of such bonds calculated in accordance <br />with the pro-sions of Secta.or, 2293-9 of the General Code of. Ohio, and <br />the weighted average of the amouuts proposed to be expended fbr sai.d <br />segeral classes os improvemonts are as follows: <br />(a) Cotastructing the Village os" PJlayfield po,:tion of the <br />. cost of water ma.i.r.s in 'Nilson A4i1?s Roade S.O.Mo Center <br />Road and Highland Road $40,000.00 40 years, <br />3. The weighted average of the anouuts propvsed to be expexi,ded <br />for sei.d several classes of im.pro-vements is 40 years. <br />4a Shov.ld you auth.orize a singlo bond issue fox• all said classes <br />of improvemants ths meucimum maturity of said bonds could not exceed such <br />weighted average of 40 years. <br />Respectfu.11y sub:aitted, <br />Olerk <br />Mayfield Village
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