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RES OLUPION No v 2 90 <br />By 1111re Taylor <br />.AN ??? RGENCY RLSOLUl^ION FEQIT.?STING TIE FISCAr OFFICER TO <br />CERTIF'Y TO COUNCIL IiIS CONCLUSIOiqS AS TO TIM.r,STIM?'zTED <br />LIFE.OF TI-E IITROVEP%iENTS PROPOSED TO BE COIdSTRUCTED_ . <br />FROPf THE. PROCEE, DS OF BONAS PROPW"ED TO BE EXECUTED.AND <br />ALSO TO CERTIFY.THE_T6LXII4[TM IITURITY.OF SUCH BONDS IN <br />ACCORDANCE 'TWZTH REVISED. CODE SECTION 133,21..AND THE <br />IbTA,XITviJT-7 YAmUftITY OF _ THE NOTE ISSUED IN AN'I'IC2PATIOPd <br />OF SUGII 130lmS. . <br />1-,TMREAS, this Council con-templates issuing $21,000,00 bonds of <br />which aI1 of which is proposed to be issued for the. unprovernent of High].and <br />Road from the I'les-terly line of the Vi7lage of Ma?7field in an Easterly <br />direction to the Xesterly line of SONT Center Road by the construction and <br />instal7..ation of a, water maa.n and appurtenances, a11 of wliich cor_struction <br />and improvement shall be in accordance with the general plans and specifi- <br />ca.tions and profiles heretofore adopted by this council, and <br />NIEREA.S, Sections 133.21? and Sections 133.21 of the Revised Code <br />of Ohio require the fiscal officer of the Vi].lage of I'Layfield to certify to <br />this Council his estima.te of the life of the improvements proposed to be <br />constructed from the proceeds of said bonds, and also to ceri;ify to this <br />Council the maximtmi maturity of such bonds in accordance with Section 133,20, <br />inclucLing the weighted avera.ge of the amounts proposed to 'oe expended for <br />several classes of improvements, and also the maximum maturity of notes <br />issUed in anticipation of such bond.s, <br />NQW THER.EFORE BE IT PMSOLVED BY THE COUNCTI, Or TIE, VILIAGt? 0F <br />N1AYT'IELD, CUYYI,..HOCA COUNri'Y. OHIO: <br />Sec. l. That -the ?iscal officer be, and he is, hereby requested <br />to certi:Py to this council his conclusions as to tne estimated life of the <br />improvements proposed to be cor_structed.'Lrom the proceeds of saa.d bonds and <br />also to certify to this council the maximum maturity of such bonds, calcu].a.ted <br />in accordance with the provisions of Section 133m2o mnd the maximum maturity <br />of the notes issued in anticipation of such bonds, <br />sec. 2. That 'uhis resolution is h.ereby declared to be an ernergency <br />measuz^e, necessary to complete the legislation for the issue of said notes, <br />and sha71 take effect inunediately on its adoption as an emergency measure, <br />and is necessary for the irmiediate preservaLion of the pubLc peace, health <br />and safety. <br />Passed this 18th day of Ju1y, 1955. <br />Attest: <br />1!pproved: <br />. ? ? ? Y • ?? c%??i?rL <br />" C: .. Ma.yor - resident of Council <br />S L Clerk