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RE,sourrzoV Nom 3 9 5 <br />; By JIr. _Ta.ylor <br />A RESOLUTION REQUES7.'ING THE CLL+RK TO CERTIFY TO THE <br />COUNCIL THE ESTIIrTATED LIFE OF THE 11RO:CERTY.11ND <br />D,1.'ROV?i0NfiS FOR WHICH BON!)S ARE TO BE T.SSUED _IN TBE <br />i SUTf OF $6500,00 FOR.THE TT'UURPOSE OF PURCHASSNG CERTAIN <br />; RE_L LSTAZ'E, AND ALSO. TO CERTSL{'Y LIP MAX:(MUNI MA.TURITY <br />OF SUCH,B ONDS, 3N_.ACC0RDA.NCE WITH REVTSED COD' SECTIOiJ <br />133.21 AS TO T HE KAXXIMITi4 iqATUR2TY OF `PHE. iJOTE TO BE <br />T,SSUED IN A.NTTCIS AT20P7 OF SUCH. BONDS m, <br />'WI ?' , this Council contemplates issuing w6500e00 of bonds to be <br />issued for the purpose of payment of part of the purcliase price of cer-tain <br />land and bui.ldings on Wilson Mi1.].s Road f-rom George C, .Zeslie and Edith M. <br />Leslie9 beirg described as the same property conveyed to Carrie E. Zeslie by <br />? d.eed recorded in Volume 903, Page 25:L9 of Cuyahoga County Records, from <br />George A. Bennett and Barbara A. Bennett., dated October 19' 1903; and <br />'taHEREAS., Sectioi-a 133.24 and 133.21 of the Revised Code of Ohio <br />require the fiscal officer of -the Vi7.l.age of Mayfield to certify to this <br />Council Yzis estima-te as to the life of the improvements and property to. <br />be purchased from the proceeds of said bond.s , anct also to certify to this <br />Council the maximum maturity of such bonds, in accordance with Sec-tion <br />133a20 and also tne maxiznun maturity of no-tes issued in anticipation of <br />such bonds. <br />NOW THME£ORE BE TT RESOLVED SY THD COUNCII; OF THE VZtiLAGE OF N?AYF'IELD9 <br />CUYAHOG& COMITY OILL09 THAT: - - <br />Seco 1m Tlie fiscal officer be9 a nd he hereby zs9 requested to <br />certify to this council his conclusions as to the es'-i.iaated life o£ the <br />pnoperty and inprovements proposed to be purchased in part from the proceeds <br />of said bonds and also to certify to this Council. the maximmum maturity of <br />such bonds and the maximum maturity of the notes issued in anticination of <br />such bonds. <br />; Seco 2. This Resolution 3s hereby declared to be an emergancy measure, <br />' necessary forthe immediate preservation of the publie peace., health, safEty <br />? and welfare of the Village of T°layfield arnd its inhaba.tan-ts because of the <br />! vrgency of obtai.ning as soon as possible additional, facilities for the <br />, performance of Vi1.].age functions9 and thzs Reso7.ution shall be a.n force and <br />effect from ar.d after the date of zts adoption. <br />Adopted this 26tk?day of August , 1957? <br />? At-test: T1- ? <br />, Mayo:c - , resident of ouncil <br />, L zrk