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RFSOLUTION No. 457 • <br />By. Mro S tra t,er <br />Seconded by I'llre Hopkins <br />4 RE50LUTION REQUESTING THE CIIRTIFICATION OF <br />YFIELD <br />THE F2SC_AJ1, OFFICER OF THE VILIAGE OF Mk <br />WHERW, this Council contemplates issuing $ 29'570s00' of Special <br />Assessment Bonds for the purpose of provi.ding a fund for the payment of a <br />' note heretofore issued to pay the cost of improving' by the instal].atian of <br />a water main and appurtenances, SQN Center Road, from Highland Road an a <br />' Southe:rly direetion 2650 feet to the existing watar maa.ra9 and for the purposA <br />. of providing a fund for the payment of a note heretofore issued to pay the <br />cos t o#` unprovz.ng' by the cons truction of sideti,ralks' the No-oth side of Sene ca <br />' Road, from its intersec-tion w3.tIz SOM Center Road to a point 300 feet Eas-terly <br />from the center line oi SOM Center 1-toad and for the impravement by the <br />construction of sidewalks of an Tasement held by the Vi1l.age of NIayiieldy <br />' parallel to and abut-ting the East, side of SOM Center Road from Wilson Mi1'l.s <br />Road approxi.ma-tely 138-1/2 feet in a 5outherly direction and-for the <br />improvement by the construcLion of sidewallzs ox the East side of Si Center <br />Road in the dedicated poruion thereof to the Northerly line of 5eneca Road; and <br />WHEREA,S, the sections of the Revis.ed Code of Oha.o require th.e. fiscal <br />officer of the Vill..age of r4ayfieZd to cex°tify to the Council his estitnated <br />life of the property, assets, oi° improve,-nemts heret,ofore const-ru.cted from <br />' the proceeds of said not,es, md also to cert:ify to the Council the inaximum <br />maturities of such bonds calcu3.a-ted in accordance with law; and <br />?+"'. , the Clerk of the Vi.llage of Mayfield is the fiscal officer <br />as defined by laws <br />NCdnT THEREFORL+' the Clerk of this Vi7.lage is hereby requested to <br />cerici:fy to this Council his conclusions as to the estimated life of such <br />improvements and the maxi.mum mat,urity of said bonds as required by law. <br />Tlii.s Resolution is hereby declared ta be an etnergency measure' necessary <br />for the immediate preservation of the public peace, health and safety for the <br />reasons that said bonds are req,uired to be issued to provide a fund for the <br />cost of constructing said wa-ter mains and sidewalks9 and this resolution shall <br />talce effect upon itspassage as an emergency measuree <br />Adap+„ed th:is 7th day o£ Au6'uSt 1959. <br />Attest: <br />` Mayor - resident of Council <br />S._ Ce k