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ORDITdANCE No • !-E~+7 <br />By Mr. Scheuring <br />- .,...AN ~LIt+1~TZGLNCY=-ORDINANCE PROVIDIfd~ r OR TTiE,.ISSTJE .OF A NOTE <br />.. ~: ~,. ~,_::: . B~" TI-i`E"VILLAGI1fi- QF' fl4AYFILLD IN ANTICIi?A~ION~ -OF .,THE. ISSUE OF <br />- ~BO7~1DS" FOI~~ THE PURPOSE,.OF.. ~dIPROVING SOIJI. CENTER`ROA:D, STARTI^~IG <br />AT ~ THT~~ _NORTH END . OF THE ..~ISTI[~TG ~tiVA-~~I~,;~'14;IN, N6a~T LOCATED . <br />. ,IN; SOIuT CENTER ROAD A~ EXTENI)ZiiVG NOR~HERI,X'~,P:BOUT..1801 FEET, <br />BUT 'TO' THE; SOUTH.L~,~.OF A 22.ACRE::PARCEL~ 0F.'LAND NOW OR <br />~'Oi~IIERT~YrOI~dIVEI),;~Y, J'~.~SSIE H. -WORTS; .BEING APPROX~lIvIt~TELY <br />. _ ,.. <br />""--::;,22~7:FIi;ET.~~IORTH. FROM;THI ~ENT~+'R.I3INE OF ~~~ILSORT T:ZILI~S ROAD <br />~~~ "BY'THE ~'I~TSTALLA~,IOP7,.bF_ A~~7~TA.TER••MAIN,.AND APPURTENANCES <br />THEREIN, AIdD. I~'ROVIIVG ~~tiV'~R~ON PARS TJ.RNE FROM. tiVILSON <br />MILTS RC3AD TO THE EIdD OF THE DEDICATE]] STREET WHICH IS <br />,1315.60 FEET F~ZOIvT THE, SOUTH LINE . OF , V+,t't'i._.;SQTd • MIT,LS ROAD <br />......... BY THE T~ISTALLATIUN. OF A VIfATER TdAIN AND APPURTENANCES <br />~'~` ~ ` - ~ THEREIN- AND_ DECLARItdG THE NECES~I~'Y OF THE ISSUANCE OF <br />BOTdDS IN T1IF, VILLAGE OF. NLgYFIELD k'OR SUCK PURPOSES <br />~NIHEREl~S, this Council has found it necessary to improve SOPd Center <br />Road by the installation of a water main and appurtenances therein pursuant <br />to Resolution No® 217 adopted April 20th, 1953, and this Couneil has found <br />it necessary to improve uYorton_Park Drive by the installation of a water <br />main and appurtenances therein pursuant to Resolution Noa 219 adopted <br />June l5, 1953, and <br />WHEREAS this Council has requested the fiscal officer of the Village <br />of Mayfield to issue her certificate as to the estimated life of the <br />~nprovements to b e constructed from the proceeds of the bonds hereinafter <br />referred to, and of the note to b e issued in anticipation of such bonds, <br />and as to the maximum maturity of said bonds and notes, and the fiscal <br />officer of the Village of 1Jiayfield has certified to the Council such estimated <br />life as being in excess of 10 years, and has certified the maxims maturity <br />of such bonds as 1~0 years and the maximum maturity of said note as two years, <br />and <br />~VHCREAS, this Council desires to provide for the issuance of a noto <br />in anticipation of the issuance of bonds for•the purpose of making said <br />improvements. <br />NOtirT THEREFORE BE IT ORDAINED BY TFTE COUNCT1, OF ^lI~ VTLI~A.GE OF NIA,YFIIDD, <br />COUNTY OF CUYAHOGA, STATE. OF OHIO:_ _ <br />Sec. 1. That it is deemed necessary to issue the bonds of the Vi7.lage <br />of T~iayfie-3d, Ohio, in the sum of X35'000®00 in order to provide a fund for <br />the purpose of improving SOM Center Road, starting at the North end of the <br />existing water main now located in SO&T Center Road and extending Northerly <br />