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1967 700 Resolution
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1967 700 Resolution
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Last modified
11/19/2018 3:54:16 PM
Creation date
8/8/2018 6:13:19 AM
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Legislation-Meeting Minutes
Document Type
Resolution
Number
700
Date
2/20/1967
Year
1967
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RESOLUTION No. '100 <br />By Mr. Sloan <br />AN EMERGENCY RESOLUTION REI~iTESTING THE FISCAL OFFICER <br />TO CERTIFY_TO-COUNCIL HIS CONCLUSIONS AS_TO THE~ESTIMATED <br />LIFE_OF_THr.PROPOSEA_IMPROV.EMENTS.TO_BE CONSTRUCTED.FROM_ <br />T$E P80CEED3 OF BONI~S.I'ROPOSFI3 TO BE EXECUTED AND ,P~LSO <br />TO CERTIFY _ THE,MAXIl~UM P~,ATURITY• OF, SUCS BONDS IN _ _ <br />ACCORD,~NCE WITH RASED CODE_SECTION 133.20_AND,THE <br />M~IIM[jM MATUI,2ITY OF. THE NOTE ISSUED IN ANTICII~,~TTON OF <br />~_.__-. <br />SUCI3 „BONDS .. • . • .. <br />WHER~S.: this Council contemplates issaing~an additional amount of <br />~ $ 22~000.0obonds (to supplement the amount .of,`$94~450.,00 in bonds contemplated <br />by its Resolutiot~,•No,~, 658 adopted august 16, 7:965),, to be isstied:~for the <br />i.~tprovemeiit of Worton Fark Drive, from, Hemingway Road to South t~oodlane Drive* <br />North Woodlane Drive.f rom Worton Park Drive to Woodlane Drive, _Norman Lane <br />from T~ortonJParlc .Drive .to Woocilane Dri`te, South.Woodlane,Drive from L3oodlane <br />Drive to its Easterly, termnus,.~and,Woodlane Drive €rom North Woodlane Drive <br />to South~~Woodlane Drive: by grading. draining, and paving with asphaltic <br />materials.# together with all necessary appurtenances,. all of which construction <br />and improvements shall be in accordance with the general plans specif ieations,, <br />and profiles filed; .by the Village Engineer with this Council; and <br />WEIEREASy Sections 133.24 and 133.21 of the Revised Code of Ohio require <br />the fiscal officer of the Village ~ of Mayfield to certify to this Council his <br />estimate of~the life of the improvements proposed to be constructed from the <br />proceeds of said bonds} aad~also to certify to this Council the maximum <br />maturity o£ such bonds in accordance with Section 133.20 including the <br />weighted average of the, amounts proposed to be expended for several classes <br />of improvements,y and also the maximum maturity of notes issued in anticipation <br />of such bonds+ <br />NOW THEREFORE BF IT RESOLVED BY THE COiJNC1Z OF THE VILI.~A,GE OF HAYFIELD, <br />CUY~IOGt~JCOUNTY~ ,.OHIa~ _ .,, , ,_ .: ..- - --. _ _ • .-c, - _ <br />. _,.,, <br />See. 1• That the fiscal officer be, and he iss hereby requested to <br />certify to this,Counci.l his conclusions ~s to the estimated life of the <br />improvements proposed to be constructed from the proceeds o£ said bonds and <br />also to eertify.to this Council the maximum maturity of such bonds4 calculated <br />in accordance with the provisions of Section 133.20 and the maximum maturity <br />of the notes issued in anticipation of such bonds. <br />
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