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2007-028 Ordinance
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2007-028 Ordinance
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Last modified
1/9/2014 3:51:36 PM
Creation date
12/30/2013 8:01:46 AM
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North Olmsted Legislation
Legislation Number
2007-028
Legislation Date
4/3/2007
Year
2007
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? <br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />As fiscal officer of the City of North Olmsted, I certify in connection with your proposed <br />issue of bonds (the Bonds) in the aggregate principal amount of $112,000 for the purpose of <br />improving and equipping the City's Springvale Country Club and Ballroom by renovating, <br />remodeling, furnishing, equipping and otherwise improving the clubhouse and ballroom, acquiring <br />mowers and other golf course equipment and acquiring and installing parking lot lighting, in <br />each case together with the necessary appurtenances and work incidental thereto, that: <br />1. The estimated life or period of usefulness of the improvements and equipment described <br />above is at least five years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with Section <br />133.20 of the Revised Code, is at least five years, because each class of the equipment and <br />improvements has, by statute or my estimate, an estimated life or period of usefulness of not less <br />than five years. <br />Dated: March 20, 2007 <br />Director of Finance <br />City of North Olmsted, Ohio <br />... _ ?
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