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72-196 Ordinance
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72-196 Ordinance
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Last modified
1/10/2014 3:28:00 PM
Creation date
1/8/2014 3:44:43 AM
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North Olmsted Legislation
Legislation Number
72-196
Legislation Date
12/5/1972
Year
1972
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~~-i 9~ <br />FISCAL OFFICER'S CSRTZFTCATS <br />North Olmsted, Ohio <br />December 5, 1972 <br />TO THE COUNCIL OF THE GITY <br />OF NORTH OI~'I~, OHIO: <br />The undersigned, as fiscal officer of the Gity of North Olmsted, <br />hereby certifies as follows : <br />1. The estimated life of the sewer improvement described in <br />Resolution No. 68-8~+, adopted May 21, 1968 (Contract 11) is at least <br />five years. <br />2. That the maximum maturity of bonds to be issued to pay the <br />City's portion of the cost of constructing such improvement calculated <br />in accordance with Revised Code Section 133.20 is forty years. <br />3. The maturity of the notes now proposed to be issued in anti- <br />cipation of the issuance of such bonds may not exceed five years from <br />the date of issuance of the original note, to wit; December 27, 1973, <br />if sold publicly, or one year if sold at private sale. <br />Respectfully submitted, <br />Direct r of Hance <br />City North Olmsted <br />
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