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<br />CITY OF NORTH OLMSTED <br />RESOLUTION No.~~~ f~~ <br />Mr. <br />RESOLUTION AjdTARDII~'G AN ISSUE OF $213, 300 REAL <br />ESTATE ACQUISITION BONDS TO THE ATCrHEST BIDDER, <br />AND DECLARING AN EENCY. <br />WHEREAS, on the 18th day of July, 1972, bids were received for <br />the purehase~of $l2J~1,3~300 Real. Est Acquisition Bonds authorized by Ordi- <br />nance No. -~'~~'~'~--' p~a'ssed , 1972, following due ad- <br />vertisement of said bonds for pu c s e in accordance with law, which <br />bids were as follows: <br />Name of Bidder <br />~ ~~! <br />Amount of Bonds <br />Bid For <br />~~~_3 ~ ..fit' ~ <br />~'~~ <br /> <br />Intferes(t Rate <br />+J ~/O LI <br />s %- `v <br />~~ , r~ <br />Premitmt <br />~j~~~ - ~A <br />~'~,E 33 ~ ,~~` <br /> <br />WfIE'RF,AS, the bid for r ~• <br />has been determined to be the hi est bid for said bons ase upon t e <br />lowest rate of interest; and <br />NOW, THEREFORE, BE IT RESOLVED by the Council of the City of North <br />Olmsted, Cuyahoga County, Ohio: <br />Section 1. That the aforesai $213,300 Real Estate Acquisition <br />Bonds authorized by Ordinance No. ,l- ,passed June 20, 1972, maturing <br />as provided in said ordinance and bearing interest at the rate of ~~ ~,,_,_. <br />_~_ er c tvma per ann , be and they are here awarded and a~old <br />to ~jr,~ ~~ of ,Ohio. <br />Section 2. That the Director of Finance be and he is hereby author- <br />ized and directed to cause said bonds to be printed forthxith and thereupon <br />to have the same executed and delivered, together with a true transcript of <br />the proceedings authorising said bonds to said successful bidder upon payment <br />of the par value thereof, plus the aforesaid premium and accrued interest to <br />date of delivery. <br />Section 3. That the Director of Finance is hereby authorized and <br />directed to certify a copy of this resi~lution to the Auditor of Cuyahoga <br />County according to law. <br />