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71-086 Ordinance
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71-086 Ordinance
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1/10/2014 3:30:24 PM
Creation date
1/7/2014 8:25:59 AM
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North Olmsted Legislation
Legislation Number
71-086
Legislation Date
6/15/1971
Year
1971
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~/-~'~ <br />FISCAL OFFICER'S CERTIFICATE <br />North Olmsted,Ohio <br />June 1971 <br />TO THE COUNCIL OF THE CITY <br />OF NORTH OLMSTED, OHIO: <br />The undersigned as fiscal officer of the City of North Olmsted, <br />hereby certifies as follows: <br />1. That the estimated life of the real estate and interests <br />therein to be acquired as a site for the City's hospital 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 in <br />accordance with Revised Code Section 133.20 is thirty years. <br />3• In the event notes are issued in anticipation of the issuance <br />of such bonds the maturity of such notes may not exceed five years from <br />the date of issuance of the original note if sold publicly, ar one year if <br />sold at private sale. <br />Respectfully submitted, <br />Director of Finan e <br />~~ City of North Olmsted <br />
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