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73-144 Ordinance
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73-144 Ordinance
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Last modified
1/10/2014 3:36:21 PM
Creation date
1/8/2014 8:04:31 AM
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North Olmsted Legislation
Legislation Number
73-144
Legislation Date
11/20/1973
Year
1973
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c <br />!'ISCAL t~!'FIt' S C~TIFICATE <br />~; ~ r <br />~ ~w.y <br />North Olmsted, Ohio <br />or~~I~F~! ~~ , 1973 <br />~ T~ COU]I~IL t~F Tt~ clfiY t~F ~ OI~3TND, ©xco: <br />The undersigned, as fiscal officer of the City of North Olasted, <br />Ohio, as 8efined by R.C. Section 133.01, hereby certiPl.es in connection <br />with your prapc>sed issue of bonds and notes in anticipation of the issuance <br />of said bonds for the purpose of providing funds for the acgmisition of <br />real estate needed for the extension of Brookpark Road, as follows: <br />1. That the estimated life of the property to be acquired <br />Pram the proceeds of suc3.: bonds is hereby certii'ied. to <br />be at least five years. <br />2. The maturity of such bonds calculated in accordance <br />with the provisions of Section 133.20 of the Revised Code <br />is thirty years. <br />The ma~cimum maturity of notes issued in anticipation of such bonds <br />is five years provided that if such notes are sold at private sale, then <br />their maxims maturity is one year. <br />Respectfully submitted, <br />{,~ <br />for o nance <br /> <br />
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