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68-078 Ordinance
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68-078 Ordinance
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Last modified
1/11/2014 11:25:22 AM
Creation date
12/30/2013 7:22:04 AM
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North Olmsted Legislation
Legislation Number
68-078
Legislation Date
5/8/1968
Year
1968
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<br />FISCAL OFFICER'S CERTIFICATE <br />North Olmsted, Ohio <br />May 8, 1968 <br />TO THE COUNCIL OF THE CTTY OF NORTH OLMSTED, OHIO: <br />The undersigned, as Fiscal Officer of the City of North Olmsted, <br />Ohio, as defined in R. C. Section 133.01, hereby certifies in connection <br />with your proposed 3.ssue of $61,270 Spec3al Assessment Bonds, Series <br />1968-2, for the purpose of 3.mproving Sherwood. Drive by constructing a <br />culvert, Palm Drive by grading, draining, curbing, paving and con- <br />structing street and sanitary sewers, sewer curb connections and side- <br />walks, and Southern Avenue by installing a water main and necessary <br />appurtenances, as follows: <br />1. That the esti.mated life of the property and improvements to <br />be acquired frcxn the proceeds of saicl issue is hereby certified to be <br />at least five (5) years. <br />2. That the maacimum maturity of said bonds calcula.ted in accordance <br />with provisions of Section 133.20 of the Revised Code is forty years for <br />the Sherwood Drive and Southern Avenue improvements and twenty years for <br />the Palm Drive improvement, but ma.y not exceed the ten-year period <br />heretofore fixed for colleetion of assessments therefor. <br />All of which is respectfully submitted. <br />. L7C . <br />W. L. Ge ach, Director of Finanee <br />City of orth Olmsted
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