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69-115 Resolution
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69-115 Resolution
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Last modified
1/11/2014 11:36:52 AM
Creation date
12/11/2013 10:37:24 AM
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North Olmsted Legislation
Legislation Number
69-115
Legislation Date
5/7/1969
Year
1969
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dr <br />? <br />? <br />6 ? -- / r'S - <br />Of C1 PvP,] and : O1110 0 <br />passed April l, 1969, maturing as providecl in said ordinances and bearing an <br />interes't rate of Five and three-quarters per centum per annum, <br />be and they are hereby awarded and sold to McDonald & Company <br />Sect3.on 2. That the D3rector of Finance be and he is hereby authorized and <br />directed to cause said bonds to be printed forthwith and thereupon to have the <br />same executed and delivered, together with a true transcr3pt of the proceedings <br />author3.zing said bonds to said successful b3dder upon payment of the par value <br />thereof, plus the aforesaid pro rated premium and accrued interest to date of <br />delivery. <br />Section 3• That the Director of Finance is hereby authorized and directed to <br />certify a copy of this resalution to the Auditor of Cuyahoga County according to <br />law. <br />Section 4. This resolution is hereby declaxed to be an emergency measure <br />necessary for the immediate preservation of the publie peace, health, safety and <br />welfare of the City, the necessity for such emergency action being that the im- <br />mediate issuance and sale of the bonds hereby authorized is necessary to provide <br />funds to enable the City to retire notes issued in anticipation thereof which have <br />or axe about to mature and thereby preserve the credit of the City; wherefore, this <br />resolution shall be in full force and effect from and immediately after its passage <br />and approval by the Mayor, <br />c <br />PASSID: , 1969 <br />F'rancis J. 0 Ne?1, sident of Council <br />ATTEST • Crti <br />Florence Holm., Clerk of Council <br />APPROVED : f/,'/` q <br />/ <br />. <br />fialph E. Christman, Mayor <br />?osf a? S*Px f 6 9 <br />e <br />°? '?-4. dz-m -,5-1 9 ?6 y
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