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69-009 Ordinance
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69-009 Ordinance
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Last modified
1/11/2014 11:37:17 AM
Creation date
12/26/2013 10:25:33 AM
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North Olmsted Legislation
Legislation Number
69-009
Legislation Date
1/21/1969
Year
1969
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<a . <br />FISCAL OFFICER'S CERTIFICATE <br />North Olmsted, Ohio <br />1969 <br />; <br />?. <br />TO THE CIXJNCIL OF THE CITY OF NORTH OLMSTED, OHIO: <br />The undersigned as fiscal officer of the City of North Olmsted, <br />hereby certifies as follows: <br />1. The estimated life of the improvement of Southern Avenue by <br />paving and constructing storm sewer inlets and concrete sidewalks in accord- <br />ance with Resolution No. 65-278, as amended by Resolution No. 66-193, is at <br />least five years. <br />2. That the maximum maturity of bonds to be issued for the con- <br />struction of such improvement calculated in accordance with Revised Code <br />Section 133.20 would be twenty years, but by reason of the assessments in <br />anticipation of which said bonds are to be issued being collected over ten <br />years, the maximwn maturity of said bonds is ten 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 if sold <br />publ.icly, or one year if sold at private sale. <br />Respectfully submitted, <br />? <br />Directbr?Finance <br />City of North Olmsted
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