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83-115 Ordinance
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83-115 Ordinance
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1/11/2014 12:36:12 PM
Creation date
12/17/2013 4:24:28 AM
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North Olmsted Legislation
Legislation Number
83-115
Legislation Date
10/18/1983
Year
1983
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00%k <br />?•? <br />FISCAL OFFICER'S CERTIFICATE <br />North Olmsted, Ohio <br />September 20, 1983 <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTED, OHIO: <br />The undersigned, as fiscal officer of the City of North Olmsted, <br />Ohio, as defined in Section 133.01, Ohio Revised Code, hereby certifies in <br />connection with your proposed issue of notes in anticipation of the issuance <br />of bonds for the purpose of constructing, furnishing and equipping a combined <br />bus garage, service garage and municipal administration building and improving <br />the site thereof, as follows: <br />1. The estimated life of each class of the improvements described <br />above is hereby certified to be at least five years. <br />2. The maximum maturity of such bonds, calculated in accordance with <br />the provisions of Section 133.20, Ohio Revised Code, and my certification of <br />September 27, 1982, may not exceed 20 years; provided that if notes in antici- <br />pation of such bonds are outstanding for a period in excess of five years from <br />the date of the original issue, the period thereof in excess of five years <br />shall be deducted from such maximum maturity of said bonds. <br />3. The maximum maturity of any notes issued in anticipation of such <br />bonds is ten years from the date of the original issue, to wit: November 10, <br />1992, if sold at public sale or to one of the funds of the City, and one year, <br />if sold at private sale. <br />Director of Finance <br />City of North Olmsted, Wio
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