83-110 Ordinance - Laserfiche WebLink

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under the collective bargaining agreement may be paid to such employees. To the extent re quired by Section 4115.032, Ohio Revised Code, the Company shall comply, and shall require compliance by all contractors or subcontractors working on the Project, with all applicable requirements of Sections 4115.03 through 4115.16, Ohio Revised Code, includ- ing without limitation, obtaining or causing to be obtained from the Ohio Department of Industrial Relations (the "Department") its determination of the prevailing rates of wages to be paid for the class of work called for by the Project. Prior to the issuance of the Project Bonds, the Company shall provide the Issuer with evidence, satisfactory to the Issuer, that it has complied with the foregoing agreement. The Issuer hereby designates and appoints Mary Slama as its Prevailing Wage Coordinator. Section 9. Agreement, Assiq nment, Bond Purchase Aaree ment and Note. In order to evidence and secure the payment of the Bond Service Charges as the same shall become due an8 payable, the Executive and the Fiscal Officer, as appro- priate, are hereby authorized and directed to execute, acknowledge and dgliver, in the name and on behalf of the Issuer, the Agreement, the Assignment and the Bond Purchase Agreement and to endorse the Note to the Bondholders in substantially the forms submitted to the Legislative Author- ity, which instruments are hereby approved, with such changes therein not inconsistent with this Bond Legislation and not substantially adverse to the Issuer as may be per- mitted by the Act and approved by the officers executing or endorsing the same on behalf of the Issuer. The approval of such changes by said,officers, and that such are not sub- stantially adverse to the Issuer, shall be conclusively evidenced by the execution and endorsement of such instru- ments. Section 10. Federal Tax Election by Issuer. The Issuer hereby elects with respect to the Project Bonds, to be within the limitations imposed by the provisions of Section 103 (b) (6) (D) of the Code and the Executive or Fiscal Officer is hereby authorized and directed to perform any and all acts and provide such information as may be required by the Secretary of the Treasury, his delegate or the Internal Revenue Service in order to implement such election, and any and all acts heretofore taken pertaining to such election and relating to such requirements are hereby ratified and confirmed. Section 11. Other pocuments. The Executive, the Fiscal Officer, and the Clerk of the Legislative Authority or other appropriate officers of the Issuer are hereby 19