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83-010 Ordinance
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83-010 Ordinance
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1/11/2014 12:36:16 PM
Creation date
12/26/2013 9:40:44 AM
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North Olmsted Legislation
Legislation Number
83-010
Legislation Date
2/15/1983
Year
1983
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v ? tirr++ <br />FISCAL OFFICER'S CERTIFICATE <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTED, OHIO: <br />The undersigned, Director of Finance of the City of North Olmsted, <br />Ohio, as the fiscal officer thereof, hereby certifies in connection with your <br />proposed issue of notes in anticipation of the issuance of bonds for the <br />purpose of acquiring motor vehicles for the Department of Public Safety, as <br />follows: <br />1. That the estimated life of the vehicles described above is hereby <br />certified to be at least five years. <br />2. That the maximum maturity of bonds to be issued for those vehi- <br />cles, calculated in accordance with the provisions of Section 133.20, Ohio <br />Revised Code, is five years, that being my estimate of the life and period of <br />usefulness thereof; provided that if notes in anticipation of such bonds are <br />outstanding for a period in excess of five years from the date of the original <br />issue, the period in excess of five years shall be deducted from such maximum <br />maturity of said bonds. <br />3. That the maximum maturity of the notes to be issued in anticipa- <br />tion of the issuance of such bonds is ten years, if sold at public sale or to <br />one of the funds of the City, and one year, if sold at private sale. <br />Respectfully submitted, <br />.?? vi? <br />Director of Finance <br />City of North Olmsted, Ohio <br />Dated: February 1, 1983
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