83-152 Ordinance - Laserfiche WebLink

Home Browse Search

mate the transactions provided for in the Note Documents and this Note Legislation. Section 13. Compliance with Section 121.22 of the Ohio Revised Code. It is found and determined that all formal actions of this Legis- lative Authority concerning and relating to the adoption of this Legis- lation were adopted in an open meeting of this Legislative Authority. and that all deliberations of this Legislative Authority and of any of its committees that resulted in formal action, were in meetings open to the public in compliance with all legal requirements, including Section 121.22 of the Ohio Revised Code. Section 14. Federal Tax Election. This Legislative Authority hereby elects to have the limitation on capital expenditures specified in Section 103(b)(6)(D) of the Code applied to the Project Note, and the Executive Officer, the Fiscal Officer or any other duly suthorized officer is hereby authorized and directed to execute and file with the Internal Revenue Service a statement regarding such election, as provid- ed by the rules and regulations of the Internal Revenue Service. Section 15. Designation and Appointment of Prevailing Wage Co- ordinator. The Issuer does hereby designate and appoint Mary Slama as its prevailing wage coordinator for the Pro,ject, pursuant to the re- quirements of Section 4115.071, Ohio Revised Code to perform the duties therein specified. Section 16. Effective Date. This Ordinance is hereby declared to be an emergency measure for the immediate preservation of the public peace, health and safety, and f or further reasons that this Ordinance must be imediately effective to eliminate the hazards to the Issue and its people resulting from lack of Job opportunities. 33