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88-087 Ordinance
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88-087 Ordinance
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1/11/2014 12:54:36 PM
Creation date
1/3/2014 11:27:48 AM
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North Olmsted Legislation
Legislation Number
88-087
Legislation Date
7/6/1988
Year
1988
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4ow- <br />*'MW <br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />? <br />? <br />As fiscal officer of the City of North Olmsted, I certify in connec- <br />tion with your proposed issue of $300,000 of notes (the Notes), to be issued <br />in anticipation of the issuance of bonds (the Bonds) for the purpose of <br />providing funds to pay costs of the judgment rendered against the City in <br />Civil Action Number C82-3089 in the United States District Court for the <br />Northern District of Ohio, Eastern Division, and losses, damages and expenses <br />related thereto. <br />1. The maximum maturity of the Bonds, calculated in accordance with <br />Section 2744.081(C)(1) of the Revised Code, is twenty years. <br />2. The maximum maturity of the Notes is twenty years, provided that <br />their maximum maturity is one year if the Notes are sold at private sale. <br />Dated: July 5, 1988 <br />Director of Finance <br />City of North Olmst` , Ohio
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