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MINUTES OF THE SPECIAL MEETI~ OF THE COUNCIL <br />THE CITY OF NORTH OLMSTID, OHIO <br />NOV. 3, 19b0 - 8:10 P.M. <br />Present were Paul J, Gareau~ Mayor; Bruce MacDonald, President of Council; Henry <br />Caster, Ralph Christ~aan~ Dewey Limperty A.L. Mangani~ Francis J. O~Neill~ Lillian <br />Nicholas, George Porter. <br />Also present were: C.J. Ovi.att, Solicktor and Louise Hall, Clerk. <br />Ordinance No. 3146 was given its third and fine]. reading. An ordinance providing <br />for the issuance of $1~525,~ first mortgage sewerage system revenue bonds of <br />the City of North Olmsted under Section 12, Article XVIII of the constitution <br />of the State of Ohio for the purpose of improving and extending the municipal <br />sewerage system; to authorize the execution of a mortgage of said system to <br />secure said bonds and to secure additional parity bonds hereafter authorized; to <br />define the terms of a franchise under which in case of foreclosure, the <br />purchaser may operate said system; and to provide, in event of default, for the <br />appointment of a receiver to acknini.ster said system. It was moved by Mr. <br />Mar~ani, seconded by Mr. O~Neill, the ordinance be adopted as read. eYease <br />Caster, Christman Limpert, Mangani, O'Neill, Nicholas, Porter. <br />The meeting ad3ourned to the call of the Clerk at 8sl~ P.M. <br />,. <br />~? - ~ <br />., <br />,_ <br />/' , ~.~. <br />~ I,ou~is Hal.., C rk of until Bruce MacDonald, President of Council <br />