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MINUTES OF THE SPECIAL MEETING OF THE COUNCIL <br />THE CITY OF NORTH OZMSTED, OHIO <br />Nov. 2, 1960 - 7:311 P.M. <br />Present were Bruce MacDonald, President of Council; Henry Caster, Ralph <br />Christanan, Dewey Limpert, A.L. Mangani, Francis J. O~Neill, Lillian Nicholas, <br />George Porter. <br />Also present: Louise Hai. 1, Clerk <br />Ordinance No• 3146 was given its second reading. An ordinance providing for <br />the issuance of ~1,525,00o first mortgage sewerage system rev®nus bonds of the <br />City of North 0]msted under Section l2, Article XVIII of the constitution of <br />the State of Ohio for the purpose of improving and extending the municipal <br />sewerage systea:; to authori.z~ the execution of a mortg~e of said system <br />to secure said bonds and to secure additional parity bonds hereafter authorized; <br />to define the terms of a franchise under which, iri case of foreclosure, <br />the purchaser may operate said system; and to provides ixi erv®nt of defaaxlt, <br />for the appointment of a receiver to administer said system. <br />The meeting adjourned to the call of the clerk at 7x40 P.M. <br />;'7 ,~ <br />,i' <br />~~ ~ ~, <br />Louise Hall, Cl~-rN o Counci Bruce Mae n d, Pres nt o until <br />