09/22/1965 Meeting Minutes - Laserfiche WebLink

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MINUPES OF SPECIAL MEETING OF 'T'ETE COdTNCIL OF THE CITY 0F NORTH OLMSTED September 22, 1965 7:34 P,M, lool- A special meeting of the Gouncil was called by the Presidenit of Counci19 F. J. 0'Neill for September 22, 1965 at 7:30 P.M. at. City Halle Present: Mayor Ralph Christman; President df Gouncil Francis J. 0'Nebll; ,7ack Foltz; Virginia Hodginsy James Leonard; Dewey Limpert; A. L. Manganis Absent: Henry Castery ,Tohn Westa Council was polled by the President of Coaxncil, and each eoaancilman acknowledged ithat he had been notified twenty-four haurs fn advance of the speciaI meeting, Ordinance No. 65-217 was given its third reading and read in its entirety. Prn- viding for the issuance of $123,000 Second Mortgage Sewerage System Revenue Bonds, of the City of North Olmsted under Section 12, Article XVIII of the Consti- tution of the State of Ohio for the purpose of constructing improvements to the Municipal Sanitary Sewerage System; to atathorize the executfon of a mortgage of said system and the extensions and improvements thereto, and the revenues thereof to secure said bonds; to define the terms nf a franchise°under which, in case of foreclosure, the purchaser may operate said system; and to provide, in event of default, for the appointment of a receiver to administer said system. Mr. Mangani moved for adoption of the ordinance, seconded by Mr, Foltz, Affirma- tive vote thereon was Foltz, Hodgins, Limpert, Manganf. Opposed was Leonard. The motion passed. Mr. Limpert moved to excuse the absences of Mr. Gaster and Mr. West, seconded by Mr. Leonard, "Yeas" Foltz, Hodgins, Leonard, Limpert, Manganf. Mr. Limpert moved for adjournment, seconded by Mr. Leonard, Affirmative vote thereon was Foltz, Hodgins, Leonard, Limpert, Mangani, Meeting was adjourned to the call of the Clerk at 8:15 P.M. Margaret D West, Clerk of Council Francis J. O'Neil , President of Council