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2001-038 Ordinance
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2001-038 Ordinance
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Last modified
1/16/2014 10:57:30 AM
Creation date
1/16/2014 3:24:57 AM
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North Olmsted Legislation
Legislation Number
2001-038
Legislation Date
3/21/2001
Year
2001
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FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />As fiscal officer of the City of North Olmsted, I certify in connection with your <br />proposed issue of not to exceed $152,000 of bonds (the Bonds) for the purpose of advance <br />refunding at a lower interest cost the $136,000 of the City's outstanding Judgment Bonds, Series <br />1992, issued as a part of the consolidated issue of $11,085,000 Various Purpose Bonds, Series 1992, <br />dated as of December 1, 1992, that are stated to mature on December 1, 2012 (the Refunded Bonds) <br />and were issued to pay costs of the judgment rendered against the City in Civil Action Number <br />C82-3089 in the United States District Court for the Northern District of Ohio, Eastern Division, <br />and losses, damages and expenses related thereto, that the maximum maturity of the Bonds, <br />calculated in accardance with Sections 2744.081(C)(1) and 133.34(A)(3) of the Revised Code, is <br />not earlier than December 1, 2012, which is the fmal maturity date of the Refianded Bonds and was <br />calculated consistently with the provisions of Section 133.20 of the Revised Code. <br />r1 ? ? <br />Dated: March 6, 2001 <br />Director of Finance <br />. City of North Olmsted, Ohio
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