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90-089 Ordinance
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90-089 Ordinance
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1/20/2014 12:15:31 PM
Creation date
1/16/2014 7:55:18 AM
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North Olmsted Legislation
Legislation Number
90-089
Legislation Date
7/11/1990
Year
1990
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• ? , _ ?*`' <br />. ? <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 $1,010,000 of notes (the Notes), to be issued <br />in anticipation of the issuance of bonds (the Bonds) and the collection of <br />special assessments heretofore levied to pay costs of improving North Olmsted <br />Industrial Parkway between certain termini by grading, draining, curbing, <br />paving and constructing a water main and storm and sanitary sewers, together <br />with the necessary appurtenances thereto (the improvement), that: <br />1. The estimated life or usefulness of the improvement is at least <br />five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is at least twenty years and because the <br />special assesstnents will be payable over a period of twenty years, and the <br />Bonds are to be issued in anticipation of the collection of those special <br />assessments, the maximum maturity of the Bonds is twenty years. <br />3. The maximum maturity of the Notes is August 3, 1993. <br />Dated: July 3, 1990 <br />iSlrector of Finance <br />City of North Olmsted, Ohio
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