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90-081 Ordinance
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90-081 Ordinance
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1/20/2014 12:15:32 PM
Creation date
1/16/2014 8:02:16 AM
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North Olmsted Legislation
Legislation Number
90-081
Legislation Date
7/10/1990
Year
1990
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? <br />? . 5 <br />Notes, the facts, circumstances and estimates on which they are based, and <br />other facts and circumstances relevant to the tax treatment of the interest on <br />and the tax status of the Notes. <br />Section 11. The Clerk of Council is directed to deliver a certified <br />copy of this ordinance to the County Auditor. <br />Section 12. This Council determines that all acts and conditions <br />necessary to be done or performed by the-City or to have been met precedent to <br />and in the issuing of the Notes in order to make them legal, valid and binding <br />general obligations of the City have been performed and have been met, or will <br />at the time of delivery of the Notes have been performed and have been met, in <br />regular and due form as required by law; that the full faith and credit and <br />general property taxing power (as described in Section 9) of the City are <br />pledged for the timely payment of the debt charges on the Notes; and that no <br />statutory or constitutional limitation of indebtedness or taxation will have <br />been exceeded in tlie issuance of the Notes. <br />Section 13. This Council finds and determines that all formal <br />actions of this Council concerning and relating to the passage of this ordi- <br />nance were taken in an open meeting of this Council and that all deliberations <br />of this Council and of any committees that resulted in those formal actions <br />were in meetings open to the public in compliance with the law. <br />Section 14. This ordinance shall be effective from and after the <br />earliest time permitted by law. <br />Passed: 1990 <br />Attest: ?• ? <br />cting Clerk of Council President of Council <br />Approved: /2?7? 1990 <br />? <br />? <br />a r <br />?
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