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92-122 Ordinance
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92-122 Ordinance
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1/20/2014 12:16:13 PM
Creation date
1/17/2014 4:57:22 AM
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North Olmsted Legislation
Legislation Number
92-122
Legislation Date
10/6/1992
Year
1992
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., <br />. . , . ? , <br />? <br />? <br />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 connec- <br />tion with your proposed issue of bonds in the maximum aggregate principal <br />amount of $3,370,000 (the Bonds) to advance refund all of the outstanding <br />principal amount of the $3,615,000 Bonds dated June 1, 1982 (the Refunded <br />Bonds), issued for the purpose of improving the recreational facilities of the <br />City by constructing a building housing an ice skating rink, swimming pool, <br />tennis courts and appurtenant facilities, constructing a toboggan slide, <br />acquiring, developing and improving the site therefor, and providing <br />furnishings and equipment for such recreation center and grounds (the <br />improvement), that: <br />1. The estimated life or period of usefulness of the improvement is <br />at least five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with <br />Section 133.34 of the Revised Code, is June 2, 2014, being thirty-two years <br />from the date of issuance of the Refunded Bonds and the last maturity <br />permitted by law for the Refunded Bonds. <br />Dated: 1992 <br />Director of Finance <br />City of North Olmsted, Ohio
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