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96-080 Ordinance
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96-080 Ordinance
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Last modified
1/28/2014 10:10:15 AM
Creation date
1/17/2014 9:45:54 AM
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North Olmsted Legislation
Legislation Number
96-080
Legislation Date
5/9/1996
Year
1996
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.0?1 <br />. . . .. ,......,»?:rM».«.??«.w.,w,=.e?:.,.??.?w?.,?...,. ...<. . .. , _. .. . . <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 connection with your <br />proposed issue of $750,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of acquiring fire trucks, together with the necessary equipment <br />and appurtenances thereto, for use in carrying out functions of the Division of Fire of the <br />Department of Public Safety, that: <br />1. The estimated life or period of usefulness of the fire apparatus described above <br />is at least five years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is ten years. If notes in anticipation of the Bonds are <br />outstanding later than the last day of December of the fifth year following the year of issuance <br />of the original issue of notes, the period in excess of those five years shall be deducted from that <br />maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is May 25, 2008, which is fifteen years <br />from May 25, 1993, the date of the original notes issued for this purpose. <br />Dated: May 9, 1996 <br />Director of Finance <br />City of North Olmsted, Ohio <br />D03:[00523.DOCS.NOR05225]FOC FIRE TRUCK $750.
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