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<br />CITY OF NORTH OLMSTED <br />RESOLUTION NO. 96 - 152 <br />BY: Mavor Ed Bovle <br />A RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR TO SUBMIT AND <br />SEEK FINANCIAL ASSISTANCE FROM THE 5TATE ISSUE 2 INFRASTRUCTURE <br />BOND PROGRAM FOR FUNDING OF VARIOUS MUNICIPAL CAPITAL <br />INFRASTRUCTURE IMPROVEMENTS PROJECTS, AND DECLARING AN <br />EMERGENCY. <br />WHEREAS, pursuant to Article VII, Section 2K of the Ohio Constitution, the State of <br />Ohio is authorized to issue bonds and other obligations of the State for the purpose of financing <br />public infrastructure capital improvements of political subdivisions as designated by law; and <br />WHEREAS, pursuant to Section 164.06 of the Ohio Revised Code, the District One <br />Public Works Integrating Committee has been created to accept, evaluate and recommend <br />applications for state financing of capital infrastructure improvements projects of political <br />subdivisions in Cuyahoga County; and <br />WHEREAS, pursuant to Section 164.05 of the Ohio Revised Code, the Ohio Public <br />Works Commission has been created to accept and approve applications for state financing of <br />capital infrastructure improvements projects of political subdivisions in Cuyahoga County; and <br />WHEREAS, the City of North Olmsted has conducted a capital inventory and needs <br />assessment and has determined that it is necessary to submit applications for financial assistance <br />for capital infrastructure improvements projects. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF NORTH <br />OLMSTED, COUNTY OF CUYAHOGA, AND STATE OF OHIO: <br />SECTION 1: The Mayor is hereby authorized to submit and apply to the District One <br />Public Works Integrating Committee and the Ohio Public Works Commission for financial <br />assistance for certain municipal improvements projects for Program Year Eleven.