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96-140 Ordinance
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96-140 Ordinance
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Last modified
1/28/2014 10:11:44 AM
Creation date
1/21/2014 4:36:58 AM
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North Olmsted Legislation
Legislation Number
96-140
Legislation Date
9/18/1996
Year
1996
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_ ?. ,? . ?._. ?. _ . ..1? - .?. ?.?... .. <br />__ ?.. ?.?.? . <br />.?..?w.. - .._.._??..w <br />1 <br />e • . t .w-1 r <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 $150,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of acquiring and equipping an emergency rescue vehicle for <br />use in carrying out functions of the Division of Fire of the Department of Public Safety, that: <br />1. The estimated life or period of usefulness of the equipment 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 June 19, 2011. <br />Dated: August 19, 1996 <br /> <br />Director of Finance <br />City of North Olmsted, Ohio <br />D03: [00523. DOCS. NOR05230)FOC_NM_FIRE_SQUAD_S I50.
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