|
&~S~L~'IOR xo, ~ ~ ~~
<br />B7: li3r. R~.S~Z.t~TI~R PR~ITIDI~IG FO~t 1~ A1~tA ~f A&
<br />___._~ _______.. I3 OF D3 ~3p' Tlffi CIR? ~F RAIt'PR EH,
<br />~RI~, AID RS~'$AhlR~ii L?C`TI~ RA. 25~.~, ~
<br />PASS1 ~~t 1?, 195?.
<br />WHR~A;~, ®a 3epteotber 17 195?, bids xere received for the purchase
<br />of ~].~.1,?5®". greet Iaproveseat bonds authorized by @rdia~aee ~® 251
<br />passed by ~hac~.l ea Asst 2A, i957, folloxin,i dine adverti~eme~t of said
<br />be ~s fer public sale fn accordaace xith lax, the Iai~hsst bid fer said bonds
<br />based ~taen the lexeat rate of interest bein,~r that of Walter, Wsody and
<br />Re3.merdin~er of ~iacianati, Ohio ch bid for bonds beari~ .am interest
<br />rate of four sad one-quarter (1~-~/ per center par aan~ Frith a premius
<br />of ~1,135.A~; and
<br />~, by reason of cash payments aads xithin the perieds pro-
<br />. vided fer in th,~ erdiaances levpia~ assessaents for the inprovems~nts to be
<br />fiaaaced by the iss ce of such bonds, the a~regata auunt of sneak bolds
<br />infest be reetuced to 1L4.,34~.®0 xith appropriate revisiva of the tenets and
<br />prc~visiens of said beads, all of xhich has been acao~aplished by tl~ passage
<br />oa this date of " 0rdiaaace I~+e , amendia~ 3ectieas 1, ~ sad b of ard-
<br />iaasce ~o 2511, as aseaded; and
<br />W~1~E~S Walter, Woc~y sad ~eimerdia~er ©f Ciacinaati Ohio, has
<br />agreed to accept ~elivery of ~11~.,3~.AC Street Islareveaeat Eea~s bear3.~
<br />the revised. terse and provisions set Perth. is 4rdinaace ~®. , as vox
<br />amended ea eenditiaa that the premiutit ®ffered fer the purchase of
<br />~11~7.,75b.A0 of said beads be reduced tn'® rata is visM of the reduced aseunt
<br />of the issue, sad Ceuacil has detersiaed to accept the bid of Walter, Woody
<br />sad ~simerdia<er as sa revised.
<br />p0~11, T~FFt3RE BE ST RE3~LYBD gY TRS C~tTNCIL OF TgE CITS ~f
<br />R~RT?~ OLpl3TSD, STATE OF ~~II4:
<br />3 That the aforesaid Street ?apravessat kends of this
<br />City is the " -".he pal amcannt of ~111~.,3~~.~A, bearing the tors and maturing
<br />as provided is ~rdinaa~e ~® 257. as aaeaded by Ordinance ~t®. ,
<br />passed-this date, are her.bp axarded. and sold t® Walter, ~®edy and ~feiaar-
<br />diager, b earine interest at the rats of four and vne-quarter (~.-1/~.9G~ par
<br />cent~am per a~sm~, w3.th a premitma of $915:21 sad accrued interest to the date
<br />of delivery.
<br />e~2s That the C~.erk shall bs sad he is hereby authorized
<br />and direct~,t® sense said beads to be printed f®rthxith and the~snpea have
<br />the sane ezaet~tad and delivered tmgethar ,rith a trine transcript of the prc~-
<br />ceediags auth®riziag said bonds to Walter ~iToOdy sad Reiserd q~ er xpea paq-
<br />asat of the par valve thereof, glee ..the a~®resaid pres.us faiths ameuat of
<br />X915,21 and accrued interest to the date ®f delivery.
<br />That the q.erk is hereby authorized sad directed f~
<br />deliver a t3ert." ec4py of this Resolution to the ABditor ®f Cuyahoga.
<br />County.
<br />g~ac~t~~a:4. That Resolution ~Ta. 25~$, i~assod ~-.optenber 17, 1957,
<br />be and the saes s ereby repealed.
<br />3ect~® ~ 'This resolution is hereby declared to be an effiergencp
<br />`:~` measure aeaessary or the preservation of the public peace, welfare and
<br />~"`~ safet* of this Cavity, and far the farther reason that the notes issued fer
<br />these street impraveseats have matured or are aboat to eaters sad must be
<br />r®tired xith the proceeds of the bonds authorized herein tv prefect the
<br />credit of the C~.ty; ~rhersdora, this resolutidroval bytthe Mayer. and be-
<br />is force immediately with ifs passage and app
<br />PAS3B?~31:. Shpt r •?-3 , 57. `~ ,~,
<br />ATTEST::
<br />is man, er o ones :.art c er, aside
<br />of Council.
<br />APPROQS~: .
<br />es s, yor
<br />
|