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61-092 Resolution
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61-092 Resolution
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Last modified
2/7/2014 10:08:24 AM
Creation date
2/4/2014 5:20:59 AM
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North Olmsted Legislation
Legislation Number
61-092
Legislation Date
5/3/1961
Year
1961
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? ?. <br />R'ESOLtTI'Ial N0. <br />COl?IIMQR(3 't'HE AiiAAfl AFD BAIE OF SS'MIaR AND SEiiRR PLANNIIlt) BQIDB <br />NHiMAB, the Direetor of Mnauoe has repo,rted tbat follvwing ciue <br />publication of notice of sale of the isaue of $esftr and Sever Planciing Bonds <br />authorize8 by OrQinance Aos. 6148 and 61-46 reepectively, bids were received by <br />hin st one o'clock p.m. oa May 2, 1961, for the purchaea of eaid benda, aad thst <br />he hes detezuined tbat the bid of FIELD, RICHARDS b C0. <br />for said bonds, as lollrnre : <br />Principsl Atount Iotereet ftte Pre4lwn <br />- <br />41,700,000 9mr Banda 4% $30,760.00 <br />*M,175 Brwr Planning Bcnda 4% 5,076•00 <br />eaostitutes the bigbest Did received baeed upon the lowest interest rste, and t,het <br />he hea eceordiagly aWarded the Dende to aoid bidder subject to coniirostioa by <br />Couaail; <br />11W, TMMIC, Ba IT IMQLYED by the Ceuncil of the City of Horth Olseted, <br />Ohio: <br />3ectivn 1. That the svard msd,e by the Direetar. of ftnenee to <br />F IELO R I CHARDS i C0. tor the purctiaae of the atoresaid issties of $1, 755',6W"" <br />ver Bcnft nd , 8ener Plaaaing B?da, ?rith presiuos aad intereat acatee <br />as abo?ne reCited ba emd the eame ie hereby coaifirmed end epproved. <br />8ection 2. That said bonds, efter beiag duly e"cuted aad signad aocord• <br />io6 to l&v and accotding to the ordinauccs sutborizing the same but besring reapec- <br />tively the nte of iatereat proM1rideQ therefor in eaid accepted bid be delivered by <br />the DireGtor of Finahce, togather vith s true tranecMpt and etatment of qet <br />indebtedaees, ccsrtified by the Clerk of Council, and such other informatiwa sa la <br />provided by lav. . <br />8ectiva 3. Ttat the Clerk of Council is hereby direpted to cert,itjr d <br />OaPY of thie reeplutian to the County Auditor aa required by 8ectian 133•36 of <br />the lbvised Gbde of Ohio. <br />. , <br />8ection 4. Thie resolution ie hereby Qeclsred t,e be an emergency <br />sGsoure neccsaory for the preoervation of the peacc, heslth and safety of the City <br />and itq inhebitante and for the iurther reasoa tdet Caapletian of sale of the <br />i?..?1? ?____ • . ' ' _ _ <br />aad be ia tarcc iawdlataly upon its <br />Pseaed: 1961 <br />• r „ <br />Approved: , <br />mayor <br />eqd 1 <br />t- ;. ? <br />.,.? ., ? <br />„?;, ?;??r ???,r ?c?i:° -,. <br />? /?, .? _ ?a} ?'X! 1 i?i? r <br />?-'.<nm..MM ?IR . . ? . . .• . . . ? <br />. ?. .N'.ev: • . .i . . , - ? <br /> <br />?
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