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<br />OPDINANCF N0.
<br />ALITHORiZ,ING, THF D?:RWTOR CF LAyJ 0F THE CITY f>F NORTH 0 1:t'?`?°r
<br />TI
<br />F'.KI"?)'A SPIFLTA1; C0U°tSEl. TO ASSI1,rL filM Iri `1'HE PR0CIMT.NGS
<br />.WKE; SA, ITY ?`0 A,,C. OMPY.:CSH'I°frF F I i`ANC I!YG OF TIiE SE1JERA GE OF
<br />'I`Ii,A`I' 1--ORTitJ?? OF TH1: CITY KN04dN AS AREA 3_1
<br />WHER?.AS, in c?raer tc, prawide the financing necessary for const,r•tzct2on
<br />af ttzr Axea 3 sewerage systeral kaein3z aa addition tv the existirg mtani?lpa1
<br />sewt?rage systema, it wi;.l te necessary to takr proceedirAgs fox° the isseaass?? of
<br />speeial assessmnt riates and laorcist City portion gencrr3l obligation n???s axad
<br />bands, and the prepare.t,ion ar.d cacec;iior. of a contract wi.tka Cuyahoga Ccaunty for
<br />sewe:rage service tr, t;erritory l,yiag soLitt, of the corpcarate bauazdaries of the C-L°.vy,
<br />anci C<?ancii de4m:.? it desirabie to provide °or the serrice of bond cat.€naal ta
<br />assyst the Director of Law in tnese rratters; and
<br />S, 't y t)rdirmir,,-, e Noo 111?21-7w3ssed 1964r
<br />:ci:i has ;>rdvided for such services vit:h respect only o the notes to %oe
<br />issiied in ant.1cipation ol' specia:l assassruent bends and authorized paqmnt tP??refraa°
<br />aa the swn of $1,025, arc des:ires here:.n to authorize and pzrovide for the ba.I.ance
<br />of the rna*ter hereinanove recitedp
<br />40`:+, 'I'1fERx:FORE, BE I'I' ORi}AINTE'I) BY 'I'?IE COUNCIZ 0F 2'HE CI'1'X (aF NORTH CgI ;, Q.'_`Iti:<r
<br />Stction ?. '?'t-iat the Di.rec.tor of' I.--.w tae and he is hex°eby auttiorized to
<br />Pmpioy the law f'-'.-m of 1_33quire, Sanders & Dempsey, of Cleveland, Ohica, Nlunicipal
<br />Bond A*torneys, °;c r?ssiUt him in the pa•eps,ration of ?uisite legisyatioza and ?`
<br />taicirg af, the pr.oceed;.ngs f'cr n
<br />(a) Siza=,ciQi Assessment Ronds ta be .issued to retire the r,otes hereinabove
<br />r?ec ?:d, ?_rc;?..zi? C:i?.; annr.oti°ir? opir?:or. :: ereon, at a fee estirn?ated no?; t4?
<br />ex(.eed ,1.,:3 'S; . .. _
<br />(b) "i.t,y pox°tdon, uond a.nticipatior notes ir, the e$ticnatcd amoun.t of $1,672?000,
<br />inclading Fir,T)r:vintr apinion t:iereun, at a fee estimaited aicat tc exc??? $950;
<br />(c) C;it;! [tOrti<,n t?o:?r3s to be issuec: tc> zetire such City partion riotes, inciucling
<br />appn:?vi r*-, th°reor., at a f'ee estimat,ed na;; to exceed $i, jjQ;
<br />(d) Prepa: =?tior2 and sup,::•ris.ian of proceeaings for a City-County tjoint use
<br />? sEwec• ,.c>rtrac in eLr.:,ecti-?,r, w?tr s£.?7 Area 3 proceedings, aG a-. aee estirnated
<br />nc,t .;(; excE.ed
<br />:iE:C*'?Q?': 2. TY1LiL I'C_r vtl" t)P rendererl by S8.1.C1 IAW fj.Z°L7 the
<br />??f'oY?.as< '.., feP; ne Pai,i m,y the Cit,-,r, t?:gether with out-af-pac}t??t expenses
<br />f01^ ^,E'y W}I'1Cki sLlIIlS 5i181.1 ?E: -o&iCj f'POtt2 the
<br />^Ur`sti ..?.S:7,
<br />-1eC7 y E3.21CI OtheT"d,i.S@ fT'Ulfl f:tl@
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