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65-052 Ordinance
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65-052 Ordinance
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Last modified
2/7/2014 10:09:11 AM
Creation date
2/5/2014 6:05:25 AM
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North Olmsted Legislation
Legislation Number
65-052
Legislation Date
3/4/1965
Year
1965
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IFIscAL olPnCER's CnMncaa <br />Xorth Olmsted, Ohio <br />/;7t44-'.GZ g% , 1965 <br />TO THR OOUNCIL OF THE CITY <br />OF PORTH OIMSTED, OHIO <br /> <br />The undersigned Director of Financt aad fiscal officer of the <br />City of North Olmsted, Ohio, hereby certifies as follaws in connection with <br />your proposed issue, of notes and bonda for the purpose of constructing <br />ssnitary sewers r+ith neceseary appurtensncca in the streets aad essemnts <br />designated in Section 1 of Aesolution 110.(04: zrdeclaring the necessity <br />of 8aid improvement psssed October 20, 1 <br />1. The estiaasted life of said ioprovement is st least five <br />yenrs. <br />2. The maxieum mturity of bonde for such purpose calculated <br />in sccordsnee rith the provisions of $ection 133.20 of <br />the Revised Code ie 40 yee?ra, but msy nat exceed the <br />twenty-year period heretofore fixed for collection of <br />asaessments therefor. <br />3• The meucimum msturity of notes issued in wnticipstion of <br />the iasue.nce of such bonds is five (5) Yve?ra, prorided, <br />hoWever, that if such notes are sold at private ssle, <br />thea the tisximun maturity is o4e (1) yroarc <br />Respectfully subritLed, <br />??. <br />n?to? o nance <br />EO <br />
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