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RESOLUTION No. ~~~~ <br />BY: RESOLUTION REQUESTING THE AUDITOR TO <br />FURNISH A CERTIFICATE OF THE ESTIi+nATED <br />LIFE OE USEFULNESS OF THE II~IPROVEMETdT <br />OF LUCYDALE AVENUE FROM NORTHERLY LINE <br />OF SUBLOT N0. !+O TO KENNEDY RIDGE , BY <br />GRADING AND SLAGGING SAME AND TO <br />CERTIFY THE i~iAXIMtJi~I 1KATUR~TY OF NOTES . <br /> <br />Whereas, this Council cohtemplates issuing X3,500.00 of <br />notes for the purpose of improving Lucydale Avenue from northerly <br />line of Sublot No . 1.~0 to Kennedy Ridge , by grading and ~ slagging <br />same, in accordance with the plans and specifications on file in <br />the office of the City Director of rublic Service, and <br />Whereas, Sections 2293-2 and 2293-10 of the General Code <br />require the fiscal officer of the City to certify to this Council <br />his estimated life of the property, asset or improvement proposed <br />to be acquired or constructed from the proceeds of said notes, and <br />also to certify to this Council the maximu~ maturity of such notes <br />calculated in accordance with the provisions of Section 2293-9, and <br />Whereas, the City Auditor is the fiscal officer of this <br />City as defined by Section 2293-1 of the General Code. <br />idOW, THEREFORE, BL IT RESOLVED BY THE COUNCIL OF THE CITY <br />OF idORTH OLi~iSTED <br />That the Auditor of this City is hereby requested to <br />certify to this Council his conclusions as to the estimated life <br />of such improvement and the maximum maturity of such notes. <br />PASSED:. April 7, 1953 <br />ATTEST : <br />i2~, <br />M. Christman , k--cif Counci <br />APPROVED: <br />arence viatt, ayor <br />