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RESOLUTION iVO. ~ ~~ <br />BY: ~~~'~', ~~~ '~Y ~` i~LL° RESOLUTION ACCEPTING T~iE BID OF <br />FOX, REUSCH & COMPANY FOR BONDS <br />1dHEREAS, the bids were duly received for the fcllorring bonds: <br />Dover Center Road No. 2 Water Improvement Hoods <br />and <br />WHEREAS, said bids were as follows: <br />Fox, Reusch & Company - Premium $300.00 at 3-1/49 <br />plus accrued interest. <br />Wm. J. Mericka & Company - Premium X66.40 at 3-1/4~ <br />plus accrued interest. <br />Walter Woody and Heimerdinger - Premium X64.41 at <br />3-1/~.~ plus accrued interest. <br />Providence Saving & Trust Company - Premium $5$.96 <br />at 3-1/~+~ plus accrued interest. <br />First Cleveland Corporation - Premium $290.00 at <br />3-1/2~ plus accrued interest. <br />Ryan, Sutherland ~C Company - Premium 257.00 at <br />3-1/2`~ plus accrued interest. <br />Pohl & Company - Premium X209.30 at 3-1/26 plus ac- <br />crued interest. <br />Hayden, Diller & Company - Premium X131.00 at ~.~ <br />plus accrued interest. <br />WHEREAS, this Council believes it would be to the best interests <br />of the City to acc®pt the bid of Fox, Reusch & Company. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />NORTH OLMSTED, OHIO: <br />Section 1. That the bid of Fox, Reusch 8c Company for the above <br />mentioned bonds which total 32,200.00 and bearing interest at the rate <br />of 3-1/4i~ per annu~a at par and accrued interest, plus a premium of <br />X300.00, be and the same is hereby accepted and said bonds are hereby <br />awaried to Fox, Reusch & Company. <br />Section 2. That the rate of interest on said bonds shall be <br />3-1/49 per annum in accordance with said bid. <br />Section 3. The Clerk of Council be and is hereby authorized <br />and directed to certify a copy of this resolution to the C©unty Auditor. <br />Section 4. This resolution shall take effect and be in force <br />from and after the earliest period allowed by law. <br />PASSED: January 6, 1953 <br />ATTES <br />. hristman, o ouncil <br />APPROVED <br />larenc viatt, yor <br />