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f RESOLUTION N0. ~ 8",~J~3 <br />RESOLUTTON ACCEPTING THE BID <br />OF RYAN, SOUTHERLAND & COMPANY <br />FOR BOND S <br />WHEREAS, the bids were duly received for the following bonds: <br />North Olmsted -dater Improvement Bonds <br />'~~ and <br />4`~HERExS, said bids were as follows: <br />Ryan, Southerland & Company - Premium $577.00 at 3-1/~. <br />plus accrued interest. <br />Roose 8c Company - Premium ~366.0o at 3-1/2% plus ac- <br />crued interest. <br />Pohl & Company - Premium ~21~..17 at 3-1/2% plus <br />accrued interest. <br />Doll and Isphording -Premium X1$2.00 at 3-1/2% plus <br />accrued interest. <br />Walter Woody and Heimerdinger - Premium X175.23 at <br />3-1/2% plus accrued interest. <br />WHEREAS, this Council believes it would be to the best intefests <br />of the City to accept the bid of Ryan, Southerland 8c Company; <br />NO'~l, THEREFORE , BE TT RESOLVED BY THE CUUTJCIL OF THE CITY OF T~tORTH <br />OLNTSTED, OHIO: <br />Section 1. That the bid of Ryan, Southerland 3c Company for the <br />above mentioned bonds which total X64,900.00 and bearing interest at <br />the rate of 3-1/4% per annum at par and accrued interest, plus a pre- <br />mium of X577.00, be and the same is hereby accepted and said bonds are <br />hereby awarded to Ryan, Southerland & Company. <br />Section 2. That the rate of interest on said bonds shall be <br />3-1/4~ per annum in accordance with said bid. <br />Section 3. The Clerk of Council be. and is hereby authorized and <br />directed to certify a copy of this resolution to the County 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: October 7, 1952 <br />ATTEST.' <br />E. M. hristman, C e until <br />APPROVED <br /> <br />arence J,,~viatt, mayor <br />r <br />_~..~ - ,~, .;s, <br />_ _.._.,., ,,~~..,,. ~s-.;, ,-r.+em.,.~.rw.~.-... _.... ~.:. z~. mow.,,; r., ,a, .~2.r. _ ., <br />