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RESU:~UTION NO. 17?7 <br />By: <br />xESOLUTION RELEASING <br />SECURITIES <br />WHEREAS, the City of North Olmsted, Ohio has securities <br />in its possession more than necessary to guarantee payment of <br />its funds on deposit, and <br />WHEREAS, after the Release of this amount and <br />WHEREAS, there will be sufficient securities to <br />guarantee payment of City Funds by said depositor after the <br />release of said amount. <br />NOW THERE~ORE, BE IT RESOLVED B7C THE OOUNCTL Or' <br />THE CITY OF NORTH UL~~STED, OHIO, that the Clerk and Treasurer <br />be and are hereby authorized to release certain securities <br />in the amount of Une Hundred and Seventy Thousand Dollars <br />(~l'70,000) to the National City Bank of Cleveland, Ohio. <br />'t'his is an emergency measure necessary for the <br />public health, peace and safety and to provide for the release <br />of securities no longer necessary. <br />Passed: October 16, 1951 <br />Attest: <br />_ _ _.___ <br />E, ri st ,-- lerk-- ~ arenc viatt, yor ~. <br /> <br />