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RESOLUTION N0. J 7 G <br />,, <br />dom.. <br />G~~ <br />BY: ~~~/ - RESOLUTION REQUESTING THE CLERY <br />TG FURNISH A CERTIFICATE OF THE <br />ESTIMATEll LIFE OR USEFULNESS OF <br />THE IMPROVEMENT OF CANTERBURY <br />ROAD, FROM LORAIN ROAD - NORTH, <br />TO THE NORTHERLY LINE OF THL~ COE <br />RTDGE INVESTNTENT CU . 2449.05 FEET <br />FROM LORAIN, BY CONSTRUCTING TH:r~3.EI~ <br />A ~dATER MAIN, AND TO CERTIFY THE <br />MAXIMUM MATURITY OF NOTES. <br />WHEREAS, this Council contemplates issuing ~p27,000.00 of <br />notes for the purpose of improving Canterbury Road, From Lorain Road - <br />North, to the Northerly line of the Coe Ridge Inv estrnent Co. 2449.05 <br />feet from Lorain, by constructing therein a water main, in accordance <br />with the plans and specifications on file in the office of the Village <br />Clerk, and <br />WHEREAS, Sections 2293-2 and 2293-10 of the General Code <br />require the fiscal officer of the Village 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 maximum maturity of such notes <br />calculated in accordance with the provisions of Section 2293-9, and <br />WHEREAS, the Village Clerk is the fiscal officer of this <br />VILLAGE as defined by Section 2293-1 of the General Code. <br />NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE VTLLAGE <br />OF NORTH OLMSTED: <br />That the Clerk of this Village is hereby reque sted to certify <br />to this Council his conclusions as to the estimated life of such <br />improvement and the maximum maturity of such notes. <br />Passed: G~~~~ ~ / 1951. <br />Attest: <br />..~--, - <br />~-.r <br />E. M. Christman, C l e r k rence Ov tt, Mayo r. <br />.__ .,~t.. ~.,~, .. ~.,o,.~. ~.,n,, ... ,w .,~.p,_ <br />