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~sGLUTIO~ ~vo. ~ 7'~-~ <br />By: ~!~ ~ ~GGdz~ <br />R~OLUrIO:~ ACCEPTING THE BID <br />OF R005.~ & CO. FOR THT SILYRDALE <br />ROAD WATT I~tPROV~'NT BON13S N0. <br />2 Iii T~ FOUNT OF X10 650.OC <br />ACID SELHURST RGAD WAT IliPRO~TE~IENT <br />BONDS Ise Tf3E AYOUiVT OF X12, 050.00 <br />:ttAKTi3G A TOTAL Off` ~22, 700.Ot~ . <br />~iE1~i.l~AS, the following bids were received for Silverdale <br />Road dater Improvement Bonds No. 2 in the amount of X10,650 00 <br />and Selhurst Read Water Improvement bonds in the amount of12,050.00, <br />total X22,700.00. <br />Roose ~ Co. Premium X81.75 at 2 3j~ plus accrued interest. <br />Fahey, Clark ~ Co. Premium X73.10 at ~ plus accrued interest <br />and <br />~iHERE~.S, this Council believes it ~ro~d be to the best <br />interests of the Village to accept the bid of Roose and Co. <br />NOW THEREF'ORRt BE IT RESOLVED BY T.EiE COUNCIL OF Tf <br />VILLAGE OF NORTH OLI~STED, STATE; OF OHIO: <br />Section 1. That the bid of Roose & Co. for ~610,650.QC <br />Silverdale Road dater Improvement Bonds No. 2 and X12,©50.00 <br />Selhurst Road Water Improvement Bands in the to~a~, amount of <br />X22, 740.00 bearing interest at the rate of 2 3 4~~ per annum, <br />at par and accrued interest, plus a premium of X81.75, be and <br />the same is hereby accepted and said bonds are hereby awarded <br />to Roose & Co. <br />Section 2. That the rate of interest on said bands <br />shall be 2 3j4,~ per annum in accordance with said bid. <br />Section 3, The Clerk be and he is hereby authorised <br />and directed to certify a copy of this resolution to the County <br />Auditor. <br />Section 4. This resolution shall take effect and be i.n <br />force from and after the earliest period allowed by lar~. <br />passed: day 1, 1951 <br />Attest: <br />. ~. Chrism , erg <br />r <br />~~ s <br />C arence J vis.tt, Mayor <br />