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1697 Resolution
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1697 Resolution
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Last modified
2/10/2014 10:53:35 AM
Creation date
1/29/2014 9:22:55 AM
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North Olmsted Legislation
Legislation Number
1697
Legislation Date
12/19/1950
Year
1950
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h.ESOLuTIOiv ~o. /~ ~~ <br />FsY: i'Yr. ~aL~ln.~ardner RESOLUTION REt~UESTING THE CLEFiii <br />To FURAIISH h CERTIFICnT'E GF THE <br />ESTI~tiTED LIFE OR USEFULNESS <br />OF THE I~iPfiOVENT OF SILVEFiD~.LE <br />ROt~D FROG LOR~IN ROkD TG THE <br />NORTH LINE OF SUBLOT ~~0. 29 BY <br />CGNSTRUCTTi~G THEREIN ~ ~ikTER LINE. <br />~+HEFtE~S, this Council contemplates issuing 6,3QO.QQ of <br />bonds for the purpose of improving Silverdale Road from Lorain <br />Road to the north line of Sublot Dlo. 29 by constructing therein <br />a water line, in accordance with the plans and specifications on <br />file in the office of the Village Clerk, and <br />INHEREI~S, Sections 2293-2 and 2293-10 of the General Code <br />rewire the fiscal officer of the Village to certify to this <br />Council his estimated life of the property, asset or improvement <br />proposed to be acquired or constructed from the proceeds of said <br />bonds, and also to certify to this Council the maximum maturity <br />of such bonds calculated in accordance with the provisions of <br />Section 2293-9, and <br />1~'hEREtiS, the Village Clerk is the fiscal officer of this <br />Village, as defined by Section 2293-1 of the General Code. <br />NOI~, THEREFORE, the Clerk of .t his Village is hereby <br />requested to certify to this Council his conclusions as to the <br />estimated life of such improvement and the maximum maturity of <br />such bonds. <br />PkSSED: December 19, 1950 <br />eTTEST <br />__ __,_ <br />~._.`_ <br />CLTRK ___ <br />'~ <br />~t~YOR <br />
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