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RESOLUTION N0. og 3 <br />BY: l~r. ~k~~ ye .: %' RESOLUTION ACCEPTING THE BID OF <br />RYAN, SUTHERLAND & COMPANY FOR .BONDS. <br />WHEREAS, the bids were duly received for the following City <br />of North 0]aested Bonds: <br />~59,200.0o Street Improvement Bonds <br />and, <br />WHEREAS, said bids Mere received as follows: <br />Byars Sutherland & Company, Toledo Ohio. <br />~~9:200.00, Premium ~357.~ at ~~ plus accrued interest. <br />First Cleveland Corporation, Cleveland, Ohio. <br />X59,200.00, Premium X531.00 at 4~~ plus accrued interest. <br />Hayden Miller ~ Company Cleveland Ohio. <br />X59,200.00, Premium 66.00 at ~.~~ plus accrued interest. <br />WHEREAS, this Council believes it would 'be for the best <br />interests of the City to accept the bid of Ryan, Sutherland ~ Company. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />NORTH OL~ISTED, STATE OF OHIO:: <br />Section 1 That the bid of Ryan Sutherland & C©mpa.ny for the <br />above ment~ne~~i~s which total 59,200.b0 at interest of ~.~ per annum, <br />at par and accrued interest, plus a premium of $357.0, be and 'the same <br />is hereby accepted and said bonds are hereby awarded to Ryan, Sutherland <br />& Company. <br />Ssotioa 2. That the rate of interest on said bonds shall be <br />y.~ per annum in accordance with said bid. <br />Section,, The Clerk of Council be and is hereby authorized <br />and directs to certify a copy of this Resolution to the County Auditor. <br />Section This Resolution shall take effect and be in force <br />from and a tamer-t a earliest period allowed by law. <br />PASSED: September ,'~ , 195b. <br />ATTEST: <br />__ <br />~, - _ _„`, <br />. stman, - ounce . . aur~gardner - esi eat <br />of Coumci~.. <br />APPROVED: <br />~~ <br />~' <br />rles ~e s, yar <br />