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RESOLUTION NU. ~' 3 ~ ~ <br />BY: ~~r. i.~ ~.-`~- ~'~ ~ ~ r3.ESOLUTION ~E4~UESTIT~G THE AUDIT03 TG <br />FURNISH A CERTIFIC.~Tr, OF THE ESTIP~xTED <br />LTFE OR USEFULTJES,C OF THE IT~PROVET-~;NT <br />OF PORTER ROAD FROM END OF EXISTIN G I~`IAIN <br />TdORTHLT~.LY TO NORTH CITY LINE BY CONSTRUCTING <br />THEREIN A udATER T~~AIN. <br />~~HEREAS, this Council contemplates issuing X3$.900.00 <br />of bonds for the purpose of improving Ports' Road from the end of <br />the existing main northerly to the north City line, by constructing <br />therein a water main, in accordance with the plans and specifications <br />on file in the office of the City Director of Public Service, and <br />WHEREAS, Sections 133.21 and 133.21 of the Revised Code <br />of Ohio, require the fiscal o:Fficer of the City 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 of <br />such bonds calculated in accordance with the provisions of Section. <br />133.20, and <br />"~~JHr1~.E1~S, the City Auditor is the fiscal officer of this <br />City as defined by Section 133.01 of the Revised Code. <br />NOVd, THEREFOi~.E, BE IT N.ESOLVED BY THE COUT~:CIL OF THE <br />CI`Y OF NORTH OL~~STED, ST~.TE OF OHIO: <br />That the Auditor of this City is hereby requested to <br />certify to this Council his conclusions as to the estimated life <br />of such improvement and the maximum maturity of such bonds. <br />PASSED: August ~ , 1956, <br />ATTEST: <br />;r' <br />~' <br />~r <br />~Z~~t..c-,mot <br />E. T~istman, erk o Counci <br />E. W. Baumgardner esident <br />of Council. <br />APPROVED: <br />~_ <br />her es Lewis, PYTayor <br />