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`~ RESOLUTION N0. ~ o <br />BY: Mr. RESOLUTION ACCEPTING THE BID OF FIRST <br />CLEVELAND CORPOI~TION FOR BONDS. <br />WT3EREAS, the bide were duly received for the following <br />City of forth Olmsted Beads: <br />~1~3,000.00 Motor Vehicle Bands <br />and <br />~, <br />WHEREAS, said bids were received as follows: <br />xyan Sutherland Ce. <br />Premium X73.00 at 3-1/~.~ plus accrued interest. <br />Fos Reuach & Co. <br />Premium X90.00 at 3-3/4~ plus accrrued interest. <br />Ha den Miller C©. <br />Premium ~1~..~0 at 3-1/~.~ plus accrued interest. <br />First Clevela ~ Corpn. <br />Premium X127.00 at 3-1/~.~ plus accrued interest. <br />WHEREAS, this Council believes it would be for the best <br />interests t~f the City to accept the bid of First Cleveland CorpOraties. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY <br />OF NORTH OLMSTED, STATE OF OHIO: <br />Sectiv 1 That the bid of First Cleveland Corp®ratian fer <br />the above me rt ah~©nds which tctaltJ+3 f000.O0 at interest cad 3-1/~.~ <br />per annu~t, at par anct accrued interes , p us a premiwe of X127.00, be <br />and the same is hereby accepted and said bonds are hereby awarded to <br />First Cleveland Corporation. <br />Sectia~_2,,_. Tit the rate of interest on said bonds shall be <br />3-1/~.~ per a -fin accordance with said bid. <br />Secti©,= The Clerk of Council be aad is herebp a~tthc~rized <br />and directe~c to certify a copy of this &esolution to the Cvtp Auditor. <br />Section ~ This Resolution shall take effect and be in force <br />from and a~ter~~ie earliest period allowed by law. <br />PASSED: June /~' , 195b. <br />ATTEST: <br />s n, er o Duna . afar er ~ eat <br />of Counci <br />APPROVED: <br />G~IaP e3 . 8, ~~2" <br /> <br />