Laserfiche WebLink
RESOLUTION PdO. ~, L ~,~ <br />BY: Mr. 1+~~~-c~-~ RESt}I~UTION DETEPNIINING TO PR~EED WITH <br />THE ELECTION QF THE QUESTION OF THE <br />ISStdANCE OF BONDS IN THE SU~i OF ~-150,000.00 <br />FOR THE ERECTIf~-N EJF' A MUNICIPAL. S"~TIN~II~G <br />POOL. <br />WHEREAS, this Council on the 21st day of Jane, 1955, duly <br />_ passed a resolution providing for the submission to the electors of <br />the City of North Olmsted, Ohio, at the next Nov~-ber election of <br />the question of the issuance of bonds in the sums of One Hundred <br />Fifty Thousand Dollars (150,000.00 for the purpose of constructing <br />a firepro®f building to be used for- a swimmi~ag pool as well as <br />equipment anti furnishings fear the same, and of the ~.evy of a tax to <br />provid® for the pay~.ent thereof, and <br />WHEREAS, the County Auditor of Cuyahoga County has certified <br />to this CQUncil that in accordance with his ealc~itton, the average <br />annual levy throughout the life of such bends which will be required <br />to pay the interest on and retire such b®nds, assuming that they are <br />all issued in one series, and that the amount of the tax list of said. <br />city remains the same throughout the life of said bonds as the amount <br />of the tax list for the current year, is .525? mid-~-s• <br />NCHd, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY <br />QF NORTH OLM~STFD, STATE OF OHIO, that this Council proceed with the <br />issuance of said bonds and that the Clerk be and he is hereby directed <br />to certify to the Board of Elections in Cuyahoga County, the resolu- <br />tion of thus Council calling such election hereinbefore referred toy <br />together with the amount of the average tax levy as estiffiated by said. <br />Ccsunty Auditor and the maximum number of years to retire mid bendds, <br />namely twenty years, and to give notice of said election in.acc®rdance: <br />with Section 133.11 of the Revised Statutes of the State of Ohio. <br />PASSED:. July ~'! 1955• <br />ATTEST: , <br />P W.. <br />r <br />istmany ounci <br />APPROVED: <br />~ ` <br />r es . is, apor <br />~\'"fie <br />Q <br /> <br />