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RESOLUTION No. ~ ~ z i <br />BY: Air. ~-2~C~'f RESOLUTION REQUESTING THE AUDITOR TO <br />FURNISH A CERTIFICATE OF THE ESTIl~.ATED <br />LIFE OF USEFULNESS OF THE Il~PROVEi+~iT <br />OF PORTEF~ ROAM F80~ END OF ESISTING MAZN: <br />NORTHERLY TO NORTH CITY LINE, BY CON- <br />STRUCTING THEREIN A WATER MAIN. <br />WHEREAS, this Council conteffiplates issuing ~?2,000.00 <br />•f a•tes for the purpmse of i.mpr®ving Porter Road fr•s the end of <br />the existing main to the n•rth city lines by cosstructiag therein <br />a water aain, in accordance with the plans and specifications •a <br />file in the • ffice of the City Director of Public Service, and <br />WHEREAS, Sections 133.21 and 133.21 of the Revised Code <br />of Ohi•~ require the fiscal officer of the City t® certify t© 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 />notes, and also to certify to this Council the maximum maturity of <br />such notes calculated in accordance with the provisions of Section <br />133.20, and <br />WREREAS, the pity Auditor is the fiscal officer of this <br />City as defixed by Section 133..01 •f the Revised Code. <br />NOWT THEREFORE BE IT RESOLVED BY THE 6iDUNCIL OF THE <br />CITY OF NORTH OLMSTED, S'~ATE OF OHIO: <br />That the Auditor of this City is hereby requested to <br />certify t4 this Cmuacil his conclusions as to the estimated life <br />®f such improvement and the maximum maturity of such notes. <br />PASSED: ~-1~~~2' .~ ~ ~~` <br />a <br />ATTEST: <br />?~y ,.~~- <br />E. Christman, Clerk o ounci <br />,, <br />of Counci <br />~~~~ <br />APPROVED: <br />~3 <br />har es ewis~ yar <br />