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RESOLUTION N0. ,•~ ~ <br />BY: Mr. ~~~~i2- t~ESOhUTION REQUESTING THE AUDITOR TO <br />FURNISH A CERTIFICATE OF THE ESTIMATED <br />LIFE OF USEFULNESS OF THE IMPROVEMENT <br />OF CANTERBURY ROAD FROM LORAIN ROAD TO <br />A DRAINAGE DITCH 3000 FEET NORTHERLY <br />THEREFROM, BY CONSTRUCTING THEREIN A <br />STORM SEWER. <br />WHEREAS, this Council contemplates issuing X45,000.00 <br />of notes for the purpose of improving Canterbury Road from Lorain <br />Road to a drainage ditch 3000 feet northerly therefrom, by con- <br />structing therein a storm sewer, in accordance with the plans and <br />specifications on file in the office of the City Director of <br />Public Service, and <br />WHEREAS, Sections 133.24 and 133.21 of the Revised Code <br />of Ohio, require the fiscal officer of the City to certify to this <br />Council his estimated life of the property, asset or iffiprovement <br />pro posed 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 />WHEREAS, the City Auditor is the fiscal officer of this <br />City as defined by Section 133.01 of the Revised Code. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COiJNCTL OF THE <br />CITY OF NORTH OLMSTED, STATE OF OHIO: <br />That the Auditor of this C~tq 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 notes. <br />PASSED: November ,3 , 1954. <br />ATTEST: <br />E. M. Christman, erTc o Council <br />(~ /-~/. <br />E. W. aumgardner~ President <br />of Council. <br />APPROVED <br />harl s B Lewis NIa or <br />C e , Y <br />