Laserfiche WebLink
RESOLUTION N0. _%C c%' o <br />BY : Mr. ~r/ Ltfiyvrt: !r RESOLUTION REQUESTING THE AUDITOR TO <br />FURNISH A CERTIFICATE OF THE PSTIM.'~TED <br />LIFE OR USEFULNESS OF THE ACQUISITION <br />OF REAL ESTATE FOR FUTURE CONSTRUCTION <br />OF FIRE HOUSES AND THE PURCHASE OF FIRE <br />APFAR4TUS AND TO CERTIFY THE MAxIMUM <br />MATURITY OF E30NDS. <br />WHEREAS, this Council contemplates issuing X50,000.00 <br />of bonds, if approved by the Electors at the November 2nd 195+ <br />General Election, for the purpose of acquiring real estate for <br />future construction of necessary fire IZOUSes and the purchase of <br />fire apparatus, ($10,000.00 for acquiring real estate and X1+0,000.00 <br />for the purchase of fire apparatus), and <br />WHEREAS, Sections 133.2. and 133.21 of the Revised Code <br />of Ohio, require the fiscal officer of the City tc certify to this <br />Council his estimated life of the property, asset or improeement <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 />WHEREAS, the City Auditor i~ 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 COUNCIL OF THE <br />CITY OF NORTH OLMSTED, STATE OF OHIO: <br />That the Auditor of this City is hereby requested to <br />certify to this Council his conclusi©ns as to the estimated life <br />of such improveffients and the maximum maturity of such bonds. <br />PASSED: ~~ . ~~~ `~'~_ ,~' ~ ~` <br />ATTEST : ' ~,,. <br />~.:- ,~ L~ L ` , <br />E?N~. ~hristffian; C~.er- k o~`~ Council. <br />APPROVED: <br />t~ . <br />Charles B. swis, Mapor. <br />