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65-085 Resolution
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65-085 Resolution
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2/12/2014 10:24:55 AM
Creation date
2/10/2014 8:08:14 AM
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North Olmsted Legislation
Legislation Number
65-085
Legislation Date
4/6/1965
Year
1965
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w~,t <br />R~OLVt'ION ',VO. ~_~ <br />RLtII'ION PROVIDING 1~'0R AID AWARD <br />~ ~~ C!' BOMB CF TBE CITY OF <br />OI~ISTED, ~iZ0 <br />~ASi on April 6, 1965, bids were received for the purchase of <br />$5k,00O l~iunicipal Bus Rtrch~-se Bands authorized by Ordinance Plo. 65_55 <br />passed 1~-rch 2, 1965, foilowing due advertise~eent of said bonds for public <br />sale in accordance with i~w, the highest que~lified bid for said bonds based <br />upon the lavest rate of interest being that of ald o. <br />of __ w eh s ar on s ear <br />'rest rate ~ „~Qur ~~~ per centum per annum with <br />a presitsn of $_~Q;~p®,,,~3 <br />~~ ~"~, BR IT RESOLVED by the Council of the City of North <br />Opted, Ohio: <br />section 1. That the aforesaid Municipal ~s Purchase Bonds of this <br />City in the principe-1 amt of $54,000 bearing the terms and maturities as <br />provided in Ordinance No. 65-55, are hereby awarded and sold to <br />i NcOcx-a 1 d o of ~i bra 1 in~l ..Qb.~Q... <br />bear ng interes at the rate of _ -fo.,~,~.~b <br />per centum per ann~na, with a premium of $ ~ ~Q_~ ------ <br />Section 2. That the , <br />authorized ar;d directed to caus~aaidobends toybehnrinteda~~ ~hwithha-ndbthere- <br />upon have the same executed and delivered together with a true transcript of <br />the proceedings authorizing said bonds to NCOt~Id ~ Co. <br />a oresa pr um in t e amountpof payment o'~the par vs uF> thareo , Plus' Fie <br />date of delivery. ~ 5-_ 4,1 ~010p anc? ac~~r~;P~i interest to t?~ <br />Section 3 • '.that the Cleri; of Council is Y~erer~,~ a~.atherized and <br />directed to deliver s copy of this r~s~lution to the iudito: { f Cuyahor~a <br />County. <br />Section 4. This resolut:or. is hereby declared to be an emergency <br />measure necessary for the preservation of the public peace, we±_aro and <br />safety of this City, and far- the further- reasor, that the i~nt~diate purchase <br />of these bases is necessar~~ to eliminate hazard; to p:~de:,*,~-i~Ar. and vehicular <br />traffic and to maintain ±~-,~~ adeq~rac;;~ and :-esult~int public n^.cer+„ancca of the <br />Cit;~'s coachhisnresolut hc..' ~',ri tect the inve ~tment ^ ° this ~;i;,~ therein; <br />wherefore, t ~~~ and be . , <br />its rhassag~~oval '•,y ,,:,~ hh~o~ f. __c,, f•,. ~`~ :immediately upon <br />and upp. y . <br />Passed: ~~~~ lyr, ; <br />I':~~ ; ~ i~~n+ of r~unci <br />~~tte~ s t : <br />_._ ____ ~,j :rk of ~ouncii. <br />`~.Uprover3 <br />1~b5 <br /> <br />
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