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<br />CERTIFICATE CIF TFiF FI,SCAL flFFICER ?
<br />To the Council of the City of North Olmsted, Ohio: •The undersigneii, City .4uditor, as the fiscal officer of the City of IJorth
<br />Qlmsted, Ohio, as defined by Section 133.01 of the Revised Code of Ohio, hereby cer-
<br />tifies as follotas;
<br />l. That the estimated life of the property or 3mprovement referred to in
<br />Your Resolution No. 2233 of December 6, 1955, is hereby certified to be in excess
<br />Of ,five yearso
<br />26The maximum maturity of such bonds calcu2ated in accordance 1;i th the pro-
<br />visicns of Section 133.20 of the Revised Code of Ohio, and the weigr.ted average of
<br />the a^-olints proposed to be expended for said classes of irnprovement is as follows: `
<br />(A) $120,000.00 for the construction of two fireproof buildr.ngs to be used
<br />? or fire houses, 25 years.
<br />(B) $20,000.00 for equipanent 2nd furnishin?s for said buildings, 10 years.
<br />(C) The weibhted average of the amount proposed to be expended for said
<br />classes is 22 years. ,
<br />Should you authorize a single bond issue for a11 of said clas3es the maxirsum
<br />Zaturity of said bcnds could not exceed such weighted average of 20 years.
<br />All of which is respectfully submitted.
<br />Ruth Klee, Deputy Auditor.
<br />Ordinance ?2234 Yras introduced by tir. Kramer. An Ordinanes providing for the issu-
<br />ance of bonds of the City cf North Olmsted, Ohia for the purgose of constructing
<br />t'"O fireproof buildings to be used for fire houses and the purchase of necessary
<br />equiPment and furnishings for the same. It was raoved and seconded that the statutory
<br />"Ile bE suspended and the Ordinance be read ircpnecitately the second and thirti times
<br />and put.on its passage. The affirm,ative vote on said motion was as follows: Baker,
<br />crider, Decker, Knapp, Kramer, Neubauer, Schwenk. T:iereupon the Ord3nance was read
<br />the second and third times and put upon its passage and the affirmative vote thereon
<br />was as follows: Baker, Crider, Aecker, Knapp, Kramer, Neubauer, Schwenrc. ,
<br />Q??inance #2235 Uras introduced by Mr. Neubauer. An Ordinance determining to proceed
<br />h the •impxovement-_of Coe Avenue, its entire length, by constructing therein a
<br />tlater main. It was moved and seconded that the statutory rule be"suspended and the
<br />Ordinance be read imme3iately the second and third times and put on its passage.
<br />Kr,?affi?,tive ?rote on said motion was as follows: Baker, Crider, Decker, Knapp,
<br />.?.er, Neubauer, 5chwenk. Thereupon the Ordinance was read the second and third
<br />thereor. was as follor?rs:
<br />8ak?r, Crider? Dectter, Knapp, ge Kraand mer, he Neuaff ba?r, S?hwenk.
<br />R?gOZution #2236 tiras introduced by 11r6 Schwenk. A Resolution requesting the Auditor
<br />?° ?rn.i.sh a certificate of the estimated life of usefulness of the improvement of
<br />°e Avenus, its entire length by constructing therein a water main. It was moved
<br />alld seconded that the statutory rule bA suspended and the Resolution be read i.mmedi-
<br />5te13' the second and third tzmes and put -on it s passage, The affirmative vote on
<br />T?d motion was as follows: Baker? Crider, Decker? Knapp? Krarser, Neubauer, Schwet?k;.
<br />anereupon the Resolution was read the second and third times and put upon its passage
<br />ars l Schwenkthereon was as follows: Baker, Crider, Decker, Knapp?
<br />Neub
<br />CERTIFICATF, QF T}i"r. FISCAL OFFICF33 12-6-55
<br />T0 the Council of the City of Pdorth Olmsted, Ohio:
<br />??StThe urideraigned, City* Aulitor, as the fiscal officer of the City o?' North
<br />ee ?,?; fd, Q'.zio, as defined by Section 133.01 of the I?evised Code of Ohio, hereby -
<br />?.ies as follows:
<br />yo ?• That the estimated life cf the prcpertf or iLnprovanent referred to in
<br />y ur Resolution No. 2236 of Decmber 6, 1955 is-hsreby certified to be at least ten
<br />axs ?
<br />2e The raaximum maturity of such notes calculated in accordancs ti,rith the pro-
<br />VlSiOns cf Section 133.20 of the Revised Code of Ohio is two years.
<br />igs 3• The maximun maturity of the bonds conteraplated by 3aid ordinance author3.zing
<br />ulng of notes is ten years. •
<br />All of ti,,hich is respectfully submitted.
<br />Ruth Klee, Deputy Auditor '
<br />issihance rr2237 was introduced by Mr. Neubauer. An Ordinance to provide for the
<br />patu?j of notes in anticipation of the:lev?,? of Sf?eCi3?. assessments and ?.n antici-
<br />n?nton of the issuins of bor.ds in anticipation of the collection of speaiay assess-
<br />?,y,?atefOx the improvement of Coe Avenue, its entire length, by constructing therein :
<br />the )rdxnance betread irmnediatelyethedsecondtandethstatutovj ird tiMf srand putson? its egassabe.
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