|
, 3- 9-6-55
<br />30 •The maximum m2.turity of the b onds contemplated by said ordinance author-
<br />izing issuing of notes is ten years.
<br />All of which is respectful7.y submitted.
<br />. E. Ni. Christman, City Auditor.
<br />Ordinance #219$ was introduced by Mr. Kramer. An Ordinance detexznining to proceed
<br />with the 3mprovement af Whitehaven Avenue frorn E]znhurst ftoad to Broxbourne Road,
<br />by constructingtherein a water main. It was movad and seconded that the statutory
<br />rule be suspended and the Ordinance be read itrnnediately the second and third times
<br />and put on its passage. The affii-.native vote on said motion was as follows: Baker,
<br />' Crider, Decker, Knapp, Kramer, Neubauer, Schwenk. Thereupon the Ordinance was read
<br />the second and third times and put upon its passage and the affirmative vote thereon
<br />was as follows: Baker, Crider, Decker, Knapp, Kramer, Neubauer, Schwenk,
<br />Ordinance #2199 wa.s introduced by Pir. Decker. An Ordina.nce to provide for the issu-
<br />ing of notes in anticipation of the levs of,special assessments and in anticipation
<br />of the issuing of bonds in anticipation of the collection of special assessments for
<br />the improveraent of Whitehaven Avenue from Elmhurst Road to Broxbourne Road, by con-
<br />structing therein a water main. It was moved and seconded that the statutory rule be
<br />suspended and the Ordinance be read immediately the second and thixd times and put on
<br />its passage. The affirmative vote on sa3.d motion was as follaws: Baker, Crider,
<br />Decker., Knapp, Kramer,$ Neubauer, Schwenk. Thereupon the Ordinance was read the second
<br />. and third times and put,upon its passage and the affirmative vote thereon was as fol-
<br />. lows: Baker, Crider, Decker, Knapp, Kramer, Neubauer, Schwenk. ,
<br />A motion was made by Mr: Bsker and seconded by Mr. Decker that the Sz,fety-Service
<br />Director be authorized to adverti3e for bids for the insta.llation of a water main
<br />on Whitehaven Avenue, "Yeas" Baker, Crider, Decker, Knapp, Kramer., Neubauer, Schwenk:
<br />Oi'dinance #2200 was introduced by Mr. Baker. -An Ordinance to vacate Webster Avenue
<br />North Olmsted, Ohio, its entire length. It was moved and seconded that the statutory
<br />rule be suspended and the Ordinance be read immediately the second and t hird times
<br />arid put on its passage. The affirmative vote on said motion was as follotifs: Baker,
<br />Crider, Decker,, Knapp., Kramer, rdeubauer,, Schwenk. Thereupon the Ordinance was read
<br />the second and thirii times and put upon its passage and the affirinative vote thereon
<br />was as follcn,rs: Baker, Crider, Decker, Knapp, Kramer, Neubauer, Schwenk.
<br />According to advertisement in the Fairview Herald, the followi.ng bids were received
<br />for notes and bonds: . . Na.tional City Banky Cleveland Ohio Certified Check $500,00
<br />'. $50,000.00 2-year notes 2% - Prem. $5.00 .
<br />: First Cleveland Corp. Cleveland. Ohio Certified Chock $1479.00
<br />$130,900.00 Street Improvement Bonds 3% - Prem. $1231.00
<br />9.,000.00 Landfill Bonds 3 - Pre.m. w$5.00
<br />' 8.,0,00.00 C lague ftd. C omf ort St a. 3% --Prem. 75. O4 i
<br />, ProvidentSavinas 'Bank & Trust Co,, Cincinnati, Ohio - Certified Check $1450000
<br />*147,900.00 Bonds , . 3?% - Prem. $562.02 .
<br />Ryan Sutherland Co:, Toledo, Ohio Certified Check $1309.00?,
<br />*130, 900. oo Bor?a 9 3% - Pr?. 0uo7, oo J
<br />9,000.00 Landfill Bonds 3 3?4%- " 25.04 Certified Check $90.00 .,
<br />8,000.00 Comfort ?sta. 3,3/4r- ?r 7.00 n u 80.00
<br />Pohl dc Co.. Cincinnati. Ohio .
<br />?130, 900.00 Bonds - 4% Prem. $15,00 1479.00
<br />. $, 000.00 5%
<br />. 90000,00 n - 5%
<br />?0,000.00 two year notes - 5%
<br />Resolution #2201 was introduced by rZr, Crider. A Resolution.accepting the bid of
<br />•First Cleveland Corporation for bonds. It was moved-and seconded_that,the statutory
<br />I'ule be suspended and the Resolution be read immediately the second and third times
<br />and put on its passage. The affizmative vote on said motion was as follrnws: Baker,
<br />Crider, Decker, Knapp, Kramer, Neubauer, Schwenlt. Thereupon the Resolution was read
<br />the second and third times and put upon its passage and the affirmative vote thereon
<br />"was as follows: Baker,, Crider, Decker, Knapp, Kramer, Neubauer,'Schwenk.
<br />
<br />m
|