10/18/2016 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 10-18-2016 Inc. in order to provide maintenance and repair services to computer hardware and software in the North Olmsted Fire Department. Resolution 2016-100 was introduced by Mayor Kennedy and given its second reading. A Resolution authorizing the Mayor to enter into a contract with the Cuyahoga County General Health District for the year 2017. Ordinance 2016-102 was introduced and placed on first reading by Mayor Kennedy. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of $3,075,000 for the purpose of refunding for debt service savings the $3,075,000 of the City's outstanding Capital Improvement Refunding Bonds, Series 2006D, dated as of June 29, 2006, that are stated to mature on December 1, 2020 and were issued for the purpose of advance refunding certain of the City's then outstanding Library Improvement Bonds, Series 2001, dated as of May 1, 2001, and issued for the purpose of constructing, furnishing, equipping and otherwise improving a free public library building and acquiring, preparing, landscaping and otherwise improving its site; authorizing and directing the call of all of the refunded Bonds for optional redemption; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement with respect to the refunding Bonds and an Escrow Agreement with respect to the refunding of refunded Bonds, and declaring an emergency. Councilman Kearney stated he is in receipt of the Fiscal Officers Certificate. Ordinance 2016-103 was introduced and placed on first reading by Mayor Kennedy. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of $1,370,000 for the purpose of refunding for debt service savings the $1,370,000 of the City's outstanding Recreational Facilities Refunding Bonds, Series 2006C, that are stated to mature on December 1 in each of the years from 2017 through 2021 and were issued as a part of a consolidated issue of $19,645,000 Capital Improvement Refunding Bonds, Series 2006C; authorizing and directing the call of all of the refunded Bonds for optional redemption; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement with respect to the refunding Bonds and an Escrow Agreement with respect to the refunding of refunded Bonds, and declaring an emergency. Councilman Kearney stated he is in receipt of the Fiscal Officers Certificate. Ordinance 2016-104 was introduced and placed on first reading by Mayor Kennedy. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of $277,000 for the purpose of refunding for debt service savings the $277,000 of the City's outstanding Recreation Center Improvement Refunding Bonds, Series 2006H, that are stated to mature on December 1 in each of the years from 2017 through 2020 and were issued as a part of a consolidated issue of $19,645,000 Capital Improvement Refunding Bonds, Series 2006C; authorizing and directing the call of all of the refunded Bonds for optional redemption; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement with respect to the refunding Bonds and an Escrow Agreement with respect to the refunding of refunded Bonds, and declaring an emergency. Councilman Kearney stated he is in receipt of the Fiscal Officers Certificate. 8