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11/3/2016 Meeting Minutes
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11/3/2016 Meeting Minutes
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North Olmsted Legislation
Legislation Date
11/3/2016
Year
2016
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Council Minutes of 11-03-2016 <br />Ordinance 2016-110 introduced by Mayor Kennedy was given its third reading. An <br />Ordinance providing for the issuance and sale of Bonds in a maximum aggregate <br />principal amount of $1,485,000 to provide funds to pay costs of improving Country Club <br />Boulevard and certain other designated streets between certain termini in the City by <br />grading, draining, constructing reconstructing and rehabilitating the pavement base, <br />preparing the surface and resurfacing, installing new sidewalks, decorative crosswalks, <br />curbs, curb ramps and gutters, ornamental street lighting, vehicular and pedestrian traffic <br />control signs, signals and devices, center islands and landscape planting and other site, <br />streetscaping and aesthetic improvements, where necessary, in each case together with <br />the necessary appurtenances and work incidental thereto; and authorizing the execution <br />and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a <br />Bond Purchase Agreement. Councilman Kearney moved for adoption. The motion was <br />seconded by Councilman Barker and passed unanimously. Ordinance 2016-110 adopted <br />5-0. <br />Ordinance 2016-111 introduced by Mayor Kennedy was given its third reading. An <br />Ordinance providing for the issuance and sale of Bonds in a maximum aggregate <br />principal amount of $1,330,000 to provide funds to pay costs of improving the City's <br />traffic control system, in cooperation with the Ohio Department of Transportation, by <br />acquiring and installing signals and other equipment and devices to direct and control the <br />flow of vehicular and pedestrian traffic in the City, together with the necessary <br />appurtenances and work incidental thereto; and authorizing the execution and delivery of <br />a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase <br />Agreement with respect to the Bonds. Councilman Barker moved for adoption. The <br />motion was seconded by Councilman Kearney and passed unanimously. Ordinance 2016- <br />111 adopted 5-0. <br />Ordinance 2016-112 introduced by Mayor Kennedy was given its third reading. An <br />Ordinance providing for the issuance and sale of Bonds in a maximum aggregate <br />principal amount of $540,000 to provide funds to pay costs of renovating, remodeling, <br />rehabilitating, furnishing, equipping and otherwise improving buildings and facilities in <br />the City's Recreation Center Complex and improving and equipping their site, together <br />with all necessary appurtenances and work incidental thereto; and authorizing the <br />execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure <br />Agreement and a Bond Purchase Agreement. Councilman Kearney moved for adoption. <br />The motion was seconded by Councilman Barker and passed unanimously. Ordinance <br />2016-112 adopted 5-0. <br />Ordinance 2016-113 introduced by Mayor Kennedy was given its third reading. An <br />Ordinance providing for the issuance and sale of Bonds in a maximum aggregate <br />principal amount of $720,000 to provide funds to pay costs of improving the City's <br />sanitary sewer system by renovating, re-equipping and otherwise improving the City's <br />Bradley Road Pump Station and its site, together with all necessary appurtenances and <br />work incidental thereto; and authorizing the execution and delivery of a Bond Registrar <br />Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement. <br />Councilman Barker moved for adoption. The motion was seconded by Councilman <br />Kearney and passed unanimously. Ordinance 2016-113 adopted 5-0. <br />E <br />
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