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82-047 Ordinance
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82-047 Ordinance
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Last modified
1/22/2019 11:58:17 AM
Creation date
12/26/2013 9:16:04 AM
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North Olmsted Legislation
Legislation Number
82-047
Legislation Date
4/6/1982
Year
1982
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-. .»? <br />EXHIBIT 1 <br />AGREEMENT TO ISSUE BONDS <br />?. <br />? <br />THIS AGREEMENT, entered into as of the day of <br />, 1982, between the CITY OF NORTH OLMSTED, <br />OHIO, a municipal corporation organized and existing under <br />the Constitution and laws of the State of Ohio (hereinafter <br />sometimes called the "Issuer") and GREAT NORTHERN SHOPPING <br />CENTER, an Ohio limited partnership acting as agent for an <br />Ohio limited partnership to be formed (hereinafter sometimes <br />' called the "Company"), in furtherance of the public purposes <br />of Section 13 of Article VIII, Ohio Constitution, to create <br />and preserve jobs and employment opportunities and to im- <br />prove the economic welfare of the people of the State of <br />Ohio; and <br />WHEREAS, the Company desires to acquire, construct, <br />install and equip a commercial facility to be leased to <br />First National Supermarkets, Inc. (the "Lessee") and used in <br />a retail food sales operation together with related'office <br />and administrative functions (hereinafter called the "Pro- <br />ject") within the boundaries of the Issuer; and <br />WHEREAS, the Company has requested that the Issuer <br />issue industrial cievelopment revenue bonds gursuant to <br />1
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