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82-047 Ordinance
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82-047 Ordinance
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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 />such optional anc3 mandatory redemption features and prices <br />as are requested by the Company, and will deliver the Bonds <br />to the purchaser or purchasers thereof and cooperate to its <br />fullest extent in consummating the transaction; provided, <br />however, that the Issuer shall not be obligated to issue the <br />Bonds unless and until it receives an approving opinion from <br />qualified bond counsel as to the tax exempt status of the <br />interest on the Bonds, the form of which opinion -shall be <br />approved'in advance by the Law Director. <br />3. Al1 wages paid to laborers and mechanics employed <br />on the Project shall be paid at the prevailing rates of <br />wages of laborers and mechanics for the class of work called <br />for by the Project, which wages shall be determined in <br />accordance with the requirements of Chapter 4115, Ohio <br />Revised Code, for determination of prevailing wage rates; <br />provided, that if the Company undertakes, as part of the <br />Project, construction to be performed by its regular bar- <br />. gaining unit employees who are covered under a collective <br />bargaining agreement which was in existence prior to the <br />date of this Agreement, the rate of pay provided under the <br />applicable collective bargaining agreement may be paid to <br />such employees. To the extent required by Section 4115.032, <br />Ohio Revised Code, the Company shall comply, and shall <br />require compliance by all contractors or subcontractors <br />4
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