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<br /> <br />~J <br />By ~=~~n~r~C~ <br />CITY OF NORTH OLMSTBD <br />RESOLUTION No. 62 <br />A RESOLUTION REQUESTING THE DIRECTOR OF FINANCE <br />TO FURNISH A CERTIFICATE OF MAXIMUM MATURITY, <br />WHEREAS, Council of the Citq of North Olmsted, <br />Ohio, contemplates issuing $12,500.00 of bonds and notes in <br />anticipation thereof for the purpose of providing funds to <br />finance the construction of a water line in Walter Road and <br />the necessary appurtensnces thereto. <br />NOW, THEREFORE, BE IT RESOLVED by the Council <br />of the City of North Olmsted, State of Ohio: <br />Section 1: That the Director of Finance of this City <br />is hereby requested to certify his estimate of the life or use- <br />fulness of the property to be acquired and the maximum maturity <br />of the bonds calculated in accordance with the provisions of <br />Section 13320 of the Revised Code as well as the maximum maturity <br />of such notes. <br />Section 2: That this Resolution shall be in force and <br />take effect immediately upon its adoption by Council. <br />PASSED : ._„_,_~~~~ <br />Bruce c onald, President <br />of Council <br />ATTEST: <br />,~ pc-rf-c~c~,e, , <br />Louise Hall, Clerk o Council <br />APPROVED: ~- <br />Psu ~ ~a.reau, Mayor <br />~~~~z <br />~--`/:E <br />