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RESOLUTION NO . ~ c~ ,~ v <br />By : y ~~ ~ ~w RES©LUT ION REQUESTING THE AUDITOR TO <br />FURNISH A CERTIFICATE OF THE ESTIMATED <br />LIFE OR USEFULNESS OF THE IMPROVE1~lENT <br />OF ALEXANDER ROAD FROM END OF EXISTING <br />MAIN. TO EASTERLY CITY LINE, BY CON- <br />STRUCTING THEREIN A WATER MAIN, AND <br />TO CERTIFY THE MAXIMUM NIATURI'TY OF <br />NOTES . <br />WHEREAS, this Council contemplates issuing X7,$00.00 of <br />notes for the purpose of improving Alexander Road from end of exist- <br />ing main to easterly City line, by constructing therein a water <br />main, in accordance with the plans and specifications on file in <br />the office of the Director of Public Safety, and <br />WHEREAS, Sections 2293-2 and 2293-10 cif the General Code <br />require the fiscal officer of the City to certify to this Council <br />his estimated life of the property, asset or improvement proposed <br />to be acquired or constructed from the proceeds of sail notes, and <br />also to certify to this Council the maximum maturity of such notes <br />calculated in accordance with the provisions of Section 2293-9, and <br />WHEREAS, the City Auditor is the fiscal officer of this <br />City as defined by Section 2293-1 of the General Code. <br />NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY <br />OF NORTH OLMSTED <br />That the Auditor of this City is hereby requested to cer- <br />tify to this Council his conclusions as to the estimated life of such <br />improvement and the maximum maturity of such notes. <br />PASSED : May 20 , 19 52 <br />ATTEST: <br />. M. kris man, ouncil <br />APPRGVED: <br />;' ., <br />arence viatt, ayor <br />.; <br />~,.e,~. _. ,~ t...~.,:.w.~.r ., . k <br />