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1814 Resolution
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1814 Resolution
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Last modified
2/10/2014 10:53:25 AM
Creation date
1/29/2014 5:03:49 AM
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North Olmsted Legislation
Legislation Number
1814
Legislation Date
3/11/1952
Year
1952
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BY: <br />RESOLUTION TvO. / ~/ `f <br />~~~ 1 ~-~~~ RESOLUTION ACCEPTING THE <br />BID OF FIRST CLEVELAND <br />CORPORATION AND HAYDEN <br />MILLER & COMPANY, JOINTLY, <br />FOR BQ19I3 S . <br />WHEREAS, the bids were duly received for the following Bonds: <br />McKenzie Road No. 1 Mater Improvement Bonds. <br />McKenzie Road ~6~~ater Improvement Bonds. <br />Porter Road Water Improvement Bonds. <br />Walter Road Water Improvement Bonds. <br />Gessner Road Water Improvement Bonds. <br />and <br />TidHEREAS, said bids were received as follows: <br />First Cleveland Corporation and Hayden Miller Sc Company, <br />jointly. <br />Premium X1,064.00 at 2-3/J~a plus accrued interest. <br />issues. <br />Roose & Company. <br />Premium X921.00 at 2-3/4% plus accrued interest. <br />For all of above <br />For all of above issues. <br />Provident Savings Bank & Trust Company. <br />Premium X151.43 at 2-3/4% plus accrued interest. For all of above issues. <br />Pohl & Company. <br />Premium X675.63 at 3-1/4f plus accrued interest. For all of above issues. <br />WHEREAS, this Council believes it would be the best interests <br />of the City to accept the bid of r'irst Cleveland Corporation and <br />Hayden Miller & Company, jointly. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY <br />OF NORTH OLMSTED, OHIO: <br />Section 1. That the bid of First Cleveland Corporation and <br />Hayden Miller & Company, jointly, for the above mentioned bonds which <br />total ~g9,35$.00 at interest of 2-3/4~ per annum, at par and ac- <br />crued interest, plus a premium of X1,064.00, be and, the same is here- <br />by accepted and said bonds are hereby awarded to First Cleveland <br />Corporation and Hayden Miller & Company, jointly. <br />Section 2. That the rate of interest on said bonds shall <br />be 2-3/4% per annum in accordance with said bid. <br />Section 3. The Clerk of Council be and is hereby authorized <br />and directed to certify a copy of this Resolution to the County <br />Auditor. <br />Section 4. This Resolution shall take effect and be in <br />force from and after the earliest period allowed by law. <br />PASSED: March 11, 1952 <br />ATTEST: <br />. M. Christman, o ouncil <br />APPROVED: <br />arence iatt, ayor <br />~., s ._ <br />
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