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RESOLUTION N0. ~,~, oa <br />BY : Mr. ~a-12.E-~ <br />RESOLUTION REQUESTING THE AUDITOR TO <br />FURNISH A CERTIFICATE OF THE ESTIMATED <br />LIFE OF USEFULNESS OF THE IMPROVEMENT <br />OF ROOT ROAD FRO1~7 END OF EXISTING MAIPJ <br />TO A FOINT 1203 FEET NORTHERLY, BY <br />CONSTRUCTING THI~aREIN A WATER MAIN. <br />WHEREAS, this Council contemplates issuing X11,000.00 <br />of notes for the purpose of improving Root Road from the end of <br />existing main to a point 1203 feet northerly, by constructing <br />therein a water main, in accordance with the plans and specifica- <br />tions on file in the office of the City Director of Public Service, <br />and <br />WHEREAS, Sections 133.24 and 133.21 of the Revised Code <br />of Ohio, require the fiscal officer of the City to certify to this <br />Council his estimated life of the property, asset or improvement <br />proposed to be acquired or constructed from the proceeds of said <br />notes, and also to certify to this Council the maximum maturity of <br />such notes calculated in accordance with, the provisions of Section <br />133.20, and <br />WHEREAS, the City Auditor is the fiscal officer of this <br />City as defined by Section 133.01 of the Revised Code, <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE <br />CITY OF NORTH OLMSTED, STATE OF OHIO: <br />That the Auditor of this City is hereby requested to <br />certify to this Council his conclusions as to the estimated life <br />of such improvement and the maximum maturity of such notes. <br />PASSED: September 7, 1954• <br />ATTEST: <br />/' ~ ~f <br />G~C.C,~~ ~--~ <br />Ruth Klee, Deputy Clerk of Council <br />APPROVED <br />.__._--- <br />E. W. Baumgar ner, resident <br />of Counei <br />Charles B. Lewis, Mayor <br />