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RESOLV~IOx ~~a. 1977. <br />gy; ~.~ Crider RE30LDTIOH ACCEPTING THE BID <br />OF FIRST CI~I.AND CORPORATION <br />FOR BONDS. <br />WHEREAS, the bids xere duly received fAr the folloxia~ <br />Gitq of Forth Olssted Boads : <br />Water 1+1~taia Ispro'saeat Boads $92,200.x0 <br />Astor F'ehicls Boads 40,000.00 <br />Shelter Hesse Addition No. 2 Bands 10,000.00 <br />and <br />WHEREAS, said bids xere received as follows: <br />First Cleveland Corporation <br />Premi.us $317.00 at 3~ plus accrued interest. For all of the above <br />issues. <br />Foz-Beets eh Cwt~aa~ <br />Pre~ni~tm X503.60 at 3-1/496 plus accrued interest. For all of the <br />above issues. <br />Pahl & Cospaa <br />Premius X796.32 at 3-1/~~ plus accrued interest. For all of the <br />move issues. <br />Willies J. A+Iericka Ccstpaap <br />P'resiss $205.00 at 3yG plus accrued interest. For all of the above <br />issues. <br />WHEAtEAS this Council belieYSS it xonLd b® for the best <br />interests of the ~itT to accept the bid of First Cleveland Corporation. <br />NoW, TxER~FOR~ BE IT RESOLVED By THE cOt~tCIL of TIDE CITY <br />OF NORTH 07~STED, STATE ~F OHIO: <br />3ectioa 1 That the bid of First Cleveland Corporation for <br />the above seati~ ®~Lboads xhich dotal ~1.~.2,2~.Oa at interest of <br />39~ per annmt, at par and accreted interest, plus a presi.nz of $317.00, <br />be sad the ease is hereby accepted and said bonds are hereby warded <br />to First Cleveland Corporation, <br />Secti®a 2. That the rate of interest ea said Boads shall <br />be 3°~ per aanmoc is accordance with said bid. <br />3scti®a ~ The Clerk of Council be and is hereby amthorised <br />sad directed to certify a copy of this $esalutioa to the Ca~anty Auatitor. <br />S~sctioa 4.. This R~saolution shall take effect and be in force <br />from awl ter t e -earliest period allowed by lax. <br />PASSED: April 20, 1954. <br />A~~ES~: <br />.~ <br />-,~, ~. <br />hr s , o otaac <br />APPROQEB: <br />r es s, yor <br />