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<br />RESQLUTIOId N0.12 <br />By Mr Bro-tt : <br />A resolutioiti requQSting the Clerk <br />to cartify to the Council the estzmateci lxx"e , <br />of the improvement contemplated by the issu- <br />ance of bor3ds for the erection of al electric <br />lightir_g system and the maximun mat-urity of the <br />bonds. <br />WHE "' `, this Council con.;Vemplates issuing Twelve Thousand Dollars <br />012,000.00) wox•th of bonds of the Village for the purpose of acquirir_g a.nd <br />insta.lling elec'cric light equipment f'or the transmission of electricity and <br />for supplying eJ.ectricity to the corporatior_ And the inhahitants thereoi in <br />accordance with the plans and specif"ieations now on file in the oifice of <br />tho clerk of this couneil, and <br />TuHEREAS, Soctions 2295-7 ancln2295-10 of the General Code of Ohio <br />-roquire 'Uhe fa.scal officer o#' the Village to certify to this Council the <br />estimated lif e of tho property, assest or improvement proposed to bo ac- <br />quired or constructed irom the proceeds of the sale of sai.d bonds and also <br />-L-o certify to t}iis Council -the maximun ma-L-urity of such bonds calculated <br />in accordanco vJith the provisions of Section. 2295-9, .and <br />,;S1IiERFAS, the Clerk is the fiscal o.ffa.cer of this gillage, as <br />?-----? aefined by Sec-cion 2295-6 of the General Code of Ohio. Now, 1;herefore <br />BE IT RESOLVED, that the ClerY be and he is hereby raqvested <br />to certify to this Council his conclusions as to the estimated lii'e of <br />such 9.mprovomen.t and the niaximun- maturitv of sucri bon.dso <br />PASSED; December 1ith,1922. <br />icting Idayor an. prESiden a em <br />of the Cmyncil. <br />Attest; <br />)V//? i <br />Cler?'the Council. <br />El