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CITY dF Nt?RTH FISTED <br />RESE3LUPION bl - 18 <br />By L , ~~~~-~2,~C.~ <br />RES4btTTIE'~i AWARDING BID FQR PURCHASE QF Bf?NDS t~' <br />THE CITY, IN THE 3UM f~ G~.00~ TQ McDQNAIrD & <br />Ct}~S'ANY~ AND DECLlII~ING AN GSI~CY <br />,,,~ W'HAS~ Ma73anald & Campaaspr~ with offioea is the Union <br />Commerce Buildings Cleveland Qhit~i a respansibls bidders has presented <br />a bid for bonds its the sit of For~r Thousand I3a1].ars (A~O~f.00)~ with <br />a premi~t of BYghty-~iac UoI.:L~ucs (~86.40~~ and upon a rate of interest of <br />3 per annnm~ and other than that provided far in Qrdinanse No. 3178, <br />authorising the issue of such bonds passed on December 6, 196t), under <br />Revised Code 133.33; therefor <br />State of 4hios <br />BE IT RESQLYED BY THE C©UNCIL E1F THE CITY QF ItERTH (TSD~ <br />Secti®n It That the bid of McDonald & Compagq~ with officsa <br />in the Union Cosarerese Buildings C]sveland~ Ohio be and the same hereby is <br />accepted. Said bid being the highest based upon the lowest rate of interest <br />other Haan that provided in said t~rdinance, axsl that said bonds after being <br />duly euecuted and signed according to lax and said Qrdirlsuae, but bearing the <br />rate of interest provided for in said accepted bids be delivered by th+e <br />Director of Finarsre and Auditor to the purchaser an its casgalianae with the <br />terms of said sale and that the Director of Finaucae aed Auditor, shall furnish <br />to said successful bidder, a ~-transcript ax~cl statement of xaet indebtedness <br />certified by him and such other information as is provided by lax. <br />Section 2; That the Clerk of Council is hereby authorised <br />and djrected to certify a copy of this Resolution to the Auditor of C~rahoga <br />County as required by the presvisiona of tine Revised Cods Secrtion 1,33.36. <br />Section 3t That this Resolution is hereby declared to be an <br />emergency measure necessary for the preservation of the public healthy sa~'ety <br />and xelfare and such energencs~r exists by virtue of the necessity of cm-~lyisg <br />with the terms of purchase of said bonds by the purchaser thereof xithin the <br />period allowed by lax. <br />Section !ts Wfill~'R1~J~tE~ this Resolution shall take ia~diate <br />effect from and after its passages otherxi.se at the earliest period allowed by <br />lax. <br />PASSED: JANUARY 2l~, 1961 at Special Meeting <br />ATTES/T~: <br />.'r,~_f ~,.f1 <br />~e . a ~ er ® aunc 1 <br />~-'j~7 <br />ce c ~ Pre e o <br />-~~ <br /> <br />