HomeMy WebLinkAbout10-85 Resolution
. 0361M
~~Solution No. 10-85
RES 0 L UTI 0 N
o F
A WAR D
ACCEPTING THE HIGHEST BID FOR NOTES
BASED UPON THE LOWEST RATE OF INTEREST
PRESENTED BY A RESPONSIBLE BIDDER
,.... i-1L, . Michael Close moved the adoption of the following
IllIlIlioI" Resolution:
WHEREAS, Huntineton National Bank , a responsible
bidder, (the "pu rchase r" ) has presented a bid to purchase notes
of the Village of Dublin, Ohio (the "Issuer")
in the principal amount of $ 170,000 , (the " Notes " )
at par plus a premium of $ 7.00 and accrued interest,
based upon a rate of interest of
percent ( 6. 07 %) per annum, and otherwise upon the terms
provided for in the Ordinance~~~ adopted on the :1s-t~ day
of April , 19~, (the "Issuing Legislation");
NOW, THEREFORE, BE IT RESOLVED, by the Villaqe Council
of the Village of Dublin, Ohio , that:
.....
Section 1. The bid of the Purchaser shall be and the same
"-'. is hereby accepted, said bid being the highest based upon the
lowest rate of interest other than that provided for in the
Issuing Legislation.
Section 2. The Notes , after being duly executed and
signed according to law and according to the Issuing Legislation,
but bearing the rate of interest provided for in the accepted
bid, shall be delivered to the Purchaser upon compliance with the
terms of sale.
Section 3. The fiscal officer of this Issuer shall
furnish to the Purchaser a true Transcript of Proceedings,
including a statement of net indebtedness certified by such
.~ officer, and such other information as is required by law.
Section 4. Such officer is further directed to cause a
......
certified copy of this Resolution to be filed with the County
Auditor as required by Section 133.36 of the Revised Code of Ohio.
Section 5. The Notes shall be payable at the principal
office of Huatiagt9a Nati9aal B2ak in the City of Columbus ,
Ohio .
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11 r. Daniel J. Sutphen seconded the Resolution and
the roll being called upon its adoption the vote resulted as
follows:
Hr. David Amorose Yes
Mr. Michael Close Yes
ar. James E. Lewis Yes
".... Ms. Barbara Maurer Yes
-., Hr, Daniel Sutphen Yes
Mr, L. E. Thornton Yes
H .
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CERTIFICATE
I, Frances M. Urban , Clerk of
~'ranklln , Delaware ies
the Village of Dublin , and Union Count"
Ohio, hereby certify that the foregoing is a true copy of
excerpts from the minutes of a meeting of the Village
Council , held on the 15th day of April , 19~,
with the following members present:
--. Mr. David Amorose Mr. Daniel Sutphen
Mr. Michael Close Mr. L. E. Thornton
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Mr. James E. Lewis
Ms. Barbara Maurer
I further certify that a true copy of said Resolution was
certified by me to the County Auditorsof Franklin, Delaware and Union
ies
Co untyc/ Oh io, on the 15th day of April , 19~, in
accordance with Section 133.36, Revised Code of Ohio.
~ ttC?t----CL.-./
Jp'/2TV('.., ~-'? .
Clerk
Village of Dublin
Franklin, Dela,..rare ies
,... and Union Count~' Ohio
......
BRICKER & ECKLER
Bond Counse 1
Columbus, Ohio
Rev. 3/82 036lM
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TRANSCRIPT CERTIFICATE
,/ I '(/- Ie/I _ J Clerk
I , .:f",:,./t/,I/. J 1.,,// , of
,
the Village of Dublin ,
Franklin, Delaware and Union Counties , Ohio, (t he
-Issuer-), do hereby certify that the foregoing is a true
.- Transcript of all proceedings had by the legislative authority of
the Issuer with reference to the following issue:
.....
Title: Parkland Acquisition Notes
Amoun t: $170,000
Date: April 26, 1985
I further certify (a) that the copies of all legislation
contained therein are correct copies and that all other statements
and certificates attached thereto are full, true and correct, (b)
that none of such legislation has been rescinded or repealed, and
'.-- (c) that all such proceedings were held in compliance with the law.
Dated: Auril 15 , 19 85
,..,....' ~
/' '
-/~1 r I 7/(~ .:
/. .~./ ._r'j ~_,;,,<J '-r/?",~. ./ ./ r.. ~ rf'!.-y../
Clerk
Village of Dublin
I certify that clause (c) is~ectd :S-,
Dated: April 15
, 19 85 ~ ~
~g a 1 0 f f ice r
BRICKER & ECKLER
Bond Counsel
Columbus, Ohio
Rev. 5/82 0386M
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