HomeMy WebLinkAbout26-85 Resolution
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RES 0 L UTI 0 N
o F
A WAR D No. 26-85
(FRANTZ ROAD IMPROVEMENT BONDS)
ACCEPTING THE HIGHEST BID FOR BONDS
BASED UPON THE LOHEST RATE OF INTEREST
PRESENTED BY A RESPONSIBLE SIDDER
,... moved the adoption of the following
i~ rli Headlee
-- Resolution:
WHEREAS, McDonald & Co~any , a responsible
bidder, (the "Purchaser") has presented a bid to purchase bonds
ft.~ the Village of Dublin, Ohio (the "Issuer")
~n the principal amount of $ 590,000 , (the n Bonds " )
at par plus a premium of $ 873.70 and accrued interest,
based upon a rate of interest of
; 'percent ( %) per annum, ang otherwise upon the terms
provided for in the Ordinance/~ adopted on the 16th day
of September , 19~, (the "Issuing Legislation"):
. NOW, THEREFORE, BE IT RESOLVED, by the Villaqe Council
of the Village of Dublin, Ohio , that:
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Section 1. The bid of the Purchaser shall be and the same
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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 Bonds , after being duly executed and
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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
..his r.
~~urnish to the Purchaser a true Transcript of Proceedings,
including a statement of net indebtedness certified by such
r-- 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.
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I>iL . Thornton seconded the Resolution and
the ro~l being called upon its adoption the vote resulted as
follows:
M r. Amorose VP::>
Mr. Close VP::>
a r~ Headlee VP::>
{"".... Ms. Maurer
VP.::J
~ Hr. Sutphen Ye::J
M!:. Thornton Yea
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CERTIFICATE
I, Frances M. Urban Clerk of
,
Franklin, Delaware ies
the Village of Dublin and Union Co un tJ',
,
,~io, hereby certify that the foregoing is a true copy of
excerpts from the minutes of a meeting of the Village
Council , held on the 21st day of October 19~,
,
,with the following members present:
",..., Mr. Sl1tphp.n
Mr _ AmnrCl-c;p
.......- Mr. Close Mr. Thornton
Mrs. Headlee
Ms. Maurer
I further certify that a true copy of said Resolution was
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certifi~d by me to the County Auditor of Franklin, Delaware and Union
l.es
Count~' Ohio, on the 23rd day of October 19~, in
,
accordance with Section 133.36, Revised Code of Ohio.
,.. J~ 'nJ 7{~/
; j\t';l~hereby certify that copies of this Ordinance/Resolution
~:.were posted in the Village of Dublin in accordance with Clerk
Section 731.25 of the Ohio Revised Code. Village
J~ YJ1. i(~ of Dublin
r- 'Franklin, Delaware ies
Clerk of Council and Union CountY" Ohio
t-
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Ii I
BRICKER & ECKLER
Bond Counsel
Columbus, Ohio
Rev. 3/82 036lM
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TRANSCRIPT CERTIFICATE
I, Frances M. Urban , Clerk of
the Village of Dublin ,
Franklin, Delaware and Union counties , Ohio, (the
.,-. wIssuerW), do hereby certify that the foregoing is a true
Transcript of all proceedings had by the legislative authority of
C"" the Issuer with reference to the following issue:
Ti tl e: Municipal Building Expansion, Frantz Road Improvement,
Glick Road Improvement, Avery and Brand Road
Water Line Bonds
Amoun t: Aggregating $1,973,000
Date: November 1, 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
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( c ) t ha tall such proceedings were held in compliance with the law.
~ Dated: November , 1985
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"-- ,......v_ ':1(.,.--.... U / /
/ ,
,
Frances M. Urban
Clerk
I certify that clause (c) is ~. _, /
Da t e d : November (
, 198 c:7C ~_~
-- ega 0 lcer -
Stephen J. Smith
BRICKER & ECKLER
Bond Counsel
Col umbu s , Ohio
Rev. 5/82 0386M
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