HomeMy WebLinkAbout28-85 Resolution
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RES 0 L UTI 0 N
o F
A WAR D No. 28-85
(GLICK ROAD IMPROVE~mNT BONDS)
ACCEPTING THE HIGHEST BID FOR BONDS
BASED UPON THE LOWEST RATE OF INTEREST
PRESENTED BY A RESPONSIBLE SrDDER
...... i>1r . Sutphen moved the adoption of the following
..... Resolution:
WHEREAS, McDonald & Comoanv , a responsible
bidder, (the "Purchaser") has presented a bid to purchase bonds
t,,~ the Village of Dublin, Ohio (the "Issuer")
,in the principal amount of $ 200,000 , (the " Bonds II )
at par plus a premium of $ 297.90 and accrued interest,
based upon a rate of interest of 8.875%
, ''percent ( 8.875 %) per annum, and 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 Village 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 Bonds , after being duly executed and
.....- .. .....
signed according to law and according ~o 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
,i~:I:.
~'turnish 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.
J
....... Section 4. Such officer is further directed to cause a
,Icertified 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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Io1..r. Amorose seconded the Resolution and
the roll being called upon its adoption the vote resulted as
follows:
Mr. Amorose Vp:>
Mr. Thornton Vp:>
are Close Vp:>
~ Hr. Sutphen Yea
....... Hrs. Headlee Yea
M f\ Maurer
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CERTIFICATE
I, Frances M. Urban , Clerk of
Franklin, Delaware ies
the Village of Dublin , and Union Co un tlCl
~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 member~ present:
~ Mr. Amorose Mr. Sutohen
''- Mr. Close Mr. Thornton
Mrs. Headlee
Ms. Maurer
I further certify that a true copy of said Resolution was
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certified by me to the County Auditor of Franklin, Delaware and Union
ies
Count~ Ohio, on the 23rd day of October 19~, in
,
accordance with Section 133.36, Revised Code of Ohio.
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--/~~
..~j Clerk
hJf'eieby certify that co i '
wer~ posted in the Villa:e e~f o~ th,~ O!dinancelResolution Village Dublin
SectIon 731,25 of the Oh' R ' ublm m accordance with of
J ' /0 eVlsed Code, Y'ranJ<lln, Delaware
,..-.. and Union Coun ~/,i1>~ i 0
\ Cler~~~~ ~ f'~
\...
. I
BRICKER & ECKLER
Bond Counsel
Columbus, Ohio
Rev. 3/82 0361M
lor ,'.
TRANSCRIPT CERTIFICATE
I, Frances M. Urban , Clerk of
the Village of Dublin ,
Franklin, Delaware and Union Counties, Ohio, (the
__ -Issuer-), do hereby certify that the foregoing is a true
Transcript of all proceedings had by the legislative authority of
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the Issuer with reference to the following issue:
Title: Municipal Building Expansion, Frantz Road Improvement,
Glick Road Improvement, Avery and Brand Road
Water Line Bonds
Amount: 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 ~re full, true and correct, (b)
that none of such legislation has been rescinded or repealed, and
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(c) that all such proceedings were held in compliance with the law.
---' Dated: November , 1985
I I ' I ~ /, II d
/ i ' I '--.. L
Frances M. Urban
Clerk
I certify tha t clause (c) is tru~~ect. "
Dated: November , 19~ ___ --L~_~ (_
~qal Of lcer
St~:ophen J. Smi th
B RI CK ER 6. E CKL ER
Bond Counsel
Col umbus, Ohio
Rev. 5/82 0386M
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