03-74 Resolution
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RESOLUTION NO. 03-,'1_. VILLAGE OF DUBLIN. OHIO
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RESOLUTION DETERMINING TO PROCEED TO SUBMIT
QUESTION OF THE ISSUANCE OF BONDS OF THE VILLAGE
OF DUBLIN FOR THE PURPOSE OF CONSTRUCTING A
MUNICIPAL SEW AGE COLLECTION SYSTEM; CER TIFYING
THE SAME TO THE BOARD OF ELECTIONS OF FRANKLIN
COUNTY. omo; AND DECLARING AN EMERGENCY
I WHEREAS. this Council on the 15th day of January. 1974. duly
adopted Resolution 02-74 providing for the submission to the electors of the
Village of the question of issuing $2.250.000.00 of bonds in anticipation of
the collection of special assessments for the purpose of constructing a
municipal sewage collection system by the acquisition of real estate or
easements or other interests in real estate. and the construction of sewer
lines and appurtenances and of levying a tax to provide for their payment at
the primary election to be held on Tuesday. the 7th day of May. 1974; and
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WHEREAS: the Auditor of Franklin County has certified to this
Council that the average annual levy throughout the life of such bonds which
I would be required to pay the interest on arid to retire the same. assuming
that they are all issued in one series and that the amount of the tax list of
this Village remains throughout the life of the bonds the same as the tax list
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for the current year. is B.4> mills for each one dollar of tax evaluation.
. which amounts to $ . ~ 4> for each one hundred dollars of taxable
evaluation.
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NOW. THEREFORE. BE IT RESOLVED by the Council of the Village
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of Dublin.6tBt1ltY'fof)~nklinfoStacDe tKeOhirJnbers elected thereto concurring:
SECTION 1. That this Council hereby determines to proceed
with the issuance of said bonds and the Clerk of Council is hereby directed
to certify to the Board of Elections of Franklin County, Ohio, Resolution
I No. 02-74 aforesaid calling such election together with a copy of this
resolution. the amount of the average annual tax levy as estimated by the
county auditor, and the maximum number of years to retire said bonds,
namely 30 years, to give notice of said election, and to prepare the
necessary ballots and supplies therefor.
SECTION 2. This resolution is hereby declared to be an
. emergency measure necessary for the preservation of the public peace,
health and safety of the Village and its inhabitants and for the further reason
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that this Resolution rrust be certified to the Board of Elections of Franklin ~
County. Ohio. by February 6. 1974. in order to submit the question herein
to the electors. wherefore this resolution shall take effect and be in force i
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I Passed this 4th day of February. 1974
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Atte st :
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Clerk - Treasurer
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ulQfl"ll"ICA'm Oll' 00tIfJ.'f .AJJ:Dl'.l'OR OP AlERAGB
AlIlft1AL IEVY !lOR ISStB OF BaGS
J '!he State ot Cbio,
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l'ranlclJD Cotaty
I, ARII J. WARIIDf, the duly elected, q,al1t1ed and acttng CGtll'lty
Auditor 1ft and tor the state and Comty at'oresa1d, do bereb7 oert1tJ that
tiDe aW1'8g8 annual levy ~out the lite ot the bcmd8, which nll be
:requ1recl to p&Q' the ::brte:reat on _d retire the balds proposed to be 1as.cl
by the Vill.age ot Dl:8l1n :in the .. ot 'Dfo MUli_ 'l'wo Hundred J'lt't7 'lbouaad
DolJ..ar8 ($2,250,000) tar the put"p(llBe of ccmtruct1ng a ..nc1pal sewage
eollect1m 878" by the a.cqu1sj.t1_ ot real es'tate or eaMlllMta 01" other
interests :in :real estate, and the OCIIIStructim ot sewer 11Ma ad appurteDaRoea
in aeeord8n.ce nth Reaolut1C1l Ro. 02-1J1 ot said Village ot J)d)l1ft, passed CD
the 15th _ of J8Ill:m'J, 1'1-, 18 E1ght' ad six-teRtbs (8.6) _lla tor each
~--, CRt .11.,.. ot wJ.at1C1l, 1Ib1atl __ts to B:lPty-e1x (86.) cents t.. each ..
lnnJred dollars of ft1uaticn.
1fI'D1ISS ., b8Dd ad of't1c1a1 seal at Col.na, ('Ido, th1a 16th cJa;v
ot J'8D1IU7, 191J1.
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