14-85 Resolution
036lM
RES 0 L UTI 0 N
o F
A WAR D
NO. 14-85
ACCEPTING THE HIGHEST BID FOR NOTES
BASED UPON THE LO\JEST RATE OF INTEREST
PRESENTED BY A RESPONSIBLE BIDDER
,r'" i-ir.. . Close moved the adoption of the following
'- Resolution:
WHEREAS, Erlich-Bober , 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 $ 590,000 , (the " Notes " )
at par plus a premium of $ 12.00 and accrued interest,
based upon a rate of interest of 4.45/0
percent ( % ) per annum, and otherwise upon the terms
provided for in the Ordinance~8~8~ adopted on the 1st day
of July , 19 ~, (the "Issuing Legislation"):
NOW, THEREFORE, BE IT RESOLVED, by the Village Council of
r- the Village of Dublin. Ohio , that:
Section I. 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
IfI1Ia.
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 paying agent indicated in Section 5. of Ordinance No.
40-85 be amended to Citibank N.A. of New York.
I1LSo. Headlee seconded the Resolution and
the roll being called upon its adoption the vote resulted as
follows:
1-1r . Michael Close Va!:J
~. Barbara Mrlllrer V~y
a ..s. David Amorose vQ.
ML. ~
James E. Lew;s v~~
H ...r 4) Cather;n Herlnlee Y'il:il .,;I
Mr... L. E. Thornton Vg:A
H .
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CERTIFICATE
I, Trances M. Urb~n Clerk of
the Village of Dublin Franklin, Delaware and ies
, Union Count~,
Oh i 0 , hereby certify that the foregoing is a true copy of
excerpts from the minutes of a meeting of the Villaie Council
, held on the 15th day of Julv , l~,
with the following members present:
Mr. David Amorose Ms. Barbara Maurer ,~
1
Mr. Michael Close Mr. L. E. Thornton ,...;
Mrs. Catherin Headlee
Mr. James E. Lewis
I further certify that a true copy of said Resolution was
certified by me to the County AuditorSof Franklin, Union and Delaware
Co un t:JJsOh io, on the 18th day of July , l~, in
accordance with Section 133.36, Revised Code of Ohio.
J~ 'fr). ~
Clerk
Village of Dublin
Franklin, Union and count~e,s Ohio ~
Delaware
"wtJI
I hereby certify that copies of this Ordinance/Resolutil''1
were posted in the Village of Dublin in acccrdance with
BRICKER & ECKLER Section 731.25 of the Ohio Revised Code.
Bond Counse I J~~ Y?;< ~~
Columbus, Ohio Clerk of Council .
Rev. 3/82 0361M