27-85 Resolution
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0361M
RES 0 L UTI 0 N
o F
1\ WAR D No. 27-85
(AVERY AND BRAND ROADS WATER LINE BONDS)
ACCEPTING THE HIGHEST BID FOR BONDS
BASED UPON THE i,OHEST RATE OF INTEREST
PRESENTED BY A RESPONSIBLE BIDDER
.,.... i-1 LS moved the adoption of the following
Headlee
.--- Resolution:
WHEREAS, McDonald & Company , a responsible
bidder, (the "Purchaser") has presented a bid to purchase bonds
~...~ the Village of Dublin, Ohio (the "Issuer")
~n the principal amount of $ 383,000 (the " Bonds " )
,
at par plus a premium of $ 566.01 and accrued interest,
based upon a rate of interest of 8.875%
.~rcent ( 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
.....,.c . >..~
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
:.~..
~~urnish to the Purchaser a true Transcript of Proceedings,
including a statemert of net indebtedness certified by such
,..., officer, and such other information as is required by law.
I
.~ Section 4. Such officer is further directed to cause a
.lcertified copy of this Resolution to be filed with the County
Auditor as required by Section 133.36 of the Revised Code of Ohio.
.' ,
1>1 s. Maurer seconded the Resolution and
the roll being called upon its adoption the vote resulted as
follows:
Mr. T~~t~ b~
Mr. Sutphen YE>~
as. Maurer Yea
",...
, Mr~ Headlee Yea
...... H~. Close Yea
M ~ Amorose Yea
U_.
1t.9lJ
CERTIFICATE
I, Frances M. Urban, Clerk of
Franklin, Delaware ies
the Village of Dublin , and Union Count:S'j,
,~io, hereby certify that the foregoing is a true copy of
excerpts from the minutes of a meeting of the Villaqe
Council , held on the 21st day of October ,19~,
with the following members present~
",....
Mr. Amorose MY" !::"t-ph~n~
'-" Mr. Close Mr. Thornton
Mrs. Headlee
Ms. Maurer
I further certify that a true copy of said Resolution was
....,." .. ''';'
certified by me to the County Auditor of Franklin, Delaware and Union
County, Ohio, on the 23rd day of October , 19J!.?, in
accordance with Section 133.36, Revised Code of Ohio.
, J LA ~
". ,." ~T/.~
" I hereby certify that copies of this Ordlnance/Resolutl,o 7
;.0;'~were posted in the Village of, Dublin in accordance With Clerk
. Section 731.25 of the Ohio ReVised Code,
tf/2.--J.I-l'//7 ';t~ t:10-~ villag7 of Dubl~n
,.... Clerk of Council \. Frankl:-n, Delaware l.es
.' and Unl.on Coun~ I Ohio
'~
,. I
BRICKER & ECKLER
, Bond Counse 1
Columbus, Ohio
Rev. 3/82 0361M
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TRANSCRIPT CERTIFICATE
I, Frances M. Urban , Clerk of
-..
the Village of Dublin ,
Franklin, Delaware and Union Count ies , Ohio, (the
~ wIssuerW), 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:
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 fulli 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 , 19~
/) lit i 0__<- '
,y"/{,(C H ~c J 'i?/
I
Frances M. Urban
Clerk
I certify that clause (c) is t~~ect. _ _ /
Da ted: November l
, 1985 L cd7~.... ~
- ega 0 lcer -
Stephen J. Smith
BRI CKER & ECKLER
Bond Counsel
Col umbus, Ohio
Rev. 5/82 0386M
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