04-76 Resolution
. "" ~c .
RECORD OF RESOLUTIONS 71
COLUMBUS BLANK BOOK CO.. COL., O. .... Form No. S233-A
. ~-1p p assedn___J"&J.~_~_mL~________nm_____19_1~__
Resolutwn No .n__n___n_________________m___
A RESOLUTION TO DECLARE THE NECESSITY OF SUBMITTING TO THE
ELECTORS OF THE VILLAGE OF DUBLIN, THE QUESTION OF ISSUING
BONDS FOR THE PURPOSE OF CONSTRUCTING SANITARY SEWERS.
D BE IT RESOLVED by the Council of the Village of Dublin,
County of Franklin and State of Ohio~ of the elected
members concurring:
SECTION I. That for the purpose of constructing a sanitary
sewer by the accquisition of real estate or easements or
other interests in real estate, and the construction of
sewer lines and appurtenances, it is necessary to issue
General Obligation bonds of this Village in the amount of
Four Hundred Thousand Dollars ($ 400,000) for the Village
I portion of the cost of said improvement.. The question of
issuing said bonds and the levy of said tax shall be sub-
mitted to the electors of said Village at a primary election
to be held on June 8, 1976. The approximate date of said
bonds will be October I , 1976: said bonds will mature in
30 annual installments after their issuance, and will bear
interest at a rate now estimated at 6.5% per annum, payable
semiannually.
SECTION 2. That the Clerk shall certify a copy of this Res-
olution to the Auditor of Franklin County for his calculation
of the average annual tax levy require~ throughout the life
~ of the bonds to pay the interest on and to retire said bonds,
assuming that they are all issued in one series and that the
amount of the tax list of this Village remains the same
throughout the life of said bonds.
SECTION 3. This Resolution is hereby declared to be an emer-
gency measure necessary for the preservation of the public
peace, health and safety of the Village and its inhabitants,
and for the further reason that this Resolution must be cer-
tified to the Franklin County Auditor by February 18, 1976
in order to submit the question herein to the electors; where-
fore this Resolution shall take effect and be in force from
and immediately after its passage.
Passed thisJ1 day of :>~ , 1976
/.'
//~ ZV, ~
Mayor- presiding 0 ficer
AT~O~
Clerk-Treasurer
D