099-79 Ordinance
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. NOV 5
1979
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ORDINANCE NO. qq..",,,
AN ORDINANCE AUTHORIZING THE VILLAGE OF
DUBLIN, OHIO, TO ENTER INTO AN AGREEMENT
WITH THE OHIO SOCIETY OF CERTIFIED PUBLIC
ACCOUNTANTS AUTHORIZING SUCH COMPANY TO
CO~~ENCE THE ACQUISITION, CONSTRUCTION,
Il1PROVEMENT AND EQUIPPING OF A PROJECT
WITHIN THE BOUNDARIES OF THE VILLAGE TO
I BE FINANCED THROUGH THE ISSUANCE AND SALE
OF INDUSTRIAL DEVELOPMENT REVENUE BONDS OF
THE VILLAGE.
tiHEREAS, the Village of Dublin (the "Issuerll), by
virtue of the laws of the State of Ohio, particularly
Chapter 165, Ohio Revised Code, and the authorities therein
mentioned, wishes to take the necessary actions for 'the
issuance of revenue bonds in the aggregate principal amount
not to exceed $1,000,000 for the purpose of financing the costs
of acquisition, construction, improvement and equipping of real
and personal property comprising the headquarters of the Ohio
Society of Certified Public Accountants to be owned and operated
by the Ohio Society of Certified Public Accountants, an Ohio non-
profit corporation, ( the "Company") for the purposes of commerce
and related purposes (the "projes:t") i and
WHEREAS, this Village Council has considered the
matters set forth in an Agreement of even date herewith in
the form attached hereto as Exhibit Ai
NOW, THEREFORE, BE IT ORDAINED by the Village
Council of the Village of Dublin, State of Ohio:
I Section 1. This Village Council does hereby find
and determine that:
(a) The Project will be a "project" within the
,meaning of that term as defined in Section 165.01, Ohio
Revised Code; and
(b) The Project is consistent with the purposes
of Section 13 of Article VIII, Ohio Constitution, to
create or preserve jobs and employment opportunities
and to improve the economic welfare of the people of
the Issuer and the State of Ohio.
Section 2. The Agreement between the Issuer and
the Compqny, in the form attached hereto as Exhibit A and
incorporated herein by this reference, which Agreement at
Section 1 provides that the Company is authorized to acquire,
construct, improve and equip the headquarters of the Ohio society
of Certified Public Accountants for the purposes of commerce and
related purposes, is hereby adopted and approved.
,a
A
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Section 3. The Mayor of the Village of Dublin and
the Clerk-Treasurer of the Village of Dublin, and either of
them, are hereby authorized and directed to execute said
Agreement and to take such other actions as may be reasonable,
necessary or appropriate in accordance with the provisions
thereof.
II
section 4. It is found and determined that all
formal actions of this Village Council concerning and relating i
to the passage of this ordinance were undertaken in an open
I meeting of this Village Council and that all deliberations
of this Village Council that resulted in such formal actions
were in meetings open to the public in compliance with
Section 121.22 of the Ohio Revised Code.
Section 5. This ordinance is hereby declared to
be an emergency measure the immediate passage of which is
necessary for the preservation of the public peace, health I
and safety and for the further reason that this ordinance
must be immediately effective in order to eliminate the
hazards and expenses to the Issuer and its people resulting
in the lack of job opportunities, 'and for the further reason !
of the urgent necessity of entering into contracts leading to
the construction and financing of the Project; wherefore, this .:
ordinance shall take effect and be in, force immediately upon its
passage.
Passed this S",. day of November, 1979.
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President ro Tempore ' . ayor
I ATTEST:
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Clerk-Treasurer
I, Richard Termeer, Clerk-Treasurer of the Village of
Dublin, Ohio, do hereby certify that the foregoing is a true and
correct copy of the original ordinance as passed by the Village
Council of the Village of Dublin, Ohio, on November i', 1979.
" 1979.
DATE: November .2-, ~.~
Richard Termeer
Clerk-Treasurer
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