Title
AN ORDINANCE AUTHORIZING THE ISSUANCE OF BOND ANTICIPATION NOTES IN THE AMOUNT OF NOT TO EXCEED $5,375,000 IN ANTICIPATION OF THE ISSUANCE OF BONDS FOR THE PURPOSE OF PAYING PART OF THE COST OF STREET, WATER, SEWER, AND/OR STORMWATER PROJECTS ON, ADJACENT TO, OR IN CLOSE PROXIMITY TO WIRT ROAD, INCLUDING BUT NOT LIMITED TO (I) CONSTRUCTING, RECONSTRUCTING, GRADING, PAVING, REPAVING, ALIGNING, REALIGNING, CURBING, DRAINING, LIGHTING, AND RELATED STREET PROJECTS WITH ALL NECESSARY APPURTENANCES THERETO, (II) ACQUIRING, CONSTRUCTING, AND INSTALLING A NEW WATER MAIN AND ALL NECESSARY APPURTENANCES THERETO, (III) ACQUIRING, CONSTRUCTING, AND INSTALLING A NEW SANITARY SEWER COLLECTION SYSTEM AND ALL NECESSARY APPURTENANCES THERETO, AND (IV) ACQUIRING, CONSTRUCTING, AND INSTALLING A NEW STORMWATER COLLECTION SYSTEM AND ALL NECESSARY APPURTENANCES THERETO, AND ANY NECESSARY SITE IMPROVEMENTS IN CONNECTION THEREWITH, AND APPROVING RELATED MATTERS
Body
WHEREAS, this City Council of the City of Groveport, Ohio (the “City”) has heretofore determined the necessity of paying part of the cost of street, water, sewer, and/or stormwater projects on, adjacent to, or in close proximity to Wirt Road, including but not limited to (i) constructing, reconstructing, grading, paving, repaving, aligning, realigning, curbing, draining, lighting, and related street projects with all necessary appurtenances thereto (the “Street Portion”), (ii) acquiring, constructing, and installing a new water main and all necessary appurtenances thereto (the “Water Portion”), (iii) acquiring, constructing, and installing a new sanitary sewer collection system and all necessary appurtenances thereto (the “Sewer Portion”), and (iv) acquiring, constructing, and installing a new stormwater collection system and all necessary appurtenances thereto (the “Stormwater Portion”), and any necessary site improvements in connection therewith (collectively, the “Project”); and
WHEREAS, the Director of Finance of...
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