The Board of Trustees of Miami Township, Clermont County, Ohio met in regular session at the Miami Township Civic Building on November 4, 2004 with the following members present: Edwin H. Humphrey, Joseph. W. Uecker and Mary Makley Wolff.
MRS. WOLFF made a motion to adopt the following Resolution:
RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF NOT TO EXCEED $3,250,000 VARIOUS PURPOSE LIMITED TAX GENERAL OBLIGATION BONDS, SERIES 2004, DISPENSING WITH THE SECOND READING
WHEREAS, this Board of Trustees (the "Board") of Miami Township,
Ohio (the "Township") has previously passed two separate bond
resolutions numbered 2004-41 and 2004-42, inclusive (the "Bond
Resolutions"), which such resolutions authorized two separate bond issues
of the Township (collectively, "the Bonds"), to pay the cost of (i)
acquiring and constructing improvements to a township building for use by the
recreation and police departments; (ii) constructing road improvements; and
(iii) paying permissible costs of issuance; and
WHEREAS, this Board desires to consolidate the two issues into a single issue to
achieve certain costs savings.
NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of Miami Township
("Board"), Clermont County, Ohio by authority of Chapter 504 and
Chapter 133 of the Ohio Revised Code, as follows:
SECTION 1: That pursuant to the provisions of Section 133.30, O.R.C., the two
separate issues of the Bonds shall be consolidated into a single issue of the
Township's bonds which shall be known as "Various Purpose Limited Tax
General Obligation Bonds, Series 2004", (the "Consolidated
Bonds").
SECTION 2. That the Consolidated Bonds shall bear interest at such rates, and
have maturities or principal payments consistent with the interest rates on and
the aggregate of the periodic maturities or principal payments of the Bonds.
SECTION 3. That the proceeds of the sale of the Consolidated Bonds shall be
apportioned, deposited and credited in accordance with the amount of each of the
issues of the Consolidated Bonds authorized by the Bond Resolutions.
SECTION 4. That it is found and determined that all formal actions of this Board
of Trustees concerning and relating to the adoption of this resolution were
adopted in an open meeting of this Board; and that all deliberations of this
Board of Trustees and of any of its committees that resulted in such formal
action, were in meetings open to the public, in compliance with the law.
SECTION 5: The Board does hereby dispense with the requirement that this
Resolution be read on two separate days, pursuant to Section 504.10 of the Ohio
Revised Code, and authorizes the adoption of this Resolution upon its first
reading.
SECTION 6: That this Board of Trustees hereby finds and determines that all
formal actions relative to the passage of this Resolution were taken in an open
meeting of this Board, and that all deliberations of this Board and of its
Committees, if any, which resulted in formal action, were taken in meetings open
to the public, in full compliance with applicable legal requirements, including
Section 121.22 of the Ohio Revised Code.
SECTION 7: That the Clerk of the Board be and is hereby directed to forward a
certified copy of this resolution to the County Auditor.
SECTION 8: This Resolution shall take effect at the earliest period allowed by
law.
First Reading: November 4, 2004
Second Reading: Dispensed with
Effective: December 4, 2004
MR. UECKER seconded the motion to adopt the Resolution. On the roll call being called the vote resulted as follows:
Mr. Humphrey AYE
Mr. Uecker AYE
Mrs. Wolff AYE
Resolution 2004 - 43 adopted November 4, 2004.