AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF NOT TO EXCEED $8,000,000 OF SPECIAL OBLIGATION DEVELOPMENT REVENUE BONDS, SERIES 2022, OF THE VILLAGE OF MINERVA PARK, OHIO UNDER CHAPTER 5709 OF THE OHIO REVISED CODE FOR THE PURPOSE OF PAYING THE COST OF CERTAIN PUBLIC IMPROVEMENTS; AUTHORIZING A PLEDGE OF AND LIEN ON CERTAIN SERVICE PAYMENTS TO SECURE SUCH BONDS; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT, IF ANY, OR OTHER AGREEMENTS OR RELATED DOCUMENTS TO SECURE SUCH BONDS; AUTHORIZING THE EXECUTION AND DELIVERY OF THE TRANSACTION DOCUMENTS; AUTHORIZING AND APPROVING RELATED MATTERS; AND DECLARING AN EMERGENCY.
AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF NOT TO EXCEED $8,000,000 OF SPECIAL OBLIGATION DEVELOPMENT REVENUE BONDS, SERIES 2022, OF THE VILLAGE OF MINERVA PARK, OHIO UNDER CHAPTER 5709 OF THE OHIO REVISED CODE FOR THE PURPOSE OF PAYING THE COST OF CERTAIN PUBLIC IMPROVEMENTS; AUTHORIZING A PLEDGE OF AND LIEN ON CERTAIN SERVICE PAYMENTS TO SECURE SUCH BONDS; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT, IF ANY, OR OTHER AGREEMENTS OR RELATED DOCUMENTS TO SECURE SUCH BONDS; AUTHORIZING THE EXECUTION AND DELIVERY OF THE TRANSACTION DOCUMENTS; AUTHORIZING AND APPROVING RELATED MATTERS; AND DECLARING AN EMERGENCY.