Petitioner bears the burden of proof. Rule 217(c)(2)(A). Our decision is based upon the stipulated administrative record, which is incorporated herein by this reference, and additional evidence received pursuant to an Order of this Court. Rule 217(a).2 Petitioner is the City of Columbus, Ohio (City). On December 20, 1993, the City Council of Columbus adopted an ordinance authorizing the issuance of bonds in a principal amount not to exceed $28 million. In its ruling request, petitioner anticipated the actual amount of the proposed bonds would be $27,300,000. Having retired $600,000 in principal amount of its 1994 bond anticipation notes (see infra p. 8), petitioner now anticipates the actual amount of the proposed bonds will be $26,700,000. Petitioner is a home rule municipal corporation and political subdivision of the State of Ohio (State). Before 1967, the City maintained two pension funds for its police officers and firefighters (collectively referred to hereinafter as the City Fund). In 1965, a State law was enacted creating the Police and Firemen's Disability and Pension Fund (the State Fund), a Respondent objects to what she describes as petitioner's attempt to admit additional material into evidence, by way of Appendices A and B to petitioner's opening brief. Appendix A contains an amortization of the City Obligation based on an exhibit in the stipulated record and is thus not new evidence. Appendix B, however, is an amortization schedule of the proposed bonds and is new evidence as to which we sustain respondent's objection.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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