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FOC 7/6/82 Breakwall Bond
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FOC 7/6/82 Breakwall Bond
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Last modified
5/14/2013 3:09:59 PM
Creation date
12/21/2005 5:50:02 AM
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Office Of Council
Document Type
Ordinances
Date
12/21/2005
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<br />. <br />", <br />. <br /> FISCAL OFFICER'S CERTIFICATE <br /> Waterford Breakwall Bond Anticipation Notes <br /> Lakewood Ohio <br /> July 6 1982 <br /> TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> The undersigned, Director of Finance of the City of Lakewood, <br /> Ohio, as fiscal officer thereof, as defined by Section 133.01, Ohio <br /> Revised Code, hereby certifies in connection with your proposed issue of <br /> bonds and notes in anticipation thereof in the principal amount of <br /> $165,000 for the purpose of paying the property owners' portion, in an- <br /> ticipation of the levy and collection of special assessments, of the <br /> cost of improving the municipal easement described in Resolution No. <br /> 5674 adopted April 15, 1982, by constructing thereon a concrete break- <br /> wall with concrete modules, fill and end return, as follows: <br /> l. That the estimated life of the improvements to be con- <br /> structed from the proceeds of such bonds is hereby certified to be at <br /> least five (5) years. <br /> 2. That the maximum maturity of such bonds to be issued for <br /> such purpose, calculated in accordance with the provisions of Section <br /> 133.20, Ohio Revised Code, is ten (10) years, being also my estimate of <br /> the life usefulness of such improvements. <br /> 3. The maximum maturity of notes issued in anticipation of <br /> such bonds is five (5) years from the date of issuance of the notes, <br /> provided that if such notes are sold at private sale, then their maximum <br /> maturity is one (1) year. <br /> All of which is respectfully submitted, <br /> ~~~.( <br /> Director of Finance <br /> City of Lakewood, Ohio <br />'"'ITI!:, <br /> <br />
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