Laserfiche WebLink
FISCAL OFFICER'S CERTIFICATE <br /> <br />1990 REAL ESTATE ACQUISITION BOND ANTICIPATION NOTES- 1993 RENEWAL <br /> <br />Lakewood, Ohio <br />September 7, 1993 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO; <br /> <br /> The undersigned, Fiscal Officer of the City of Lakewood, Ohio, as <br />defined by Revised Code Section 133.01 and in the ordinance authorizing the bonds <br />and notes hereinafter referred to, hereby certifies in connection with your <br />proposed issue of bonds and notes in anticipation thereof tnt he principal-mount <br />of $2,100,000 for the purpose of constructing roadways and installin§ water <br />mains, sanitary and storm sewers and sidewalks and all necessary appurtenances <br />thereto, improving sites for off-street parking of motor vehicles and a park and <br />acquiring real estate therefor, as follows: <br /> <br /> 1. That the estimated life of the improvements acquired from the <br />proceeds of such issue is hereby certified to be at least five (5) years. <br /> <br /> 2. That the maximum maturity of such bonds to be issued for such <br />purpose, calculated in accordance with the provisions of Section 133.20, Ohio <br />Revised Code, is at least twenty (20) years, provided that if notes in <br />anticipation of such bonds will be outstanding later than the last day of <br />December of the fifth year following the year of issuance of the original notes, <br />the period thereof in excess of five (5) years shall be deducted from the latest <br />permitted maturity of said bonds. <br /> <br /> 3. That the maximum maturity of notes fssued in anticipation of said <br />bonds is twenty (20) yearsfromthe date of issuance of the original notes issued <br />for such purposes. <br /> <br />Respectfully submitted, <br /> <br />134\14282BAA. 81B <br /> <br />City of Lakewood, Ohio <br /> <br /> <br />