Laserfiche WebLink
FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of Lakewood, Ohio: <br />As fiscal officer of the City of Lakewood, I certify in connection with your <br />proposed issue of $300,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of constructing, reconstructing, rehabilitating, renovating and <br />improving buildings in the Municipal Administration Complex (the improvement), that: <br />1. The estimated life or period of usefulness of the improvement is at least five <br />years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is twenty-five years, being my estimate of the life or period <br />of usefulness of that improvement. If notes in anticipation of the Bonds are outstanding later <br />than the last day of December of the fifth year following the year of issuance of the original <br />issue of notes, the period in excess of those five years shall be deducted from that maximum <br />maturity of the Bonds. <br />3. The maximum maturity of the Notes is May 25, 2013. <br />Dated: March 21, 1994 ~ls~~ <br />erector of Finance <br />City of Lakewood, Ohio <br />D03~[00523 DOCS.LAK04148]FOC_BLDGS RENEWAL <br />