Laserfiche WebLink
FISCAL OFFICER'S CERTIFICATE <br /> <br />$634,400 2000 NARAGANSETT AVENUE AND NIAGARA DRIVE <br /> BOND ANTICIPATION NOTES - CITY'S PORTION <br /> <br />Lakewood, Ohio <br />February 22, 2000 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> <br /> The undersigned, Fiscal Officer of the City of Lakewood, Ohio (the "City"), as <br />defined by Revised Code Section 133.01, and in the ordinance authorizing the bonds and notes in <br />anticipation thereof hereinafter referred to, hereby certifies in connection with your proposed <br />~ssue of bonds and notes in anticipation thereof in the principal amount of $634,400 for the <br />purpose of paying the City's portion of the cost of improving Naragansett Avenue from <br />Riverside Drive to Niagara Drive and Niagara Drive from Riverside Drive to Lakewood Heights <br />Boulevard by reconstruction and replacement of the base and resurfacing with reinforced <br />concrete, including the necessary installation and replacement of curbs, aprons and sidewalks, <br />together with all necessary appurtenances thereto, and tree lawn restoration as follows: <br /> <br />least five (5) years; <br /> <br />That the estimated life of such improvement is hereby certified to be at <br /> <br /> 2. That the maximum maturity of the bonds authorized to be issued for such <br />improvements, calculated in accordance with Section 133.20, Ohio Revised Code, is twenty (20) <br />years, provided that if notes in anticipation of those bonds are outstanding later than the last day <br />of December of the fifth year following the year of issuance of the original notes, the period <br />thereof in excess of five years must be deducted from the maximum maturity of those bonds; and <br /> <br /> 3. That the maximum maturity of notes issued in anticipation of said bonds is <br />twenty (20) years from the date of the notes originally issued for such purpose. <br /> <br />City of Lakewood, Ohio <br /> <br />{YMI0044;2} <br /> <br /> <br />