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53-00 Fire Dept Equipment Bond
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53-00 Fire Dept Equipment Bond
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Last modified
5/14/2013 2:59:40 PM
Creation date
7/18/2003 6:35:38 AM
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Template:
Office Of Council
Document Type
Ordinances
Date
7/18/2003
Date Adopted
11/6/2000
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FISCAL OFFICER'S CERTIFICATE <br /> <br />$42,000 FIRE DEPARTMENT EQUIPMENT BOND <br />ANTICIPATION NOTES - 2000B RENEWAL <br /> <br />Lakewood, Ohio <br />October 2, 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 />issue of bonds and notes in anticipation thereof in the principal amount of $42,000 for the <br />purpose of acquiring fire department apparatus and equipment, as follows: <br /> <br /> 1. That the estimated life or period of usefulness of the vehicles and <br />equipment is hereby certified to be at least five (5) years. <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 ten (10) <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. <br /> <br /> 3. That the maximum maturity of notes issued in anticipation of said bonds is <br />fifteen (15) years from the date of the notes originally issued for such purpose. <br /> <br />City of Lakew~6od, <br /> <br />{KLF0878.DOC;I } <br /> <br /> <br />
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