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19-03 Issue Bonds Pool Improvements
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19-03 Issue Bonds Pool Improvements
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Last modified
5/14/2013 2:58:41 PM
Creation date
7/8/2003 5:12:01 AM
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Office Of Council
Document Type
Ordinances
Date
7/8/2003
Date Adopted
4/21/2003
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FISCAL OFFICER'S CERTIFICATE <br /> <br />$20,000 POOL IMPROVEMENT BOND ANTICIPATION NOTES, SERIES 2003 <br /> <br />Lakcwood, Ohio <br />March 17, 2003 <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 bonos and notes in anticipation thereof in the principal amount of $20,000 for the' <br />purpose of improving Foster Pool and Madisg. n Pool, as follows: <br /> <br /> 1. That the estimated life or period of usefulness of the improvements is <br />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 thirty (30) <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 />twenty (20) years from the date of the notes originally issued for such purpose. <br /> <br />~iscal Officer// ~ <br />City of Lake~ood, Ohio <br /> <br />{K.I:,F2039;1 } <br /> <br /> <br />
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