Laserfiche WebLink
<br />FISCAL OFFICER'S CERTIFICATE <br /> <br />$621,000 PARK IMPROVEMENT BOND ANTICIPATION NOTES, SERIES 2004 <br /> <br />Lakewood, Ohio <br />AprilS, 2004 <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 $621,000 for the <br />purpose of improving parks by installing playground equipment and skateboard apparatus, <br />improving pools and planting trees, 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 at least ten <br />(10) years, provided that if notes in anticipation of those bonds are outstanding later than the last <br />day 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 ITom 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 ITom the date of the notes originally issued for such purpose. <br /> <br />(¡Ff'¥ <br />Fiscal Of cer <br />City of Lakewood, Ohio . <br /> <br />{KLF2565.DOC;1} <br />