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33-05 Sidewalk Improvement Bond $100,000
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33-05 Sidewalk Improvement Bond $100,000
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Last modified
5/14/2013 3:08:24 PM
Creation date
6/1/2005 6:43:32 AM
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Office Of Council
Document Type
Ordinances
Date
6/1/2005
Date Adopted
5/16/2005
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<br />FISCAL OFFICER'S CERTIFICATE <br /> <br />$100,000 SIDEWALK IMPROVEMENT BOND ANTICIPATION NOTES, SERIES 2001,5 <br /> <br />Lakewood, Ohio <br />April 18,2005 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, omo: <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 wÎth your proposed <br />issue of bonds and notes in anticipation thereof in the principal amount of $100,000 for the <br />purpose of reconstructing sidewalks and drive aprons as necessary, 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 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. <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 /> <br />{KLF3005DOC;I} <br />
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