Laserfiche WebLink
<br />FISCAL OFFICER'S CERTIFICATE <br /> <br />City of Lakewood, Ohio <br />April 12, 2006 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO <br /> <br />The undersigned, Acting Director of Finance of the City of Lakewood, Ohio, as <br />fiscal officer of the City as defmed by Revised Code Section 133.01, hereby certifies as follows <br />in connection with your proposed issue of $2,945,000 of bonds and notes in anticipation thereof <br />for the purpose of improving streets by replacement of the concrete base aì1d asphalt overlay, <br />including replacement of curbs and aprons as required, together with all necessary appurtenances <br />thereto (the "Improvements"): <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 in anticipation of which the <br />notes are issued, calculated in accordance with the provisions of Section 133.20 of the Ohio <br />Revised Code, is at least twenty (20) years; provided that if notes in anticipation of such bonds <br />are outstanding later than the last day of December of the fifth year following the year of <br />issuance of the original issue of notes, the period in excess of those five years shall be deducted <br />!Tom the maximum maturity of those bonds. <br /> <br />3. That the maximum maturity of notes now proposed to be issued in <br />anticipation of such bonds is June 15, 2025, which is twenty (20) years !Tom the date on which <br />the original notes were issued. <br /> <br /> <br />='--<': <br />Ac . irector of Finance <br />C' of Lake wood, Ohio <br /> <br />{2006 BANSDOC;I} <br />