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minfin 01-23-23
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minfin 01-23-23
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Last modified
2/23/2023 10:16:39 AM
Creation date
2/23/2023 10:16:05 AM
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Office Of Council
Document Type
Finance
Date
1/23/2023
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a0000 ,,,,K..0000,000K .,000 „s,00 <br /> Z%t PI <br /> Summary of IPirop)su:,ed Financing <br /> Cdyof Lakewood,Ohio <br /> Transaction Description Various Purpose Notes,Series 2023 <br /> Estimated Par Amount $37,695,000 <br /> 2023 Plan of Finance Security" General Obligation <br /> _________ _________ _________ _________ _________ _________ _____________ <br /> The Notes are being issued For the purpose of(i)providing new money For <br /> (a)City facility repairs($8,390,000),(b)park improvements($5,370,000), <br /> Purpose (c)street improvements($2,000,000)and(d)sidewalk improvements <br /> ($650,000)and(ii)retiring the City's$21,285,000 Various Purpose Income <br /> Tax Revenue Notes,Series 2022 issued on March 17,2022. <br /> G.O.Security based on Triennial Property Value updates realized in 2022 <br /> -9 11112 -1. 111 <br />
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