Laserfiche WebLink
cc: Council <br />This is for Ord. 90-35 <br />FISCAL OFFICER'S CERTIFICATE <br />Mayfield Village, Ohio <br />August 20, 1990 <br />TO THE COUNCIL OF MAYFIELD VILLAGE, OHIO: <br />As fiscal officer of Mayfield Village, Ohio, I certify in connection <br />with the proposed issue of notes (the Notes) to be issued in anticipation of <br />the issuance of bonds (the Bonds) to pay costs of constructing, in cooperation <br />with Cuyahoga County, water mains, together with the necessary appurtenances <br />thereto, in Wilson Mills Road from S.O.M. Center Road to the westerly corpo- <br />rate limits, that: <br />1. The estimated life or period of usefulness of the improvement <br />described above is at least five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code is forty years. If notes in anticipation <br />of the Bonds are outstanding later than the last day,of December of the fifth <br />year following the year of issuance of the original issue of notes, the period <br />in excess of those five years shall be deducted from that maximum maturity of <br />the Bonds. <br />3. The maximum maturity of the Notes is December 29, 2007, which is <br />twenty years from December 29, 1987, the date of the original notes issued for <br />this purpose. <br />i~~i~ Cam.. L ~~~ /~ <br />Director of Finance <br />Mayfield Village, Ohio <br />,: ~. <br />