The Finance Committee will meet Monday, May 1, 2017 at 5:45 PM in the Council Conference Room of Lakewood City Hall, 12650 Detroit Avenue, Lakewood, Ohio. The following items will be discussed:
ORDINANCE 21-17 – Authorizing the issuance of not to exceed $6,050,000 of bonds for the purpose of currently refunding the city’s various purpose general obligation bonds, series 2007 (limited tax), dated May 30, 2007; approving related matters in connection with the issuance of the bonds; and declaring an emergency. (Placed on 1st reading and referred to Finance Committee 4/17/17)
ORDINANCE 22-17 – Authorizing the appropriation of money from the general fund of the city of Lakewood, Ohio for the purpose of defeasing $670,000 water system mortgage revenue bonds, dated April 15, 1995 issued by the city, establishing and creating an escrow fund for said defeasance, authorizing the appointment of an escrow trustee, authorizing and approving the form of an escrow agreement in connection with such defeasance. (Placed on 1st reading and referred to Finance Committee 4/17/17)
Thomas R. Bullock, Chair
Ryan Nowlin, Dan O’Malley; Members
FINANCE COMMITTEE
