Tab_136I W I 'LSJ 4 I I [NI r
In connection with the issuance by the City of Ketchikan (the "City") of its Port Revenue
Refunding Bond, 2016 (the "2016 Bond"), I, Robert F. Newell, Jr., the duly chosen and qualified
Finance Director of the City, acting in my official capacity, DO HEREBY CERTIFY in compliance
with the requirements for the issuance of Future Parity Bonds set forth in Ordinance No. 06-1549 of
the City, as follows:
There is no deficiency in the Bond Fund or any accounts therein.
2. The principal of and interest on the 2016 Bond will be payable out of the Bond Fund.
3. Issuance of the 2016 Bond does not result in a Sinking Fund Requirement for the
2016 Bond or any increase in the Reserve Account Requirement.
4. The 2016 Bond is being issued to refund the City's Port Revenue Bond, 2006, for
debt service savings and will not require an increase of more than $5,000 in any year for Debt
Service on the 2016 Bond. Therefore no certification of the type described in Section 7.4(3) or (4) of
Ordinance No. 06-1549 is required.
Capitalized terms used in this certificate and not defined herein have the meanings given
those terms in Ordinance No. 06-1549.
DATED as of November 3, 2016. /
Robert E. Newell, Jr., Finance Director
City of Ketchikan, Alaska