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<br />OFFICER'S CERTIFICATE <br /> <br />FISCAL <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Ohio <br /> <br />Lakewood, <br /> <br />1981 <br /> <br />, <br /> <br />TO THE COUNCIL OF THE CITY <br /> <br />: <br /> <br />The undersigned, Director of Finance of the City of Lakewood, <br />Ohio, as fiscal officer thereof, as defined by Section 133.01, Ohio Revised <br />Code, hereby certifies in connection with your proposed issue of bonds and <br />notes in anticipation thereof in the principal amount of $1,300,000 for the <br />purpose of purchasing rubbish collection trucks as follows <br /> <br />OHIO <br /> <br />LAKEWOOD, <br /> <br />OF <br /> <br />1 That the estimated life of the. property and improvements to be <br />acquired from the proceeds of such bonds is hereby certified to be at least <br />five years <br /> <br />2. That the maximum maturity of such bonds to be iSSUêd for such <br />purpose, calculated in accordance with the provisions of Section 133.20, <br />Ohio Revised Code is five years, being also my estimate of the life usefulness <br />of such improvements, provided that if notes in anticipation of such bonds <br />are outstanding for a period in excess of five years from the date of the <br />original issue, the period thereof in excess of five years shall be deducted <br />from such maximum maturity of said bonds <br /> <br />3. The maximum maturity of notes issued in anticipation of such <br />bonds is eight years, provided that if such notes are sold at private sale, <br />then their maximum maturity is one year <br /> <br />All of which is respectfully submitted. <br /> <br />Director of Finance <br />City of Lakewood, Ohio <br /> <br />.,' <br />I <br />