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FISCAL OFFICER'S CERTIFICATE <br /> <br /> Fire Truck Notes <br /> <br />Lakewood, Ohio · <br />May 17, 1982 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <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 <br />Revised Code, hereby certifies in connection with your proposed issue of <br />bonds and notes in anticipation thereof in the principal amount of <br />$450,000 for the purpose of purchasing fire trucks and related equip- <br />ment, as follows: <br /> <br /> 1. That the estimated life of the property and improvements <br />to be acquired from the proceeds of such bonds is hereby certified to be <br />at least five (5) years. <br /> <br /> 2. That the maximum maturity of such bonds to be issued for <br />such purpose, calculated in accordance with the provisions of Section <br />133.20, Ohio Revised Code, is ten (10) years, being also my estimate of <br />the life usefulness of such improvements, provided that if notes in <br />anticipation of such bonds are outstanding for a period in excess of <br />five (5) years from the date of the original issue, the period thereof <br />in excess of five (5) years shall be deducted from such maximum maturity <br />of said bonds. <br /> <br /> 3. The maximum maturity of notes issued in antici?ation of <br />such bonds is eight (8) years, provided that if such notes are sold at <br />private sale, then their maximum maturity is one (1) year. <br /> <br />Ail of which is respectfully submitted. <br /> <br />Director of Finance <br />City of Lakewood, Ohio <br /> <br /> <br />