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<br />, <br />FISCAL <br /> <br />~ <br /> <br />OFFICER'S CERTIFICATE <br /> <br />Ohio <br />1983 <br /> <br />Lakewood <br />April 18 <br /> <br />Olive Sewer Notes <br /> <br />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 <br />of bonds and notes in anticipation thereof in the principal amount of <br />$400,000 for the purpose of constructing a combined sewer, together with <br />manholes, catch basins and other necessary appurtenances thereto in <br />Olive Avenue, as follows <br /> <br />LAKEWOOD <br /> <br />TO THE COUNCIL OF THE CITY OF <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 <br />be at least five (5) years <br /> <br />2 That the maximum maturity of such bonds to <br />such purpose, calculated in accordance with the provisions of <br />133.20, Ohio Revised Code, is forty (40) years, being also my <br />of the life usefulness of such improvements, provided that if <br />anticipation of such bonds will be outstanding for a period in excess <br />of five (5) years from the date of the original issue, the period there- <br />of in excess of five (5) years shall be deducted from such maximum matur- <br />ity of said bonds <br /> <br />be issued for <br />Section <br />estimate <br />notes in <br /> <br />The maximum maturity of notes issued in anticipation of <br />ten (10) years, provided that if such notes are sold at <br />then their maximum maturity is one (1) year <br /> <br />3. <br />such bonds is <br />private sale, <br /> <br />All of which is respectfully submitted <br /> <br /> <br />~~. <br /> <br />Director of Finance <br />City of Lakewood, Ohio <br />