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FISCAL OFFICRR'S CErtIFICATE <br /> <br />Lakewood, Ohio <br />July 5, 1983 <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 Revised <br />Code, hereby certifies in connection with your proposed issue of bonds and <br />notes in anticipation thereof in the principal amount of $600,000 for the <br />purpose of paying costs of constructing a fifth floor on the City's existing <br />off-street parking garage and an enclosed pedestrian bridge connect~ such <br />garage and the City's hospital, as follows: <br /> <br /> 1. That the est/mated life of the property and improvements to <br />be acquired fr~n the proceeds of such bends is hereby certified to be at least <br />five (5) years. <br /> <br /> 2. That the maximu~ maturity of such bonds to be issued for such <br /> purpose, calculated in accordance with the provisions of Section 133.20, Ohio <br /> Bevised Code, is twenty-five (25) years, being also my est/mate of the life <br /> usefulness of such improvements, but may not exceed twenty (20) years by <br /> reason of Section 133.32, Ohio Revised Code. <br /> <br /> 3. The maximum maturity of notes issued in anticipation of such <br /> bonds is ten (10) years from the date of issuance of the original notes, <br /> August 29, 1974, provided that if such notes are sold at private sale, then <br /> their mamimum maturity is one (1) year. <br /> <br /> 4. The maximum principal amount of such notes, calculated in <br /> accordance with the provisions of Section 133.32, Ohio Revised Code, is <br /> $840,000. <br /> <br />Ail of which is respectfully suhnitted. <br /> <br />Director of Finance <br />City of Lakewood, C~io <br /> <br /> <br />