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<br />. <br />. <br /> FISCAL OFFICER'S CEro'IFICATE <br /> Lakewood, Ohio <br /> July 5, 1983 <br /> TO THE CŒJNCIL OF THE CITY OF IAKE.WX>D, OHIO: <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 =nnection with your p:toposed issue of bonds and <br /> notes in anticipation thereof in the principal arrount 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 =nnecting such <br /> garage and the City's hospital, as follows: <br /> l. That the estimated life of the property and improvements to <br /> be aCX1Uired fran the proceeds of such bonds is hereby o;rtified to be at least <br /> five (5) years. <br /> 2. '!'hat the max.imun maturity of such bonds to be issued for such <br /> purpose, calculated in accordance with the provisions of Section 133.20, Ohio <br /> Revised Code, is twenty-five (25) years¡, being also my estimate of the life <br /> usefulness of such improvements, but may not exceed twenty (20) years by <br /> reason of Section 133.32, Ohio Revis¡ed Code. <br /> 3. The maxjm;¡m maturity of notes issued in anticipation of such <br /> bonds is¡ ten (10) years fran 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 maxjm;¡m maturity is one (1) year. <br /> 4. The maxjm;¡m principal arrount of such notes, calculated in <br /> a=rdance with the provisions of Section 133.32, Ohio Revis¡ed Code, is <br /> $840,000. <br /> All of which is respectfully suJ::rnitted. <br /> ~~.Q <br /> Director of Finance <br /> City of Iakewood, Ohio <br />