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FISCAL OFFICER'S CERTIFICATE <br /> <br />Cohassett Water Hain Notes - 1984 Renewal <br /> <br /> Lakewood, Ohio <br /> February 21, 1984 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKE~OOD,' OHIO: <br /> <br /> The undersigned, Director of Finanace 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 />$250,000 for the purpose of replacing a water main, fire hydrants and <br />curb connections in Cohassett Avenue, 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 <br />be 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 forty (&0) years, ,being also my estimate <br />of the life usefulness of such improvements, provided that if notes in <br />anticipation of such bonds wi1! be outstanding for a period tn 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 maturity <br />of said bonds. <br /> <br /> 3. The maximum maturity of notes issued in anticipation of <br />such bonds is ten (10) years, provided that if such notes are sold at <br />private sale, then their maximum maturity is one (1) year. <br /> <br />All of which is respectfully subnfltted. <br /> <br />Director of Finance <br />City of Lakewood, Ohio <br /> <br /> <br />