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<br />,- <br /> <br />FISCAL OFFICER'S CERTIFICATE <br /> <br />Warren Road Improvement Bond Anticipation Notes <br /> <br />'Lakewood, Ohiö <br />May 6, 1985 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> <br />The undersigned, as fiscal officer of the City of Lakewood, <br />Ohio, as defined by Revised Code Section 133.01. hereby certifies in <br />connection with your proposed issue of notes and bonds for the purpose <br />of paying the City's portion of the cost of improving, in cooperation <br />with the Department of Transportation of the State öf Ohio, Warren Road <br />from takewood Heights Boulevard to Clifton Boulevard, by reconstruction <br />of the roadway, replacing curbing, installing handicapped ramps, <br />together with the necessary appurtenances thereto, as follows: <br /> <br />1. That the estimated life of the improvements to be con- <br />structed from the proceeds of said issue is hereby certified to be at <br />least five years. <br /> <br />2. That the maximum maturity of such bonds calculated in <br />accordance with the provisions of Section 133.20 of the Revised Code is <br />twenty years, provided that if notes in anticipation öf such bonds are <br />outstanding for a period in excess of five years from the date of the <br />original issue, the period thereof in excess of five years shall be <br />deducted from such maximum maturity of said bonds. <br /> <br />3. That the maximum maturity of the notes nöw proposed to be <br />issued in anticipation öf the issuance of said bonds is twenty years <br />from the date of the notes originally issued for such purpose. viz. <br />May 14, 2005, if sold at public sale, or one year if sold at private <br />'sale. <br /> <br />Respectfully submitted, <br /> <br />~~ <br />Director of Finance <br /> <br />141S1/14282A <br /> <br />-2- <br />