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FISCAL OFFICER'S CERTIFICATE <br /> <br />TRAFFIC SIGNALIZATION BOND ANTICIPATION NOTES <br /> <br />Lakewood, Ohio <br />October 7, 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 as <br />follows in connection with your proposed issue of $160,000 of bonds and <br />bond anticipation notes for the purpose of paying costs of acquiring and <br />installing traffic signal devices and necessary appurtenances thereto. <br /> <br /> 1. That the estimated life of the improvements constructed <br />from the proceeds of such issue is hereby certified to be at least five <br />(5) years. <br /> <br /> 2. That the maximum maturity of such bonds calculated in <br />accordance with the provisions of Section 133.20, Ohio Revised Code, is <br />at least twenty-five (25) years. <br /> <br /> 3. That the maximum maturity of notes issued in anticipation <br />of said bonds is twenty (20) years from the date of the notes originally <br />issued for such purpose; provided that if said notes are sold at private <br />sale, then their maximum maturity is one (1) year. <br /> <br />Director of Finance, <br />City of Lakewood, Ohio <br /> <br />141S6/14282F <br /> <br /> <br />