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FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of Lakewood, Ohio: <br />As fiscal officer of the City of Lakewood, I certify in connection with your <br />proposed issue of $200,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of renovating and otherwise improving City Hall (the <br />improvement), that: <br />1. The estimated life or period of usefulness of the improvement is at least five <br />years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is thirty years, being my estimate of the life or period of <br />usefulness of that improvement. If notes in anticipation of the Bonds are outstanding later than <br />the last day of December of the fifth year following the year of issuance of the original issue of <br />notes, the period in excess of those five years shall be deducted from that maximum maturity <br />of the Bonds. <br />3. The maximum maturity of the Notes is October 8, 2013. <br />Dated: July 5, 1994 Ci~'~z~=----- <br />Director of Finance <br />City of Lakewood, Ohio <br />