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<br />FISCAL OFFICER'S CERT1FICATE <br /> <br />$220,000 MOTORIZED EQUIPMENT BOND <br />ANTICIPATION NOTES, SERIES A <br /> <br />Lakewood, Ohio <br />September 3, 1996 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> <br />The undersigned, Fiscal Officer of the City of <br />Lakewood, Ohio (the "City"), as defined by Rèvised Code Section <br />133.01, and in the ordinance authorizing the bonds and notes in <br />anticipation thereof hereinafter referred to, hereby certifies in <br />connection with your proposed issue of bonds and notes in <br />anticipation thereof in the principal amount of $220,000 for the <br />purpose of acquiring motor vehicles and appurtenances thereto for <br />various departments of the City, as follows: <br /> <br />the <br />(5) <br /> <br />l. <br />vehicles <br />years. <br /> <br />That the estimated life or period of usefulness of <br />and equipment is hereby certified to be at least five <br /> <br />2. That the maximum maturity of the bonds authorized <br />to be issued for such improvements, calculated in accordance with <br />Section 133.20, Ohio Revised Code, is five (5) years, provided <br />that if notes in anticipation of those bonds are outstanding later <br />than the last day of December of the fifth year following the year <br />of issuance of the original notes, the period thereof in excess of <br />five years must be deducted from the maximum maturity of those <br />bonds. Therefore, the maximum maturity of the bonds is three (3) <br />years. <br /> <br />3. That the maximum maturity <br />anticipation of said bonds is ten (10) years <br />notes originally issued for such purpose. <br /> <br />of notes issued in <br />from the date of the <br /> <br /> <br />t·· ~ 'l'Þ(. ~b!¿¡¡: <br /> <br />al Officer <br />of Lakewood, Ohio <br /> <br />o <br />