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FISCAL OFFICER'S CERTIFICATE <br /> <br />$48,000 FIRE DEPARTMENT EQUIPMENT BOND <br />ANTICIPATION NOTES - 2000 RENEWAL <br /> <br />Lakewood, Ohio <br />January 18, 2000 <br /> <br /> TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> <br /> The undersigned, Fiscal Officer of the City of Lakewood. Ohio (the "City"), as <br /> defined by Revised Code Section 133.01, and in the ordinance authorizing the bonds and notes in <br /> anticipation thereof hereinafter referred to, hereby certifies in connection with your proposed <br /> ~ssue of bonds and notes in anticipation thereof in the principal amount of $48,000 for the <br /> purpose of acquiring fire department apparatus and equipment, as follows: <br /> <br /> 1. That the estimated life or period of usefulness of the vehicles and <br />equipment is hereby certified to be at least five (5) years. <br /> <br /> 2. That the maximum maturity of the bonds authorized to be issued for such <br />improvements, calculated in accordance with Section 133.20, Ohio Revised Code, is ten (10) <br />years, provided that if notes in anticipation of those bonds are outstanding later than the last day <br />of December of the fifth year following the year of issuance of the original notes, the period <br />thereof in excess of five years must be deducted from the maximum maturity of those bonds. <br /> <br /> 3. That the maximum maturity of notes issued in anticipation of said bonds is <br />fifteen (15) years from the date of the notes originally issued for such purpose. <br /> <br />Fllscal Officer <br />City of Lakewood, Ohio <br /> <br />~ ~ D0435 DOC;II <br /> <br /> <br />