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FISCAL OFFICER'S CERTIFICATE <br /> <br />NOT TO EXCEED $575,000 1999 BELLE AVENUE BOND <br />ANTICIPATION NOTES - CITY'S PORTION - 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 inthe ordinance authorizing the bonds and notes in <br />anticipation thereof hereinafter referred to, hereby certifies in connection with your proposed <br />issue of bonds and notes in anticipation thereof in the principal amount of not to exceed <br />$575,000 for the purpose of paying the City's portion of the cost of improving Belle Avenue <br />from Madison Avenue to Bayes Avenue by reconstruction and replacement of the base and <br />resurfacing with reinforced concrete, including the necessary installation and replacement of <br />curbs, aprons and sidewalkS, together with all necessary appurtenances thereto, and tree lawn <br />restoration as follows: <br /> <br />least five (5) years. <br /> <br />That the estimated life of such improvement is hereby certified to be at <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 twenty (20) <br />years. <br /> <br /> 3. That the maximum maturity of notes issued in anticipation of said bonds is <br />twenty (20) years from the date of the notes originally issued for such purpose. <br /> <br />~cer <br /> <br />City of Lakewood, Ohio <br /> <br />{ PLD0439.DOC; I } <br /> <br /> <br />