14-00 Fire Dept Equipment Bonds $650,000

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FISCAL OFFICER'S CERTIFICATE $650,000 2000 FIRE DEPARTMENT EQUIPMENT BOND ANTICIPATION NOTES Lakewood, Ohio January 18, 2000 TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: The undersigned, Fiscal Officer of the City of Lakewood, Ohio (the "City"), as defined by Revised Code Section 133.0 I, and in the ordinance authorizing the bonds and notes in anticipation thereof hereinafter referred to, hereby certifies in connection with your proposed issue of bonds and notes in anticipation thereof in the principal amount of $650,000 for the purpose of acquiring fire department apparatus and equipment, as follows: I. That the estimated life or period of usefulness of the vehicles and equipment is hereby certified to be at least five (5) years. 2. That the maximum maturity of the bonds authorized to be issued for such improvements, calculated in accordance with Section 133.20, Ohio Revised Code, is ten (10) years, provided that if notes in anticipation of those bonds are outstanding later than the last day of December of the fifth year following the year of issuance of the original notes, the period thereof in excess of five years must be deducted from the maximum maturity of those bonds. 3. That the maximum maturity of notes issued in anticipation of said bonds is fifteen (15) years from the date of the notes originally issued for such purpose. F~/scal Officer City of Lakewood, Ohio [ PLD0442.DOC: 1 }