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FISCAL OFFICER'S CERTIFICATE <br /> <br />$675,000 MUNICIPAL BUILDINGS IMPROVEMENT BOND <br /> ANTICIPATION NOTES <br /> <br />Lakewood, Ohio <br />March 18, 2002 <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 />issue of bonds and notes in anticipation thereof in the principal amount of $675,000 for the <br />purpose of renovating, famishing and equipping municipal buildings and improving sites, as <br />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 w/th Section 133.20, Ohio Revised Code, is at least <br />twenty (20) years, since by my estimate if and to the extent a portion of the proceeds of such bonds <br />may be determined to be allocated to a class or classes of improvements having a maximum <br />maturity of less than twenty years but in excess of five years, then the maximum maturity of such <br />bonds would still be at least twenty years by reason of a sufficient portion of the proceeds of such <br />bonds allocated to a class or classes having a maximum maturity in excess of twenty years; <br />provided that if notes in anticipation of such bonds are outstanding later than the last day of <br />December of the fifth year following the year of issuance of the original issue of notes, the period <br />in excess of those five years shall be deducted from that maximum maturity of such bonds. <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 /> City of Lakewood, Ohio <br /> <br /> <br />