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<br />FISCAL OFFICER'S CERTIFICATE <br /> <br />$50,000 TREE PLANTING BOND ANTICIPATION NOTES, SERIES 2004 <br /> <br />Lak~wood, Ohio <br />April 5,2004 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> <br />Th~ und~rsign~d, Fiscal Officèr of th~ City of Lak~wood, Ohio (th~ "City"), as <br />d~fin~d by R~vis~d Cod~ S~ction 133.01, and in th~ ordinance authorizing th~ bonds and not~s in <br />anticipation th~r~of her~inaft~r referr~d to, her~by certifi~s in conn~ction with your propos~d <br />issue of bonds and notes in anticipation th~r~of in th~ principal amoUnt of $50,000 for th~ <br />purpos~ of improving str~~ts and municipal prop~rti~s by cl~aring, trimming and planting tr~~s, <br />as follows: <br /> <br />1. That th~ estimat~d lif~ or period of us~fulness of th~ improvem~nts is <br />h~r~by c~rtifi~d to be at l~ast five (5) y~ars. <br /> <br />2. That th~ maximum maturity of th~ bonds authoriz~d to b~ issu~d for such <br />improv~m~nts, calculat~d in accordancè with S~ction 133.20, Ohio R~vis~d Cod~, is t~n (10) <br />y~ars, provid~d that if not~s in anticipation of thos~ bonds are outstanding lat~r than th~ last day <br />of D~cemb~r of th~ fifth y~ar following th~ y~ar of issuanc~ of th~ original not~s, the p~riod <br />ther~of in exc~ss of fiv~ y~ars must b~ d~duct~d from th~ maximum maturity of thos~ bonds. <br /> <br />3. That th~ maximum màturity of not~s issu~d in anticipation of said bonds is <br />fift~~n (15) y~ars from th~ dat~ ofth~ not~s originally issu~d for such purpos~. <br /> <br />Fiscal Offi~ pi r-- <br /> <br />City ofLak~wood, Ohio <br /> <br />{MBM3870.DOC: I} <br />