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<br />FISCAL OFFICER'S CERTIFICATE <br /> <br />$75,000 SIDEWALK IMPROVEMENT BOND ANTICIPATION NOTES, SERIES 2004 <br /> <br />Lakewood, Ohio <br />April5,2004 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> <br />The oodersigned, Fiscal Officer of the City of Lakewoòd, 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 anticipatÎon thereof in the principal amount of $75,000 for the <br />purpose of improving certain streets designated by Council by reconstructing sidewalks and <br />drive aprons as necessary, as follows: <br /> <br />1. That the estimated life or period of usefulness of the improvèments is <br />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 twenty (20)~ <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 rrom the maximum maturity of those bonds. <br /> <br />3. That the maximum maturity of notes issued in anticipation of said bonds is <br />twenty (20) years rrom the date of the notes originally issued for such purpose. <br /> <br />¥¥-~ <br />Fiscal Officer <br />City of Lake wood, Ohio <br /> <br />. {MBM3870,DOC;1} <br />