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<br />FISCAL OFFICER'S CERTIFICATE <br /> <br />$618,317 WATER MAIN IMPROVEMENT BONDS, SERIES 2005 <br /> <br />Lakewood, Ohio <br />April 4, 2005 <br /> <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> <br />The undersigned, Fiscal Officer of the City of Lakewood, Ohio, as defined by <br />Ohio Revised Code Section 133.01, hereby certifies in connection with yoúr proposed issue of <br />bonds in the principal amoUrït of $6.18,317 for the purpose of improving the municipal water <br />system, as follows: <br /> <br />1. That the estimated life or period of usefulness of the improvements is <br />hereby certified to be at least five (5) years. <br />, <br /> <br />2. That the maximunl maturity of the bonds authorized to be issued for such <br />improvements, calculated in accordance with Section 133.20 of the Ohio Revised Code, is forty <br />(40) years. <br /> <br />-?;:~ ~ <br />Fiscal Officer <br />City of Lakewood, Ohio <br /> <br />{CT0125;1} <br />