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<br />FISCAL OFFICER'S CERTIFICATE <br /> <br />$515,901 STREET IMPROVEMENT BONDS, SERIES 2005 <br /> <br />Lakewood, Ohio <br />April 4, 2005 <br /> <br />TO THE COUNCIL OF THE CITY OF LAlŒWOOD, OHIO' <br /> <br />The iJ11dersigned, Fiscal Officer of the City of Lakewood, Ohio, as defined by <br />Ohio Revised Code Séction 133.01, hereby certifies in connection with your proposed issue of <br />bonds in the principal amount of $515,901 for the purpose of improving certain streets <br />designated by Council by resurfacing with deeþ grind and overlay and reconstructing curbs as <br />necessary, 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 />2. That the maximum 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 fifteen <br />(15) years. <br /> <br />'~f~ <br />Fiscal Office <br />City ofLalcewood, Ohio <br /> <br />{CT0125;l} <br />