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<br />FISCAL OFFICER'S CERTIFICATE <br /> <br />$2,370,216 WASTEWATER SYSTEM IMI'ROVEMENT <br />GENERAL OBLIGATION 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 Cbde Section 133.01, hereby certifies in connection with your proposed issue of <br />bonds in the principal amount of$2,370,216 for the purpose ofimprovîng the City's wastewater <br />and stortn water collection 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 />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 forty <br />(40) years. <br /> <br />Fiscal if t ¥ <br /> <br />City of Lakewood, Ohio <br /> <br />(CT0125;1} <br />