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FISCAL OFFICER'S CERTIFICATE $635,000 MUNICIPAL BUILDINGS IMPROVEMENT BOND ANTICIPATION NOTES, SERIES 2005 Lakewood, Ohio April IS, 2005 TO THE COUNCIL OF THE CITY OF LAKEWOOD, omo: The undersigned, Fiscal Officer of the City of Lakewood, Ohio (the "City"), as defined by Revised Code Section 133.01, and in the ordinance authorizing the bonds and notes in anticipation thereof hereinafter referred to, hereby certifies in connection with your proposed issue of bonds and notes in anticipation thereof in the principal amount of $635,000 for the purpose of renovating municipal buildings, as follows: 1. That the estimated life or period of uSefulness of the improvements is hereby certified to be at least five (5) years. 2. That the maximum maturity of the bonds authorized to be issued for such improvements, calculated in accordance with Section 133.20, Ohio Revised Code, is at least twenty (20) years, being my estimate of the period of usefulness of such renovations; provided that if notes in anticipation of such bonds are outstanding later than the last day of December of the fifth year following the year of issuance of the original issue of notes, the period in excess of those five years shall be deducted from that maximum maturity of such bonds. 3. That the maximum maturity of notes issued in anticipation of said bonds is twenty (20) years from the date of the notes originally issued for such purpose. ~f~ Fiscal Offic - City of Lakewood, Ohio (XLF3007DOC;l)