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Avenue, Overlook Road, South Marginal Street, St. Charles Avenue, Summit Avenue, <br />Wascana Avenue, Waterbury Road, Woodward Avenue, Woodward Street, Wyandotte <br />Avenue, and other streets located within the City; 15 years <br />E. Improving Detroit Avenue, Franklin Street, Hilliard Street and Madison Avenue by <br />providing new and upgraded traffic signalization and pedestrian signals; 15 years <br />F. Improving the municipal garage ventilation system; 20 years <br />G. Improving parks within the City, including Lakewood Park, Wagar Park and the <br />Lakewood Park Skate House, together with all necessary appurtenances thereto; 10 <br />years <br />H. Reconstructing Madison Avenue; 20 years <br />I. Constructing a sheet pile bulkhead, docks and a parking area, together with all <br />necessary appurtenances thereto; 16 years <br />J. Improving sidewalks within the City; 10 years <br />K. Replacing a salt storage facility; 20 years <br />L. Improving the sewer system in the City by constructing the West End Sewer <br />Separation project and a new sanitary sewer and improvements and renovations to <br />the existing sanitary sewers and storm water sewers along Edgewater Drive, together <br />with all necessary appurtenances thereto; 40 years <br />3. The weighted average of said maturities is 19 years, therefore the maximum maturity of a <br />single issue of bonds proposed to be issued to pay the cost of such permanent <br />improvements, calculated in accordance with Section 133.20, Ohio Revised Code, is 19 <br />years, provided that if notes are issued in anticipation of the issuance of such bonds, the <br />maximum maturity of such notes is 19 years. <br />Dated: February 17, 2015 <br />Director of Finance <br />City of Lakewood, Ohio <br />84803610 <br />