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VARIOUS PURPOSE IMPROVEAfENTNOTES, SERIES 2015 <br />(CITY FACILITIES WpROVEAIENT PORTION) <br />CERTIFICATE OF ESTIMATED LIFE AND MAXIMUM MATURITY <br />To: The City Council of the <br />City of Lakewood, Ohio <br />The undersigned Director of Finance of the City of Lakewood, Ohio as the fiscal officer of said <br />City, hereby certifies as follows: <br />1. The estimated life of the improvements described as follows (the "Improvements ") exceeds five <br />years: <br />To pay the costs of replacing or improving the roofs of City Hall, City Hall <br />Annex, Winterhurst Ice Rink and the City's service garage <br />2. The maximum maturity of the bonds proposed to be issued to pay the cost of the bnprovements, <br />calculated in accordance with Section 133.20, Ohio Revised Code, is 11 years, provided that if <br />notes are issued in anticipation of the issuance of such bonds, the maximum maturity of such <br />notes is 16 years. <br />Dated: February 17, 2015 <br />Director of Finance <br />City of Lakewood, Ohio <br />85047900 <br />