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<br /> ChÞ1¡ÚL/~571()~. D-OV <br /> FISCAL OFFICER'S CERTIFICATE <br /> Lakewood, Ohio <br /> October 18, 1982 <br />TO THE COUNCIL OF THE CITY OF LAKEWOOD, OHIO: <br /> The undersigrted, Director of Finance of the City of Lakewood <br />Ohio, as fiscal officer thereof, as defined by Section 133.01, Ohio <br />Revjsed Code, hereby certifies in connection with your proposed issue <br />of bonds and 'notes in anticipation thereof in the principal amount of <br />$110,000 for the purpose of improving easements in the City of Lakewood <br />by constructing thereon breakwalls with concrete modules and end returns, <br />as follows: <br /> 1- That the estimated life of the property and improvements <br />described in Resolution No. f7/:S- and Resolution No. 5709 to be acquired <br />from the proceeds of such bonds is hereby certified to be at least <br />five (5) years. <br /> 2. That the maximum maturity of such bonds to be issued for <br />such purpose, calculated in accordance with the provisions of Section <br />133.20, Ohio Revised Code, is twenty-five (25) years, being also my <br />estimate of the life usefulness of such improvements, provided that such <br />maturity may not exceed the period for which assessments are to be levied <br />for such improvements, to wit: ten (10) years. <br /> 3. The maximum maturity of notes issued in anticipation of <br />such bonds is five (5) years, provided that if such notes are sold at <br />private sale. then their maximum maturity is one (1) year. <br /> All of which is respectfully submitted. <br /> '~:z- @; <br /> Director of Finance <br /> City of Lakewood Ohio <br />1,1 <br />