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DocuSign Envelope ID: D1 D7B029-ODBD-4276-9A2E-BOA56F6E0688 <br />C. Constructing a new outfall, stone revetment and rehabilitating the existing sewers, <br />replacing the roofs on city buildings; 20 years <br />D. Improving the City's recycling facility; 21 years <br />E. Improving the City's jail; 25 years <br />F. Improving parks within the City, including Foster Pool and Lakewood Park; 28 years <br />G. Improving parks within the City, including Foster Pool; 30 years <br />H. Constructing a refuse facility and animal shelter, renovating refuse truck parking <br />facility and replacing roofs of public buildings 34 years <br />I. Designing, engineering and constructing water and sewer improvements; 40 years <br />3. The weighted average of said maturities is 27 years, therefore the maximum maturity of a <br />single issue of bonds proposed to be issued to pay the cost of the Improvements, calculated <br />in accordance with Section 133.20, Ohio Revised Code, is 27 years. <br />Dated: December 18, 2023 <br />Director of Finance <br />City of Lakewood, Ohio <br />190017990 2 <br />