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<br />City of Lakewood, Ohio <br />Reforestation Program Notes, Series 2007 <br /> <br />Fiscal Officer's"Certificate of Maximum Maturity <br /> <br />To the Council of the City of Lakewood: <br /> <br />The undersigned, Director of Finance, as fiscal officer of the City of Lakewood, <br />Ohio; ceitifies as foHows in connection with your proposed issue of securities to pay the <br />costs of planting shade trees in the City's Reforestation Program (the "2007 Reforestation <br />Project")" <br /> <br />1 An of the permanent improvements included in the 2007 Reforestation Project <br />have an estimated life or period of usefulness of at least five years <br /> <br />2 My estimate of the life or period of usefulness of the permanent improvements <br />included in the 2007 Reforestation Project is 25 years <br /> <br />3 Themaxirnum maturity of bonds to finance the 2007 Reforestation Project, in <br />accordance with that estimate, is 25 years, as specified in Section 133.20 (C), <br />Revised Code <br /> <br />3 The maximum maturity of notes to be issued in anticipation of those bonds is 240 <br />months <br /> <br />/~ <br /> <br />Date.~~~ zco::¡- <br />, <br /> <br />J ennife ae, Director of Finance <br />City f Lakewood, Ohio <br /> <br />03/01/2007 Akron 38122 <br />