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<br />OFFICER'S CERTIFICATE <br /> <br />FISCAL <br /> <br />1983 Renewal <br /> <br />Ohio <br />1983 <br /> <br />Lakewood, <br />May 2, <br /> <br />Anticipation Notes <br /> <br />Breakwall Bond <br /> <br />Crane-Sessions <br /> <br />OHIO <br /> <br />The undersigned, Director of Finance of the City of Lakewood, <br />Ohio, as fiscal officer thereof, as defined by Section 133.01, Ohio <br />Revised 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 /> <br />LAKEWOOD, <br /> <br />OF <br /> <br />THE CITY <br /> <br />COUNCIL OF <br /> <br />TO THE <br /> <br />1. That the estimated life of the property and improvements <br />described in Resolution No. 5715 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 /> <br />That the maximum maturity of such bonds to be issued for <br />calculated in accordance with the provisions of Section <br />Revised Code, is twenty-five (25) years, being also my <br />the life usefulness of such improvements, provided that such <br />exceed the period for which assessments are to be levied <br />to wit: ten (10) years <br /> <br />may not <br />improvemen ts, <br /> <br />2 <br />such purpose <br />133.20, Ohio <br />estimate of <br />maturity <br />for such <br /> <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 /> <br /> <br />All of which is respectfully submitted. <br /> <br /> <br />" )' <br />/ ' <br /> <br />( <br />Director of Finance <br />City of Lakewood, Ohio <br />