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SUGGESTED PROPOSAL FORM <br />PROPOSAL FOR NOTES <br />Mayfield Village <br />6621 Wilson 11~ills Road <br />Mayfield Village, Ohio 44143-3499 <br />c% Philip M. Brett, Director of Fuiance <br />Telephone: (440) 461-2210 September 7, 2000 <br />Telecopier: (440) 461-1628 <br />For all of your $4,250,000 Various Purpose Improvement Notes, Series 2000 (the <br />Notes), dated September 20, 2000, maturing September 20, 2001, and described in your Invitation <br />far Fropasals dated August 21, 2000 providing for receipt of proposals vn this date, we, faintly and <br />severally if more than one name is stated below, agree to pay the par value of the Notes ($4,250,000) <br />plus a premium of $ ,* plus acaved interest from the date of the Notes to the date of <br />delivery thereof, with the Notes to bear an interest rate of %** per year to maturity and, <br />if provision is not made by the Village for payment at maturity, at an interest rate of %*** per <br />year from the maturity date until the principal amouirt is paid or provided for. <br />This proposal is made in accordance with and subject to the terms and conditions <br />provided in that Invitation, which is made a part of this proposal. <br />*If this blank is not filled in with a dollar amour{, no premium is to be paid. <br />** Not to exceed 7%. <br />*** Not to exceed 10'/z%. <br />For Information Only <br />(Not a part of this proposal) <br />Gf055 Interest Cast $ <br />Less Premium $ <br />Net Interest Cost $ <br />Proposal <br />Net Interest Rate <br />Printed Name of Person Malting <br />Proposal <br />Signat<u~e of Person Proposal <br />as an Authorized Officer or Agent <br />Name and Title of Person Signing <br />as an Authorized Officer or Agent <br />Telephone Number o Signer <br />