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~, <br />SUGGESTED PROPOSAL: FORM <br />PROPOSAL FOR NOTES <br />Printed Name of Person Making <br />Proposal <br />Mayfield Yrllage <br />6621 Wilson Mills Road <br />Mayfield Vdlage, Ohio 44143-3499 <br />c% Philip M Brett, Director of Frnance <br />Telephone: (440) 46I-ZZ 10 September 7, 2000 <br />Teiecopier: (440) 461-1628 <br />For all of your $4,250,000 Various Purpose Improvemerrt Notes, Series 2000 (the <br />Notes), dated September 20, 2000, maturing September 20, 2001, and described in your Invitation <br />for Proposals dated August 21, 2000 providing for receipt of proposals on this daze, we, jointly and <br />severally if more than one name is stated below, agree to pay the paz value of the Notes ($450,000) <br />plus a premium of $ , * plus accrued 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 paymerrt at maturity, at an interest rate of %*** per <br />year from the nY date until the principal amount 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 amourrt, no premium is to be paid. <br />* * Not to exceed 7%. <br />*** Not to exceed 10~/z%. <br />For InforTnation Only <br />(Not a part of this proposal) <br />Gross Inrterest Cost $ <br />Less Premium $ <br />Net Interest Cost $ <br />Proposal <br />Net Interest Rate <br />Signature of Person Proposal <br />as an Authorized Officer or Agent <br />Name and Tit e o Person Signrng <br />as an Authorized Off cer or Agent <br />Telephone Number o Signer <br />