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FISCAL OFFICER'S CERTIFICATE <br />Mayfield Village, Ohio <br />December 21, 1987 <br />TO THE COUNCIL OF MAYFIELD VILLAGE, OHIO: <br />As fiscal officer of Mayfield Village, Ohio, I certify in connection <br />with the proposed issue of notes (the Notes) to be issued in anticipation of <br />the issuance of bonds (the Bonds) to pay costs of constructing, in cooperation <br />with Cuyahoga County, water mains, together with the necessary appurtenances <br />thereto, in Wilson Mills Road from S.O.M. Center Road to the westerly corpo- <br />rate limits, that: <br />1. The estimated life or period of usefulness of the improvement <br />described above is at least five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code is forty years. If notes in anticipation <br />of the Bonds are outstanding for a period in excess of five years from the <br />date of the original issue of notes, the period in excess of five years shall <br />be deducted from that maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is twenty years, provided that <br />their maximum maturity is one year if the Notes are sold at private sale. <br />? <br />Director of Finance <br />Mayfield Village, Ohio