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?J <br />a <br />b <br />V <br />W <br />V) <br />? <br />W <br />(L <br />0 <br />0 <br />fY] <br />w <br />? <br />? <br />? <br />b <br />Wn <br />V) <br />d <br />W <br />? <br />? <br />? <br />? <br />? <br />? <br />0 <br />Ln <br />G11 <br />CERTIFICATE OF CLERK <br />Mayfield, Ohio, <br />January 18, 1965 <br />To the Council of the <br />Village of Mayfield, Ohio. <br />The undersigned, as fiscal officer of the Village of Mayfield, <br />hereby certifies as follocus pursuant to your Resolution No. /„T <br />adopted January 18, 1965: <br />1. The estimated life of the improvement described in said <br />Resolution is at least five years. <br />2. The maximum maturity of bonds to be issued therefor, <br />calculated in accordance with the provisions of Sertion 133.20 of the <br />Ohio Revised Code, being the average number of years of usefulness as <br />measured by the weighted average of the amounts proposed to be expended <br />for the several classes of improvements, is as follows: <br />(a) $21,000,00 for constructing a Municipal Building - 25 years, <br />such being my estimate of the period of usefulness of <br />said building. <br />(b) $1,000.00 for equipping a Municipal Building - 10 years. <br />(c) $3,000.00 for altering, repairing,and improving the <br />existing Village Aall - 10 years, such being my estimate <br />of the period of usefulness of such alterations, repairs <br />and i.mprovements. The weighted averages £or said several classes of improvements and the <br />maximum maturity for a single issue of bonds would therefore be 22 years; <br />but, by reason of the election proceedings authorizing the issue of such <br />bonds, the maximum maturity of said bonds is limited to 20 years. <br />Respectfully submitted, <br />Clerk of Village of May Dhio. <br />