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<br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />As fiscal officer of the City of North Olmsted, I certify in connection with your proposed <br />issue of notes (the Notes) in a maximum aggregate principal amount of $50,000, to be issued in <br />anticipation of the issuance of bonds (the Bonds) for the purpose of improving existing City storm <br />sewers and storm water drainage facilities (the improvement), that: <br />1. The estimated life or period of usefulness of the improvement is at least five years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with Section <br />133.20 of the Revised Code, is forty years. If notes in anticipation of the Bonds are outstanding <br />later than the last day of December of the fifth year following the year of issuance of the original <br />issue of notes, the period in excess of five years shall be deducted from that maximum maturity <br />of the Bonds. <br />3. The maximum maturity of the Notes is twenty years. <br />Dated: May l, 2000 <br />Director of Finance <br />City of North Olmsted, Ohio <br />:? _ .