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2000-046 Ordinance
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2000-046 Ordinance
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Last modified
1/9/2014 4:11:09 PM
Creation date
12/30/2013 9:06:32 AM
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North Olmsted Legislation
Legislation Number
2000-046
Legislation Date
5/8/2000
Year
2000
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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 $170,000, to be issued in <br />anticipation of the issuance of bonds (the Bonds) for the purpose of improving the City's police <br />station by replacing portions of its heating, ventilation and air conditioning system, together with <br />necessary appurtenances and work incidental thereto (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 Notes, calculated in accordance with Section <br />133.20 of the Revised Code, is ten years, being my estimate of the life or period of usefulness of the <br />improvement. If notes in anticipation of the Bonds are outstanding later than the last day of <br />December of the fifth year following the year of issuance of the original issue of notes, the period in <br />excess of five years shall be deducted from that maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is fifteen years. <br />Dated: May 1, 2000 (6AW, 8 < ? <br />Director of Finance <br />City of North Olmsted, Ohio "NOW <br />
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