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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 <br />proposed issue of notes (the Notes) in a maximum aggregate principal amount of $420,000, to be <br />issued in anticipation of the issuance of bonds (the Bonds) for the purpose of improving the City's <br />sanitary sewerage system by constructing sanitary sewers, force mains and pumping facilities and <br />by constructing and reconstructing storm sewers and other storm water drainage facilities and <br />improvements to control and limit the volume of storm water entering or otherwise affecting the <br />sanitary sewerage system, in each case together with the necessary appurtenances and work <br />incidental thereto (the improvements), that: <br />l. The estimated life or period of usefulness of the improvements is at least five <br />years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is forty years. If notes in anticipation of the Bonds aze <br />outstanding later than the last day of December of the fifth year following the year of issuance of the <br />original issue of notes, the penod in excess of five yeazs shall be deducted from that maximum <br />maturity of the Bonds. <br />3. The maximum maturity of the Notes is September 24, 2018. <br />Dated: Ju1Y 30,1999 6"L91)6 <br />Director o Finance <br />City of North Olmsted, Ohio <br />? . . ... . .... . . . .... .. . 1?ea.Y:a.»Y . . . ?. ?.. <br />„ ,?..yf rvabr.'ek: . . _ .. . . .. . _ . ... .