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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 $175,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of providing funds to pay costs of the final judgment rendered <br />against the City in Civil Action Number 1:95CV 1109 in the United States District Court for the <br />Northern District of Ohio, Eastem Division, that: <br />1. The City is unable, within the limits of its other funds that have been <br />appropriated and are available for that purpose, to pay the final judgment. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with <br />Section 133.14 of the Revised Code, is twenty-five years. If notes in anticipation of the Bonds <br />are outstanding later than the last day of December of the fifth year following the year of <br />issuance of the original issue of notes, the period in excess of five years shall be deducted from <br />that maximum maturity of the Bonds. <br />The maximum maturity of the Notes is twenty years. <br />Dated: September 19, 1995 <br />? <br />Director of Finance <br />City of North Olmsted, Ohio <br />D03: (00523.DOCS.NOR05224]JUDGMENT_NOTE_FOC. <br />•??m. ,... ,. ??? ..:.... ..:..?s ?._.:.. ?a.?.?;?.r???:??„-..-?r,?... , t ?. ._,. <br />