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A <br /> <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 <br />proposed issue of $50,000 notes (the Notes), to be issued in anticipation of the issuance of bonds <br />(the Bonds) for the purpose of improving City Hall by converting an existing storage area into <br />a conference rvom and offices and acquiring furnishings and equipment therefor, together with <br />the necessary appurtenances thereto (the improvemments), that: <br />1. The estimated life or period of usefulness of of each class of the improvements <br />is at least five years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is at least fifteen years, since each class of the <br />improvements has an estimated life or period of usefulness of fifteen years or more, or <br />otherwise, if and to the extent a portion of the proceeds of the Bonds may be determined to be <br />allocated to a class or classes having a life or period of usefulness of less than fifteen years but <br />in excess of five years, then the maximum maturity of the Bonds would still be at Ieast fifteen <br />years by reason of a sufficient portion of the proceeds of the Bonds being allocated to a class <br />or classes having a life or period of usefulness, by statute or because of my estimate of the life <br />or period of usefulness, in excess of fifteen years, including those classes having a life or period <br />of usefulness of twenty years. If notes in anticipation of the Bonds are outstanding later than <br />the last day of December of the fifth year following the year of issuance of the original issue of <br />notes, the period in excess of five years shall be deducted from that malcimum maturity of the <br />Bonds. <br />3. The ma3cimum maturity of the Notes is November 23, 2013, which is twenty <br />years from November 23, 1993, the date of the notes originally issued for that purpose. <br />? <br />Dated: May 16, 1995 <br />Director of Finance <br />City of North Olmsted, Ohio <br />D03:[00523.DOCSNOR05223]FOC_CITY HALL.50