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FISCAL OFFICER'S CERTIFICATE To the Council of the City of North Olmsted, Ohio: As fiscal officer of the City of North Olmsted, I certify in connection with your proposed issue of $245,000 notes (the Notes), to be issued in anticipation of the issuance of bonds (the Bonds) for the purpose of improving the City's park and recreational facilities by acquiring and installing heating, ventilating and air conditioning equipment for the Community Cabin; by resurfacing with asphalt and curbing, and acquiring and installing street lighting for, the Recreation Center parking lot and the driveway from Lorain Road to that parking lot; by reconstructing and paving with concrete the existing walkway from Lorain Road to the Recreation Center; and by draining and landscaping the Recreation Center site, all together with the necessary appurtenances and work incidental thereto (the improvements), that: l. The estimated life or period of usefulness of each class of the improvements is at least five years. 2. The estimated maximum maturity of the Bonds, calculated in accordance with Section 133.20 of the Revised Code, is at least fifteen years, since each class of the improvements has an estimated life or period of usefulness of fifteen years or more, or otherwise, if and to the extent a portion of the proceeds of the Bonds may be determined to be allocated to a class or classes having a life or period of usefulness of less than fifteen years but in excess of five years, then the maximum maturity of the Bonds would still be at least fifteen years by reason of a sufficient portion of the proceeds of the Bonds being allocated to a class or classes having a life or period of usefulness, by statute or because of my estimate of the life or period of usefulness, in excess of fifteen years, including those classes having a life or period of usefulness of twenry or thirty years. If notes in anticipation of the Bonds are outstanding later than the last day of December of the fifth year followmg the year of issuance of the original issue of notes, the period in excess of five years sha11 be deducted from that maximum maturrty of the Bonds. 3. The maximum maturity of the Notes is June 24, 2013, which is twenty years from June 24, 1993, the date of the original notes issued for this purpose. Dated: MaY 16, 1995 Director of Finance City of North Olmsted, Ohio D03: [00523. DOCS.NOR05223J FOC_PARK_REC_?AS. .M?ra,?.?+.z?:. ::?'.c4 . ? . ? ? . .. . . . . .. .? ...;rrr ,?i ?.v .. ,e?, . .. , .. . . ?. . . . < , v.w.• .? .?.rbaN?.w?.=: m?,,, . _.. . . . . . ... . . . , . .