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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 <br />proposed issue of $750,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of acquiring fire trucks, together with the necessary equipment <br />and appurtenances thereto, for use in carrymg out functions of the Division of Fire of the <br />Department of Public Safety, that: <br />1. The estimated life or period of usefulness of the fire apparatus described above <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 ten years. If notes in anticipation of the Bonds are <br />outstanding later than the last day of December of the fifth year following the year of issuance <br />of the original issue of notes, the period in excess of those five years shall be deducted from that <br />ma3cimum maturity of the Bonds. <br />3. The maximum maturity of the Notes is May 25, 2008, which is fifteen years <br />from May 25, 1993, the date of the original notes issued for this purpose. <br />Dated: May 16, 1995 <br />Director of Finance <br />City of North Olmsted, Ohio <br />D03:[00523.DOCS.NOR05223]FOC_FIItE TRUCK_750. <br />