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.w~a, ~.~ ~,~ <br />~ISCaz t`IC~R'S G~RTIF'ICATJS <br />forth Olmsted, Ohio <br />June 20, 1972 <br />TO THL~ C(HJlfCIL f~!' TSg CITY ESP' IfORTB QI, OHIO: <br />The uadarsigaed, as fiscal officer of the City of Aorth Qlmstsd, trio, as <br />defined by R. C. Heation 133.01, ~reby certifies in coaeeetian with roar proposed <br />issue of bade for the moose of providing f~,ds to pease c~Y'~aa rsa2 eetste <br />and the building tl~eriecn for use by the Ssety I~psrt~eat and Service Departrent <br />of the City as foll¢rws : <br />1. That the estimated life Qf the property and isprovq~ests acquired <br />Eras the procsed,s of such bands aid the sofa issued is anticipation <br />thereof is hereby certified to be at least rive years. <br />2. The maturity of such bawds calculated in aea~e with <br />the grovieiaas of S~tiaa 133.0 of t 13ev~.sed Cods aed tlu~ ~aighted <br />average of the a~,~unts expende8 for said several classes of i~nprove- <br />meats, is as follcmrs <br />a.3085,400 for acquiring real estate and interests is <br />real estate - 30 years. <br />b. $ 28,304 for acquiring the building thexeo~s for use by <br />the Safety Hepsrtmest and Service rfiaae~at <br />of the City - 15 years, being tl3e est3aNated <br />period of iiife usefulness of said building. <br />The weighted average of said amownts for said several classes <br />of improveaents is 2$ years. <br />Should you suthcn~iee a single bond issue for all of said classes, the <br />maturity of said. bawds ca~ld not exceed such wei~ted average of 2$ years. <br />Respectfully su't~itted, <br />r <br />~,- <br />f <br />... . ~ c~ 't/ 'tJ`f <br />rec ar o sae <br /> <br />