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~~,~- :z <br />FISCAL OFFICER'S CERTIFICATE <br />North Olmsted, Ohio <br />February 15, 1972 <br />TO THE COtArCIL C)F THE CITY OF NORTH OLMSTID, OHIO: <br />The undersigned, as fiscal officer of the City of Noatth Olmsted, <br />as defined by Revised Code Section 133.01, hereby certifies in cosnect3.on <br />with your proposed issue of notes at2d bonds fvr the puxpc3se of pay~tg the <br />City's portion of the cost of constructing the sewer i~rpravement described <br />in Resolution No. 69-177, adopted October 21, 1969 (Contract No. 15), as <br />fo]lows : <br />1. That the estimated life of the sewer imp~t proposed <br />to be constructed from the proceeds of said issue is hereby certified to <br />be at least five years. <br />2. That the ma~dmnen maturity of such bonds calculated in ac- <br />cordaace with the provisions of Section 133.20 of the Revised Code to be <br />forty years. <br />3. In the event notes are issued i.n anticipation of the issu- <br />ance of such bonds, the maturity of such Hates msy not emceed five years <br />from the date of issuance of the original. notes, namely, I~rch ]J2, 1975, <br />if sold publicly, or one year if sold at private sale. <br />All of which is respectfully submitted. <br />s <br />Director of finance, y of <br />No h Olmsted <br /> <br />