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~~ ~~~~~ ~ <br />FISCAL OFFICER'S CERTIFICATE <br />North lmsted, Ohio <br />2 1971 <br />TO THE COUNCIL OF THE CITY OF ~tORTH OLMSTED, OHIO: <br />The undersigned, ss fiscal officer of the City of North Olmsted, <br />as defined by Revised Code Section 133.01, hereby certifies in connection <br />ttith your proposed issue of notes and bonds for the purpose of paying the <br />property or-ners' portion and the City's portion of the cost of improving <br />Burns Road and certain other streets by replacing and repairing sidewalks <br />as described in Resolution No. 70-139 adopted August 19, 1970, as fol- <br />lo~rs <br />1. That the estimated life of the sidewalks proposed to be <br />constructed from the proceeds of said issue is hereby certified to be <br />at least five years. <br />2. That the aaximum maturity of such bonds calculated in ac- <br />cordance with the provisions of Section 133.20 of the Revised Code irould <br />be Meaty years, but by reason of the fact that the assesssents in an- <br />ticipation of rhieh said bonds are to be issued i-ill be collected over <br />five years, the maxims maturity of said bonds is five years. <br />3. That the zlaxissusn maturity of notes issued in anticipation <br />of such bonds is five years if sold at public sale, or one year if sold <br />at private sale. <br />All oP which is respect!'ul.ly subsaitted. <br />Dirac of Finsnce <br />City o North Olmsted <br />