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~.~-.d <br />FISCAL Or~IC~~s C~tTZFICATE <br />North Olmsted, Ohio <br />February 20, 1973 <br />TO THE COUNCIL OF THE CITY OF 1~RTH OLt~BTED, OHIO: <br />The undersigned, as Fiscal officer of the City of North Olmsted, <br />as defined by Revised Code election 133.01, hereby certifies in connec- <br />tion with your proposed issue of notes and bot~is for the purpose of <br />paying the City's portion Of the COSt of constructing the sear im- <br />provement described in Resolution No. 69-14, adopted February ~+, 1969 <br />(Contract No. 16), as Polloors: <br />1. That the estimated life of the suer improvement proposed to <br />be constructed from the proceeds of said issue is hereby certified to <br />be at least five years. <br />2. That the meucia~um maturity of such bonds calculated in accord- <br />ance with the provisions of Section 133.20 of the Revised Code is forty <br />years. <br />3. In the event notes are issued in anticipation of the issuance <br />of such bonds the maturity of such Wotan may not exceed five years from <br />the date of iasuAnee of the original notes, namely, I~reh 12, 1975, ~' <br />sold publicly, or one year if sol8 at private sale. <br />All of which is respectfully submitted, <br />eC o e <br />City of North Olmsted <br /> <br />