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<br />FISC.AL OFFICER'S CERTIFICATE <br />North Olmsted, Ohio <br />October 21, 1969 <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTID, OHIO: <br />The undersigned, as fiscal officer of the City of 1Yorth Olmsted, <br />Ohio, as defi.ned by Revised Code Section 133.01, hereby certifies in <br />connection with your proposed issue of notes and bonds for the purpose <br />of pa,ying the property owners' portion of the cost of improving South <br />Barton Roa.d by constructing concrete sidewalks on both sides of said <br />street frarn Lorain Road southerly 2716 feet in accordance with Resolu- <br />tion No. 69-132, adopted July l, 1969, as follows: <br />l. That the estimated life of the property proposed to be acquired <br />fram the proceeds of said issue is hereby certified to be at least five <br />years. <br />2. That the maximum maturity of such bonds calculated in accordance <br />with the provisions of Section 133.20 of the Revised Code is twenty years, <br />but by reason of the fact that the assessments to pay the property <br />owners' portion of the cost of said improvement will be levied for five <br />years, the maximum maturity of such bonds may not exceed five years. <br />3. The maximum matuxity of notes issued in anticipation of snch <br />bonds is five years if sold at public sale, or one year if sold at pri- <br />vate sale. <br />All of which is respectf.illy su'bmitted, <br />ree or nance <br />City of orth Olmsted