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. ?° ... <br />FISCAL OFFICER'S CERTIFICATE <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTED, OHIO: <br />The undersigned, Director of Finance of the City of North Olmsted, <br />Ohio, as the fiscal officer thereof, hereby certifies in connection with <br />your proposed issue of notes in anticipation of the issuance of bonds for <br />the purpose of providing funds to purchase leaf vacuums and other related <br />equipment for the Department of Public Service, as follows: <br />1. That the estimated life of the equipment described above is <br />hereby certified to be at least five years. <br />2. That the maximum maturity of bonds to be issued for that <br />equipment, calculated in accordance with the provisions of Section 133.20, <br />Ohio Revised Code, is five years, that being my estimate of the period of <br />usefulness of the equipment; provided that if notes in anticipation of such <br />bonds are outstanding for a period in excess of five years from the date <br />of the original issue, the period in excess of five years shall be deducted <br />from such maximum maturity of said bonds. <br />3. That the maximum maturity of the notes in anticipation of the <br />issuance of bonds to be issued for that equipment is eight years from the <br />date of the original issue, provided that if such notes are sold at private <br />sale, then their maximum maturity is one year. <br />Respectfully submitted, <br />i ? Director of Finance <br />City of North Olmsted, Ohio <br />Dated: May 5, 1981