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FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />As fiscal officer of the City of North <br />connection with your proposed issue of $180,000 <br />issued in anticipation of the issuance of bonds <br />improving the City's street system by acquiring <br />and other equipment and devices to direct and c~ <br />and pedestrian traffic (the improvement), that: <br />O1msG.ed, I certify in <br />notes (the Notes), to be <br />(the Bonds) to pay costs of <br />and installing signals, signs <br />~ntrol the flow of vehicular <br />1. The estimated life or usefulness of the improvement is at least <br />five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is ten years, being my estimate of the <br />period of usefulness of the improvement. If notes in anticipation of the <br />Bonds are outstanding for a period in excess of five years from the date of <br />the original issue of notes, the period in excess of five years shall be <br />deducted from that maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is fifteen years, provided that <br />their maximum maturity is one year if the Notes are sold at private sale. <br />~-.~ , <br />Dated: June 20, 1989 ~ ~ <br />Director of Financ <br />City of North Olm d, Ohio <br />