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. <br />? ?. <br />FISCAL OFFICER'S CERTIFICATE <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTID, OHIO: <br />The undersigned, Director of Finance of the Citq of North Olmsted, <br />Ohio, as the fiscal officer thereof, herebq certifies in connectioa with your <br />proposed issue of notes in anticipation of the issuance of bonds to pay costs <br />of acquiring and installing telephone equipment and necessary appurtenances <br />thereto for use by the City, as follows: <br />1. That the estimated life of the equipment described above is <br />herebq certified to be at least five years. <br />2. That the maximum maturity of bonds to be issued for that equip- <br />ment, calculated in accordance with the provisions of Section 133.20, Ohio <br />Revised Code, is five years, that being my estimate of the life and period of <br />usefulness of that equipment; provided that if notes in anticipation of such <br />bonds are outstanding for a period in excess of five years from the date of <br />the original issue, the period in excess of five years shall be deducted from <br />such maximum maturity of said bonds. <br />3. That the maximum maturity of the notes to be issued in anticipa- <br />tion of the issuance of bonds to be issued for that equipment is ten years <br />from the date of the original issue, to wit: October 27, 1992, if sold at <br />public sale or to one of the funds of the City, and one year, if sold at <br />private sale. <br />Respectfully submitted, <br />V <br />Director of Finance <br />City of North Olmsted, zio <br />Dated: ? , 1983