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r ? <br />. h ?Irr° <br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />00%4 <br />•ftwo <br />As fiscal officer of the City of North Olmsted, Ohio, I certify in <br />connection with your proposed issue of $75,000 notes (the Notes) in anticipa- <br />tion of the issuance of bonds (the Bonds) to pay costs of acquiring and <br />installing telephone equipment and necessary appurtenances thereto for use by <br />the City, that: <br />1. The estimated life or usefulness of the improvement described <br />above is at least five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is five years, befng my estimate of the <br />period of usefulness of that 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 October 27, 2002, which is <br />twenty years from October 27, 1982, the date of the original notes issued for <br />that improvement, provided that their maximum maturity is one year if the <br />Notes are sold at private sale. <br />Dated: July 17, 1984 <br />Director of Finance <br />City of North Olms , Ohio