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<br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />As fiacal officer of the City of North Olmsted, Ohio, I certify in <br />connection with your proposed iesue of $5,315,000 notes (the Notes) in <br />anticipation of the issuance of bonds (the Bonds) for the purpose of paying <br />costs of improving and expanding the municipal wastewater treatment <br />facilities, that: <br />1. The estimated life or usefulness of the improvement described <br />above ie at least f ive years. <br />2. The maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is forty years. If notes in anticipation <br />of the Bonds are outstanding for a period in excess of five years from the <br />date of the original issue of notes, the period in excess of five years shall <br />be deducted from that maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is May 4, 2004, which is twenty <br />years from May 4, 1984, the date of the original notes issued for that <br />improvement, provided that their maximum maturity is one year if the Notes are <br />sold at private sale. <br />Dated: April 16, 1985 ? <br />Director of Finance <br />City of North Olmst , Ohio