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<br />, _ . _..:?.., . _. . <br />-. <br /> <br /> <br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />As fiscal officer of the City of North Olmsted, Ohio, I certify in <br />connection with your proposed issue of $100,000 notes (the Notes) in anticipa- <br />tion of the issuance of bonds (the Bonds) to pap costs of improving Lorain <br />Road (State Route 10) between certain termini, in cooperation with the <br />Director of Transportation of the State of Ohio, by resurfacing with asphaltic <br />concrete and reconstructing the pavement base, curbs and sidewalks, where <br />necessary, together with all necessary appurtenances thereto, 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 twenty 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 July 17, 2004, which is <br />twenty years from July 17, 1984, the date of the original notes issued for <br />this purpose, provided that their maximum maturity is one year if the Notes <br />are sold at private sale. <br />Dated: June 3, 1986 J <br />Director of Finan <br />Gity of North Olm ed, Ohio