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f , <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, I certify in connection with your <br />proposed issue of $50,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of improving Ciry Hall by converting an existing storage <br />area into a conference room and offices and acquiring furnishings and equipment therefor, <br />together with the necessary appurtenances thereto (the improvement), that: <br />1. The estimated life or period of usefulness of the improvement is at least five <br />years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is fifteen years, or otherwise, if and to the extent a <br />portion of the proceeds of the Bonds may be determined to be allocated to a class or classes <br />having a maximum maturity of less than fifteen years but in excess of five years, then the <br />maximum maturity of the Bonds would still be at least fifteen years by reason of a sufficient <br />portion of the proceeds of the Bonds allocated to a class or classes having a maximum <br />maturity, by statute or because of my estimate of the life or period of usefulness, in excess of <br />fifteen years, including those classes having a maximum maturity of twenty years. If notes in <br />anticipation of the Bonds are outstanding later than the last day of December of the fifth year <br />following the year of issuance of the original issue of notes, the period in excess of five years <br />shall be deducted from that maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is twenty years. <br />Dated: September 21, 1993 <br />Director of Finance <br />City of North Olmsted, Ohio