Laserfiche WebLink
<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, I certify in connection with your <br />proposed issue of $385,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of acquiring motor vehicles and equipment, together with the <br />necessary appurtenances thereto, for use in carrying out functions of the Department of Public <br />Service (the equipment), that: <br />1. The estimated life or period of usefulness of the equipment 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 five years. If notes in anticipation of the Bonds are <br />outstanding later than the last day of December of the fifth year following the year of issuance <br />of the original issue of notes, the period in excess of those five years shall be deducted from that <br />maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is July 31, 2001, which is ten years from <br />July 31, 1991, the date of the original notes issued for that purpose. <br />Dated: September 19, 1994 <br />Director of Finance <br />City of North Olmsted, Ohio <br />