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~~ <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 $500,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of acquiring an aerial pumper fire truck, together with <br />necessary equipment and appurtenances thereto, for use in carrying out functions of the Division <br />of Fire of the Department of Public Safety (the improvements), that: <br />1. The estimated life or period of usefulness of the improvements 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 ten years, that being my estimate of the life or period <br />of usefulness of that equipment. If notes in anticipation of the Bonds are outstanding later than <br />the last day of December of the fifth year following the year of issuance of the original issue of <br />notes, the period in excess of five years shall be deducted from that maximum maturity of the <br />Bonds. <br />3. The maximum maturity of the Notes is fifteen years. <br />Dated: February 15, 1994 `-~ <br />Director of Finance <br />City of North Olmsted, Ohio <br />