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<br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the Ciry of North Olmsted, Ohio: <br />As fiscal officer of the City of North Olmsted, I certify in connection with your <br />proposed issue of $260,000 notes (the Notes), to be issued in anticipation of the issuance of <br />bonds (the Bonds) for the purpose of acquiring, for use by the Department of Public Service, <br />two two-and-one-half-ton trucks, athree-ton tandem dump truck, aone-half-ton pickup truck, <br />a one-ton chipper truck, a sweeper and a small loader backhoe, together with the necessary <br />appurtenances thereto (the vehicles), that: <br />1. The estimated life or period of usefulness of the vehicles is at least five 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 five years shall be deducted from that <br />maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is May 25, 2003, which is ten years from <br />May 25, 1993, the date of the original notes issued for this purpose. <br />Dated: January 4, 1994 <br />Director of Finance <br />City of North Olmsted, Ohio <br />