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Series O <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 proposed <br />issue of not to exceed $2,090,000 of bonds (the Bonds) for the purpose of improving certain <br />designated streets in the City, in cooperation with the Director of Transportation of the State of <br />Ohio and otherwise, by grading, draining, replacing sections of concrete pavement, preparing the <br />surface, resurfacing and constructing and reconstructing sidewalks, where necessary, in each <br />case together with the necessary appurtenances and work incidental thereto (the improvements), <br />that: <br />1. The estimated life or period of usefulness of each class of the improvements is at least <br />five years. <br />2. The estimated maximum maturity of the Bonds, calculated in accordance with Section <br />133.20 of the Revised Code, is fifteen years. <br />Dated: February 7, 2006 <br />Director of Finance <br />City of North Olmsted, Ohio <br />