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. ~. - ~ <br />77- ~~ <br />FISCAL OFFICER'S CERTIFICATE <br />City of North Olmsted, Ohio <br />May 17, 1977 <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTED, OHIO: <br />The undersigned, as fiscal officer of the City of North Olmsted, <br />Ohio, as defined by Revised Code Section 133.01, hereby certifies as follows <br />in connection with your proposed issue of bonds and notes for the purpose of <br />providing funds to improve Mill Road by constructing a storm sewer and removing <br />trees for the construction of a sidewalk: <br />1. That the estimated life of the improvements proposed to be <br />constructed from the proceeds of said issue is hereby certified <br />to be at least five years. <br />2. That the maximum maturity of such bonds calculated in accor- <br />dance with the provisions of Section 133.20 of the Revised <br />Code is twenty years; provided that if notes in anticipation <br />of such bonds are outstanding for a period in excess of five <br />years from the date of the original issue, the period thereof <br />in excess of five years shall be deducted from such maximum <br />maturity of said bonds. <br />3. That the maximum maturity of notes issued in anticipation <br />of such bonds is eight years; provided that if said notes <br />are sold at private sale, then their maximum maturity is <br />one year. <br />Di ector of Finance <br />Ci y of North Olmsted <br />