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,~ _,~~ <br />FISCAL OFFICER'S CERTIFICATE <br />North Olmsted, Ohio <br />1976 <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 in Revised Code Section 133.01, hereby certifies in connection <br />with your proposed issue of $40,000 of bonds and notes in anticipation of the <br />issuance of bonds for the purpose of providing funds for the purchase of <br />traffic control signs, as follows: <br />1. That the estimated life of the property and improvements to be <br />acquired and constructed from the proceeds of such bonds and notes is hereby <br />certified to be at least ten years. <br />2. The maximum maturity of such bonds, calculated in accordance <br />with the provisions of Section 133.20, Revised Code, is ten years, this <br />being my estimate of the period of usefulness of the traffic control signs, <br />provided that if notes in anticipation of such bonds are outstanding for <br />a period in excess of five years from the date of the original issue, <br />the period thereof in excess of five years shall be deducted from such <br />maximum maturity of said bonds. <br />3. The maximum maturity of notes issued in anticipation of such <br />bonds is eight years, or one year if such notes are sold at private sale. <br />f. ~~ <br />I Dire or of Finance <br />. „_ <br />-~ <br />