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~,~ ~s~,r <br />5 <br />FISCAL OFFICER'S CERTIFICATE <br />North Olmsted, Ohio <br />April 2, 1974 <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTID, OHIO: <br />The undersigned, as fiscal officer of the City of North Olmsted, <br />hereby certifies as follows: <br />1. That the estimated life of the real estate and interests therein <br />acquired as a site for the City's hospital, is at least five years. <br />2. That the maximum maturity of bonds to be issued to pay the cast <br />of acquiring such property, calculated in accordance with Revised Code <br />Section 133.20, is thirty years. <br />3. The maximum maturity of the $186,000 notes now proposed to be <br />issued in anticipation of the issuance of such bonds is five years from <br />the date of issuance of the original note, to wit: June 30, 1976, if <br />sold publicly, or one year if sold at private sale. <br />All of which is respectfully submitted. <br />~,..r ! r <br />Direjctor of Finance <br />City of North Olmsted <br />