Laserfiche WebLink
3/ ~/~ <br />~,~:, <br />FISCAL OFFICER'S CERTIFICATE <br />North Olmsted, Ohio <br />February 5 , 19 74 <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTED, OHIO: <br />The undersigned, as fiscal officer of the City of North Olmsted, as <br />defined by Revised Code Section 133.01, hereby certifies in connection <br />with your proposed issue of $1,867,000 notes and bonds for the purpose <br />of paying the City's portion of the cost of constructing the sewer <br />improvements described in Resolution No. 69-177, adopted October Z1, <br />1969 (Contract No. 15) and in Resolution No. 69-14, adopted February 4, <br />1969 (Contract No. 16), as follows: <br />1. That the estimated life of the sewer improvements constructed <br />from the proceeds of said issue is hereby certified to be at least five <br />years. <br />2. That the maximum maturity of such bonds calculated in accordance <br />with the provisions of Section 133.20 of the Revised Code is forty years. <br />3. That the maximum maturity of the notes now proposed to be <br />issued in anticipation of the issuance of such bonds may not exceed <br />five years from the date of issuance of the original notes, namely, <br />March 12, 1975, if sold publicly, or one year if sold at private sale. <br />All of which is respectfully submitted, <br /> ~ ~ <br />. r ~ <br />~ <br />~~ <br /> ~ ~~. <br />Dir ctor of Finance <br />Cit of North Olmsted <br /> <br />