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Y - ,' <br />FISCAL OFFICER'S CERTIFICATE <br />,..r~ <br />North Olmsted, Ohio <br />March 4, 1980 <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, hereby certifies in connection with your proposed issue of $3,355,000 <br />of bonds for the purpose of improving the recreational facilities of the <br />City by constructing a building housing an ice skating rink, swimming pool, <br />tennis courts and appurtenant facilities, constructing a toboggan slide, <br />acquiring, developing and improving a site therefor, and providing fur- <br />nishings and equipment for such recreation center and grounds, as follows: <br />1. That the estimated life of the property and improvements <br />acquired from the proceeds of such bonds is hereby cetified to be at least <br />five years. <br />2. The maximum maturity of such bonds, calculated in accordance <br />with the provisions of Section 133.032, Revised Code, is thirty-five years, <br />but by reason of the fact that notes in anticipation of the bonds have been <br />outstanding for six years, the maximum maturity of such bonds is thirty-four <br />years. <br />Respectfully submitted, <br />,~`~~~~~___ I~~A~~~/.t//7L'%~~ -G~ ~--'./~ i.( (~iL Cam. <br />Director of Fiance <br />