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90-059 Ordinance
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90-059 Ordinance
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1/20/2014 12:15:38 PM
Creation date
1/16/2014 9:19:54 AM
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North Olmsted Legislation
Legislation Number
90-059
Legislation Date
5/15/1990
Year
1990
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<br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />IOWN <br />'WOW <br />As fiscal officer of the City of North Olmsted, I certify in connec- <br />tion wit.h your proposed issue of $100,000 notes (the Notes), to be issued in <br />anticipation of the issuance of bonds (the Bonds) for the purpose of acquiring <br />a motor vehicle and related equipment for the Department of Public Service, <br />that: <br />1. The estimated life or period of usefulness of the vehicle and <br />equipment described above is at least five years. <br />2. The estimated maximum maturity of the Bonds, calculated in accor- <br />dance with Section 133.20 of the Revised Code, is five years, being my <br />estimate of the life or period of usefulness of the vehicle and equipment <br />described above. If notes in anticipation of the Bonds are outstanding for a <br />period in excess of five years from the date of the original issue of notes, <br />Che period in excess of five years shall be deducted from that maximum <br />maturity of the Bonds. <br />3. The maximum maturity of the Notes is August 10, 1999. <br />--? <br />Dated : May 15 , 1990 <br />Director of Finance <br />City of North Olmsted, Ohio
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