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+ •. <br />FISCAL OFFICER'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />As fiscal officer of the City of North Olmsted, I certify in connec- <br />tion with your proposed issue of bonds in the maximum aggregate principal <br />amount of $2,364,000 (the Bonds) for the purpose of improving certain <br />designated streets in the City's street system by grading, draining, curbing, <br />reconstructing the pavement base, widening, preparing the surface and paving, <br />by constructing, reconstructing and rehabilitating storm sewers, sanitary <br />sewers and water mains, by reconstructing curbs, sidewalks and driveway <br />aprons, by acquiring and installing signals, signs and other equipment and <br />devices to direct and control traffic and by installing underground wires and <br />cables for street lighting, all where necessary, together with the necessary <br />appurtenances and work incidental thereto (the improvement), that: <br />1. The estimated life or period of usefulness of the improvement is <br />at least five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with <br />Section 133.20 of the Revised Code, is twenty years, or otherwise; if and to <br />the extent a portion of the proceeds of the Bonds may be determined to be <br />allocated to a class or classes having a maximum maturity of less than twenty <br />years but in excess of five years, then the maximum maturity of the Bonds <br />would still be at least twenty years by reason of a sufficient portion of the <br />proceeds of the Bonds allocated to a class or classes having a maximum <br />maturity, by statute or because of my estimate of the life or period of use- <br />fulness, in excess of twenty years, including those classes having a maximum <br />maturity of forty years. <br />? <br />Dated: 1992 <br />, ?----- <br />Director of Finance <br />City of North Olmsted, Ohio