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. <br />'r <br />SUPPLEMENTAL FISCAL OFFICL+'R'S CERTIFICATE <br />To the Council of the City of North Olmsted, Ohio: <br />As fiscal officer of the City of North Olmsted, and supplementing my <br />certificate dated February 3, 1992, I certify in cvnnection with your proposed <br />issue of $4,300,000 notes (the Notes), to be issued in anticipati.on of the <br />issuance of bonds (the Bonds) for the purpose of improving certain designated <br />streets in the City's street system by grading, dr.aining, curbing, <br />reconstructing the pavement base, widening, preparing the surface and paving, <br />by reconstructing and rehabilitating storm sewers, sanitary sewers and water <br />mains, by constructing and reconstructing curbs, sidewalks and driveway <br />aprons, and by installing underground and above-ground wires and cables for <br />street lighting, all where necessary, together with the necessary <br />appurtenances and work incidental thereto. <br />1. The estimated life or period of usefulness of the improvement is <br />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 twenty years, or otherwise, <br />if and to the extent a portion of the proceeds of the Bonds may be determined <br />to be allocated to a class or classes having a maximum maturity of less than <br />twenty years but in excess of five years, then the maximum maturity of the <br />Bonds would still be at least twenty years by reason of a sufficient portion <br />of the 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 <br />usefulness, in excess of twenty years, including those classes having a <br />maximum maturity of forty years. If notes in anticipation of the Bonds are <br />outstanding later than tlie last day of December of the fifth year following <br />the year of issuance of the original issue of notes, the period in excess of <br />five years shall be deducted from that maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is twenty years. <br />Dated: February 11, ` 1992 <br />rector of Finance <br />City of North Olmsted, Ohio