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<br /> <br /> .,.n ? <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 connection with your <br />proposed issue of $205,000 bonds (the Bonds) for the purpose of constructing, furnishing, <br />equipping and otherwise improving an addition to the City's police station and preparing and <br />improving the site thereof (the improvements), that: <br />1. The estimated life or period of usefulness of each class of the improvements <br />is at least five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with Section <br />133.20 of the Revised Code, is at least twenty years. That maximum maturity is based on my <br />calculation of the average number of years of life or period of usefulness of the improvement <br />as measured by the weighted average of the amounts proposed to be expended for the several <br />classes of the improvement as follows: not less than $100,000 for constructing and otherwise <br />improving the addition, thirty years; and not more than $100,000 for fumishing and equipping <br />the addition and preparing and improving its site, ten years; the weighted average is therefore <br />at least twenty years. <br />Dated: August 19, 1996 ? <br />Director of Finance <br />City of North Olmsted, Ohio <br />D03: [00523. DOCS. NOR05228]FOC_NM_POL_STAT_$205.