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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 connection with your <br />proposed issue of $3,440,000 bonds (the Bonds) for the purpose of constructing, furnishing and <br />equipping a fire station and acquiring, preparing, improving and equipping its site (the <br />improvements), that: <br />1. The estimated life or period of usefulness of each class of improvements is at <br />least five years. <br />2. The maximum maturity of the Bonds, calculated in accordance with Section <br />133.20 of the Revised Code, is twenty years, since each class of the improvements has an <br />estimated life or period of usefulness of twenty years or more and bonds for each class of the <br />improvements have a maximum maturity of at least twenty years, or otherwise, if and to the <br />extent a portion of the proceeds of the Bonds may be determined to be allocated to a class or <br />classes having a maximum maturity of less than twenry years but in excess of five years, then <br />the maximum maturity of the Bonds would still be at least twenty years by reason of a sufficient <br />portion of the proceeds of the Bonds being allocated to a class or classes having a maximum <br />maturity, by statute or because of my estimate of the life or period of usefulness, in excess of <br />twenty years, including those classes having a maximum maturity of thirty years. <br />Dated: August 19, 1996 <br />?--- - <br />Director of Finance <br />City of North Olmsted, Ohio <br />D03: [00523. DOCS.NOR05228]FOC_FIRE_STATION_S3_440.