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FISCAL OFFICER'C CF~i'IFICATE <br />North Olmsted, Ohio, <br />.~. ~d~,., ~~,r ~ 19~~ <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTED, OHIO: <br />The undersigned, as Fiscal Officer of the City of North Olmsted, Ohio, as <br />defined in R.C. Section 133.Ol,hereby certifies in connection with your proposed <br />issue of $53,900 Municipal Bus Purchase Notes for the purpose of purchasing <br />new municipal buses and equipment necessary thereto for use in the operation o <br />the North Olmsted Municipal Coach Lines, as follows: <br />1. That the estimated life of the property and improvements to be acquired <br />from the proceeds of such bonds and notes is hereby certified to be at least <br />five years. <br />2. That the maximum maturity of said bonds calculated in accordance with <br />provisions of Section 133• of the Revised Code is five years. <br />3. Notes issued in anticipation of such bonds will have a maximum maturity <br />of five years if sold publicly or to the Bond Retirement or Treasury Investment <br />Fund, or one year if sold at private sale. <br />Respectfully submitted, <br />. ,(~ 7 <br />Cx/J Z- ` ~-~~-'~/ <br />Directo of Finance <br />