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• • ?? <br />FISCAL OFFICER'S CERTIFICATE <br />TO THE COUNCIL OF THE CITY OF NORTH OLMSTED, OHIO: <br />The undersigned, Director of Finance of the City of North Olmsted, <br />Ohio, as the fiscal officer thereof, hereby certifies in connection with your <br />proposed issue of notes in anticipation of the issuance of bonds to pay costs <br />of acquiring and installing telephone equipment and necessary appurtenances <br />thereto for use by the City, as follows: <br />1. That the estimated life of the equipment described above is <br />hereby certified to be at least five years. <br />2. That the maximum maturity of bonds to be issued for that equip- <br />ment, calculated in accordance with the provisions of Section 133.20, Ohio <br />Revised Code, is five years, that being my estimate of the life and period of <br />usefulness thereof; provided that if notes in anticipation of such bonds are <br />outstanding for a period in excess of five years from the date of the original <br />issue, the period in excess of five years shall be deducted from such maximum <br />maturity of said bonds. <br />3. That the maximum maturitq of the notes to be issued in anticipa- <br />tion of the issuance of bonds to be issued for that equipment is ten years, <br />provided that if such notes are sold at private sale, then their maximum <br />maturity is one year. <br />Respectfully submitted, <br />Director of Finance <br />City of North Olms d, Ohio <br />Dated: September 21, 1982