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2023 Energy Coneervafion General Obligation Notes <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 proposed <br />issue of notes (the Notes) in an aggregate principal amount not to exceed $4,000,000, to be <br />issued in anticipation of the issuance of bonds (the Bonds) to provide funds to pay costs of <br />acquiring and in§talling energy conservation measures in City buildings and facilities, together with <br />all necessary appurtenances thereto, that: <br />1. The estimated life or period of usefulness of each class of the improvements described <br />above is at least five years. <br />2 The estimated maximum maturity of the Bonds, calculated in accordance with Section <br />133.20 of the Revised Code, is at least 15 years, being my estimate of the life or period of <br />usefulness of the improvement, if and to the extent a portion of the proceeds of the Bonds may be <br />determined to be allocated to a class or classes having a maximum maturity of less than 15 years but <br />in excess of five years, then the maximum maturity of the Bonds would still be at least 15 years by <br />reason of a sufficient portion of the proceeds of the Bonds allocated to a class or classes having a <br />maximum maturity or an estimated period of usefulness in excess of 15 years. If notes in <br />anticipation of the Bonds we outstanding later than the last day of December of the fifth year <br />following the year of issuance of the original issue of notes, the period in excess of those five years <br />shall be deducted from that maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is 240 months from their date of issuance. <br />Dated: April 18, 2023 oafs) 1�? &W{(/t_ <br />Director of Finance <br />City of North Olmsted, Ohio <br />