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2026 Fire Stations Improvement 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 $625,000, to be issued <br />in anticipation of the issuance of bonds (the Bonds) to provide funds to pay costs of constructing, <br />reconstructing, furnishing, equipping and otherwise improving the City's fire stations, together <br />with 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 20 years, being my estimate of the life or period of usefulness <br />of the improvement; if and to the extent a portion of the proceeds of the Bonds may be determined to <br />be allocated to a class or classes having a maximum maturity of less than 20 years but in excess of <br />five years, then the maximum maturity of the Bonds would still be at least 20 years by reason of a <br />sufficient portion of the proceeds of the Bonds allocated to a class or classes having a maximum <br />maturity or an estimated period of usefulness in excess of 20 years. If notes in anticipation of the <br />Bonds are outstanding later than the last day of December of the fifth year following the year of <br />issuance of the original issue of notes, the period in excess of those five years shall be deducted from <br />that maximum maturity of the Bonds. <br />3. The maximum maturity of the Notes is June 25, 2044, which is 20 years from June 25, <br />2024, the date of issuance of the original notes issued for this purpose. <br />Dated: March 17, 2026 <br />Director einance <br />City of North Olmsted, Ohio <br />