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thereto as may be necessary and appropriate and approved by the officers of the City <br /> authorized herein to execute the Joint Powers Agreement, such approval to be conclusively <br /> evidenced by the execution thereof. <br /> 2. In no event shall the Bonds ever be payable from or charged upon any funds of the City; the <br /> City is not subject to any liability thereon; no owners of the Bonds shall ever have the right <br /> to compel the exercise of the taxing power of the City to pay any of the Bonds or the <br /> interest thereon, not to enforce payment thereof against any property of the City; the Bonds <br /> shall not constitute a charge, lien or encumbrance,legal or equitable, upon any property of <br /> the City; and the Bonds do not constitute an indebtedness of the City within the meaning of <br /> any constitutional, statutory, or charter limitation. <br /> Adopted by the City Council of the City of Ella River,Minnesota this 15th day of July, 2013. <br /> J hn ietz, a <br /> ATTEST: <br /> City Administrator( <br /> N' A' TUREE] <br /> 2 <br />