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. . . Section 5. Miscellaneous. 5.01. Oualified Tax Exempt Obliqations. The Bonds are hereby designated as "Qualified Tax-Exempt Obligations" as such term is defined in Section 265(b) (3) of the Code. The City represents and covenants that it does not reasonably anticipate issuing bonds which would constitute Qualified Tax Exempt Obligations in an aggregate amount greater than $10,000,000 in 1992. 5.02. County Auditor Registration. The City Clerk is directed to file with the County Auditor of Sherburne County a certified copy of this resolution and to obtain from the County Auditor a certificate stating that the Bonds have been entered upon his bond register. 5.03. Authentication of Transcript. The officers of the City and said County Auditor are authorized and directed to prepare and furnish to the purchasers of the Bonds, and to bond counsel, certified copies of all proceedings and records of the City relating to the authorization and issuance of the Bonds and such other affidavits and certificates as may reasonably be required to show the facts relating to the legality and marketability of the Bonds as such facts appear from the officers' books and records or are otherwise known to them. All such certified copies, certificates, and affidavits, including any heretofore furnished, shall be deemed representations of the City as to the correctness of all statements contained therein. 5.04. Certification to Transportation Commissioner. The officers of the City are authorized and directed to certify to the Minnesota Transportation Commissioner, within thirty (30) days following the issuance of the Bonds, the principal amount of the Bonds and the amount of money required annually for the paYment of principal and interest on the Bonds. 5.05. Arbitrage. The City covenants and agrees with the holders from time to time of the Bonds herein authorized that it will not take, or permit to be taken, by any of its officers, employees, or agents, any action which would cause the interest payable on the Bonds to become subject to taxation under the Code; and that it will take, or will cause its officers, employees, or agents to take, all affirmative actions within its powers which may be necessary to insure that such interest will not become subject to taxation under the Code. The Code as used herein includes the Code and all regulations adopted thereunder. The City will make paYments to the United States, if any, which are required to be made by the provision of paragraph (f) of Section 148 of the Code. The Mayor and the Administrator, being officers of the City charged, with the responsibility for issuing the Bonds pursuant to this Resolution, are authorized and directed to execute and deliver to the Purchaser a certification in order to satisfy the provisions of Section 148 of the Code. 15.