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. . . ," pay in full the principal and interest on the Note, the City will promptly levy ad valorem taxes as necessary for such payment without limitation as to rate or amount. Section 7. County huditor Registration. The City Administrator is hereby authorized and directed to file a certified copy of this Resolution with the County Auditor of Sherburne County, together with such additional information as the County Auditor may require~ and to obtain from the County Auditor a certification that the Bond has duly entered upon the Auditor's Bond Register. Section 8. Authentication of Transcript. The officers of the City and the County Auditor are hereby authorized and directed to prepare and furnish to the purchaser of the Note, and to the attorneys approving the legality thereof, cert1fied copies of all proceedings and records relating to the Note and such other affidavits, certificates and information as may be required to show the facts relating to the legality and marketability of the Note, as the same may appear from the books and records in their custody and control or as otherwise known to them, and all such certified copies, affidavits and certificates, including any heretofore furnished, shall be deemed representations of the City as to the correctness of all statements contained therein. Section 10. ReqistrQtion of Transfer. The City shall cause to be kept, at the office of the City Administrator, a Bond Register in which, subject to such reasonable regulations as it may prescribe, the City shall provide for the registration of transfers of ownership of the Note. The Note shall be transferable upon the Bond Register by the holder thereof in person or by its attorney duly authorized in writing, upon surrender of the bond to be transferred together with a written instrument of transfer satisfactory to the City Administrator, duly executed by the holder or its duly authorized attorney. Upon such transfer, the City will cause a new note or notes to be issued in the name of the transferee(s), in the principal amount then remaining unpaid, bearing interest at the same rate and maturing on the same date, and the City Administrator shall note the date of registration and the name and address of the new holder in the Bond Register. The City may deem and treat the person in whose name a note is last registered in the Bond Register as the absolute owner thereof, whether or not the principal balance or any part thereof is overdue, for the purpose of receiving payment of or on account of the principal balance or interest and for all other purposes. The motion for the adoption of the foregoing resolutions was duly seconded by Councilmember Dietz The following voted in favor of adoption of such resolution: Mayor Tralle, Counci~embers Ho~gren, Dietz and Schuldt 4 .