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<br />e <br /> <br />Said taxes shall be irrepealable so long as any of the <br />Certificates are outstanding and unpaid; provided, that the <br />City reserves the right and power to reduce the levies in the <br />manner and to the extent permitted by Minnesota Statutes, <br />Section 475.61 and laws amendatory thereof. <br /> <br />Section 6. .Dej:~_~~.Q.J]'~~. When all of the Certificates <br />issued have been discharged as provided in this Resolution, all <br />pledges covenants and other rights granted by this Resolution <br />to the holders of the Certificates shall cease. The City may <br />at any time discharge its obligations with respect to any <br />Certificates, sUbject to the provisions of law now or hereafter <br />authorizing and regulating such action, by depositing <br />irrevocably in escrow, with a bank qualified by law as an <br />escrow agent for this purpose, cash or securities which are <br />authorized by law to be so deposited, bearing interest payable <br />at such time and at such rates and maturing on such dates as <br />shall be required to pay all principal and interest to become <br />due thereon to maturity. <br /> <br />e <br /> <br />Section 7. CountY_~J!QitQLR~j.J?_tr~:t:J-.9.n. The City Clerk <br />is hereby authorized and directed to file a certified copy of <br />this Resolution with the County Auditor of Sherburne County, <br />together with such additional information as the County Auditor <br />shall require, and to obtain from the County Auditor a <br />certification that the Certificates have been duly entered upon <br />his bond register and that the tax required for the payment <br />thereof has been levied and filed as required by law. <br /> <br />S ec t ion 8. A1LtJl~JJtj.~_9:t:Jg!LQ_f_1'_:r_~nJ?_~ripJ_ . Th e 0 f f i c er s <br />of the City and the County Auditor are hereby authorized and <br />directed to prepare and furnish to the purchaser of the <br />Certificates, and to the attorneys approving the legality <br />thereof, certified copies of all proceedings and records <br />relating to the Certificates and such other affidavits, <br />certificates and information as may be required to show the <br />facts relating to the legality and marketability of the <br />Certificates, as the same may appear from the books and records <br />in their custody and control or as otherwise known to them, and <br />all such certified copies, affidavits and certificates, <br />including any heretofore furnished, shall be deemed <br />representations of the City as to the correctness of all <br />statements contained therein. <br /> <br />e <br /> <br />,,' , <br /> <br />