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89-067 RES
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89-067 RES
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Last modified
12/3/2007 2:38:15 PM
Creation date
7/25/2005 4:22:57 PM
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City Government
type
RES
date
11/6/1989
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<br />. <br /> <br />. <br /> <br />. <br /> <br />the Tax Increments and the other funds pledged to the payment <br />of the Bonds do not prove sufficient to pay principal and <br />interest on the Bonds, the Issuer will promptly levy ad valorem <br />taxes as necessary for such paYment without limitation as to <br />rate or amount. <br /> <br />Section 5. Miscellaneous. <br /> <br />5.01. County Auditor Reqistration. The City Clerk is <br />directed to file with the County Auditor of Sherburne County a <br />certified copy of this resolution, and obtain from the County <br />Auditor a certificate stating that the Bonds have been entered <br />upon his bond register. <br /> <br />5.02. Authentication of Transcript. The officers of the <br />Issuer and said County Auditor are authorized and directed to <br />prepare and furnish to the purchasers of the Bonds, and to bond <br />counsel, certified copies of all proceedings and records of the <br />Issuer relating to the authorization and issuance of the Bonds <br />and such other affidavits and certificates as may reasonably be <br />required to show the facts relating to the legality and <br />marketability of the Bonds as such facts appear from the <br />officers' books and records or are otherwise known to them. <br />All such certified copies, certificates, and affidavits, <br />including any heretofore furnished, shall be deemed <br />representations of the Issuer as to the correctness of all <br />statements contained therein. <br /> <br />The motion for the adoption of the foregoing resolution was <br /> <br />duly seconded by Member <br /> <br />Holmqren <br /> <br />and upon vote being <br /> <br />taken thereon, the following voted in favor thereof: All members <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br />whereupon said resolution was declared duly passed and adopted. <br /> <br />SBS:BZO <br /> <br />15. <br />
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