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together with such costs of issu- <br /> ance and related costs as may be <br /> incidental to the issuance of the <br /> Bonds. The EDA shall set the <br /> date,denominations, place of <br /> payment,form, content,interest` <br /> rates and details of the Bonds, <br /> and the City Council hereby con <br /> sents to the issuance and details <br /> of the Bonds,as so determined,by <br /> the EDA. The City Council' <br /> hereby gives specific consent,to <br /> the pledge of the City's full faith, <br /> credit,and resources to the pay-:_ <br /> ment and security of the Bonds. <br /> SECTION 3. 'Publication. This <br /> Ordinance,as adopted on the date <br /> hereof,shall be published in the <br /> official newspaper of the City and <br /> the EDA. <br /> SECTION 4.` Effective Date. <br /> The effective date of this Ordi- <br /> ance shall be the date of its <br /> adoption. <br /> THIS ORDINANCE was intro- <br /> duced and adopted by the City <br /> Council of the City of Elk River,, <br /> Minnesota, on the 15th day of <br /> October, 2007, by the following <br /> vote: ; <br /> AYES:'Mayor'Klinzing, Coun- <br /> cilmembers Zerwas, Gumphrey, <br /> Farber,and Motin <br /> NAYS:None <br /> APPROVED: <br /> Stephanie Klinzing,Mayor <br /> ATTEST: <br /> Tina Allard,City Cleric <br /> (024) <br /> 1 <br />