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they may deem appropriate, to execute the.same on behalf of the <br />city, with such additions and modifications as those officers may <br />deem desirable or necessary, as evidenced by their execution <br />thereof. <br /> 3. Upon execution and delivery of the Agreement, the officers <br />and employees of the City are hereby authorized and directed to <br />take or cause to be taken such actions as may be necessary on <br />behalf of the City to implement the Agreement, including without <br />limitation the issuance of the TIF Bond thereunder. <br /> 4. The Council hereby determines that the execution and <br /> performance of the Agreement will help realize the public purposes <br /> of the Act and are in furtherance of the Development Program. <br /> Adopted on August 28 , 2000, by the Elk River City Council. <br /> <br /> 2 <br />1198072.1 <br /> <br /> <br />