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6.3.B. SR 06-16-2008
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6.3.B. SR 06-16-2008
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6/13/2008 10:43:20 AM
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bonds) which will be issued by the City (and all entities treated as one issuer with the <br />City, and all subordinate entities whose obligations are treated as issued by the City) <br />during this calendar year 2008 will not exceed $10,000,000; and <br />(e) not more than $10,000,000 of obligations issued by the City during this <br />calendar year 2008 have been designated for purposes of Section 265(b)(3) of the Code. <br />The City shall use its best efforts to comply with any federal procedural requirements <br />which may apply in order to effectuate the designation made by this paragraph.. <br />21. Consent to Representation. The City hereby consents to the representation by <br />Briggs and Morgan, Professional Association, which is acting as the City's bond counsel with <br />respect to the Note, of the MPFA with respect to the MPFA Bonds and the Note as the MPFA's <br />bond counsel pursuant to a special attorney appointment by the Attorney General of the State of <br />Minnesota. <br />22. Severability. If any section, paragraph or provision of this resolution shall be held <br />to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, <br />paragraph or provision shall not affect any of the remaining provisions of this resolution. <br />23. Headings. Headings in this resolution are included for convenience of reference <br />only and are not a part hereof, and shall not limit or define the meaning of any provision hereof. <br />The motion for the adoption of the foregoing resolution was duly seconded by member <br />and, after full discussion thereof and upon a vote being taken thereon, the <br />following voted in favor thereof: <br />and the following voted against the same: <br />Whereupon the resolution was declared duly passed and adopted. <br />2170696v1 I2 <br />
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