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14 <br />4854-7635-7637.1 <br />Section 5.03. Investments. Moneys in each of the funds and accounts created and <br />established by this Resolution shall be deposited, invested and secured in accordance with State <br />law. Moneys held in such funds and accounts may be invested by the City or at its direction in <br />such amounts and maturing at such times as shall reasonably provide for moneys to be available <br />when required in the accounts or funds; provided, however, that no such investment shall be made <br />for a period extending longer than to the date when the moneys invested may be needed for the <br />purpose for which such fund or account was created; and provided further that such investments <br />shall be subject to the covenants and provisions of the Article VII hereof. All interest on any <br />authorized investment held in any fund or account shall accrue to and become a part of such fund <br />or account. All money held in the funds created by this Resolution shall be kept separate and apart <br />from all other funds of the City so that there shall be no commingling of such funds with any other <br />funds of the City. <br /> <br /> <br /> <br />ARTICLE VI <br />CERTIFICATION OF PROCEEDINGS <br />6.01. Filing with County Auditor. The City Clerk of the City is hereby authorized and <br />directed to file with the County Auditor of Hennepin County a certified copy of this Resolution <br />together with such other information as the County Auditor shall require and to obtain from the <br />County Auditor a certificate that the Bonds have been entered upon the bond registers and that the <br />tax for the payment of the Bonds has been levied as required by law. <br /> <br />6.02. Certification of Proceedings. The officers of the City and the County Auditor are <br />hereby authorized and directed to prepare and furnish to the Purchaser and to Kutak Rock LLP, <br />Bond Counsel, certified copies of all proceedings and records of the City relating to the Bonds and <br />to the financial condition and affairs of the City, and such other affidavits, certificates and <br />information as may be required to show the facts relating to the legality and marketability of the <br />Bonds as they appear from the books and records under the officer’s custody and control or as <br />otherwise known to the them. All such certified copies, certificates and affidavits, including any <br />heretofore furnished, shall be deemed representations of the City to the correctness of all <br />statements contained herein. <br /> <br />6.03. Official Statement. The Preliminary Official Statement relating to the Bonds, as <br />of its date December 2, 2021, prepared and distributed by the Municipal Advisor, including any <br />amendments or supplements thereto, is hereby ratified, approved and deemed “final” for purposes <br />of Rule 15c2-12 promulgated under the Securities and Exchange Act of 1934, as amended (“Rule <br />15c2-12”). The Municipal Advisor is hereby authorized on behalf of the City to prepare and <br />distribute to the Purchaser, within seven business days from the date hereof, a final Official <br />Statement listing the offering prices, the interest rates, selling compensation, delivery date, the <br />underwriters and such other information relating to the Bonds required to be included in the <br />Official Statement by Rule 15c2-12. The use and public distribution of the final Official Statement <br />by the Purchaser in connection with the offering and sale of the Bonds is hereby authorized. The