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CITY of ORONO <br />RESOLUTION OF THE CITY COUNCIL <br />NO. .5402 <br />copies and certificates shall be deemed the representations of the City as to all matters stated <br />therein. <br />4. The Mayor, City Administrator and other City officials and staff are authorized <br />and directed to take all other actions and do all other things necessary to assure the expeditious <br />completion of the constriction of the Project and the financing thereof as contemplated hereby, <br />including without limitation execution of a grant agreement with the State of Minnesota and <br />other instruments relating to the financing of the purchase, and to pay all fees and expenses <br />incurred in connection with the transaction. <br />5. The Official Statement relating to the Bonds, on file with the City Clerk and <br />presented to this meeting, is hereby approved and the furnishing thereof to prospective <br />purchasers of the Bonds is hereby ratified and confirmed. The Continuing Disclosure Certificate <br />attached to the Official Statement is hereby approved and shall be executed by the Mayor and <br />City Clerk. The Continuing Disclosure Certificate constitutes a contractual obligation of the <br />City. <br />Adopted by the City Council of the City of Orono, Minnesota, at a regular <br />meeting held November 28, 2005. <br />ATTEST: <br />Lin a S. Vee, City Cleric <br />Barbara- •Mayor <br />Page 2 of 2 <br />