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Obligatiorzs, a�:d the other i;�stc�iments and proceedings relatir�g to the Revenue Obligations, and that an <br />or befare such date the Revenue Obligations shall ha�e been sold and issued. If the events set forth herein <br />do not take place prior to such date, or any extension thereo�', and the Rev�nue Obtigatians are not sold <br />within such time, this resalution wi1l expire and be of no further effec#. <br />Section 10. Ri�hts of the City. The adoptian of this rasolut�on does not constitute a guaranty or <br />tirm commit�nent that the City will issue the Revenue Obligations as requested by the Company. The <br />City retains the right in its sole discretion to withdraw fram participation and accordingly not to issue the <br />Reven�e Obligatzo�s, or issue the Revenue Obligations in an amaunt less that the amount referred to <br />herein, should the City at any time prior to issuance thereof determine that it is in the best interest of the <br />City not to issue the Revenue Obligations, or to issue the Revenue ObIigations in an aggregate amount <br />less than the amount referred to in Section 2 hereof, or shouId the parties to the �ransaction be unable to <br />reach agreement as io the tern�s aaad conditions of any of the docu�ents required �or the transaction. <br />Section 11. Effective Date. This Resolution shall be in full force and effect frozrn and after its <br />passage this 25th day of July, 2411. <br />-4- <br />