Laserfiche WebLink
<br />. . <br /> <br />. <br /> <br />For the prompt and full payment of the principal and <br />interest on the bonds, as the same respectively become due, the <br />full faith, =edit and taxing powers of the City shall be and <br />are hereby irrevocably pledged. If the balance in the Debt <br />Service Account is ever insufficient to pay all principal and <br />interest then due on the bonds payable therefrom, the <br />deficiency shall be promptly paid out of any other funds of the <br />City which are available for such purpose, and such other funds <br />may be reimbursed with or without interest from the Debt <br />Service Account when a sufficient balance is available therein. <br /> <br />12. The City Clerk-Administrator is hereby directed <br />to file a certified copy of this resolution with the County <br />Auditor of Ramsey County, Minnesota, together with such other <br />information as he shall require, and to obtain from the Auditor <br />his certificate that the bonds have been entered in the <br />Auditor's Bond Register. <br /> <br />13 . The officers of the City are hereby authorized <br />and directed to prepare and furnish to the purchaser of the <br />bonds, and to the attorneys approving the legality of the <br />issuance thereof, certified copies of all proceedings and <br />records of the City relating to the bonds and to the financial <br />condition and affairs of the City, and such other affidavits, <br />certificates and information as are required to show the facts <br />relating to the legality and marketability of the bonds as the <br />same appear from the books and records under their custody and <br />control or as otherwise known to them, and all such certified <br />copies, certificates and affidavits, including any heretofore <br />furnished, shall be deemed representations of the City as to <br />the facts recited therein. <br /> <br />, <br /> <br />. <br /> <br />. <br />