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<br />. <br /> <br />19. The General obligation Improvement Bonds of 1985, <br />dated April 1, 1985, refunded hereunder which mature in 1992 <br />and thereafter shall be redeemed and prepaid on December 1, <br />1991, in accordance with the terms and conditions set forth in <br />the Notice of Call attached hereto as Exhibit A, which terms <br />and conditions are hereby approved and incorporated herein by <br />reference, Said Notice of Call shall be first published no <br />later than 30 days after the issuance of the Bonds. <br /> <br />20. On or prior to the delivery of the Refunding <br />Bonds the Mayor and the Clerk are hereby authorized and <br />directed to execute on behalf of the City an Escrow Agreement, <br />All essential terms and conditions of such Escrow Agreement are <br />hereby approved and adopted and made a part of this resolution, <br />and the City covenants that it will promptly enforce all <br />provisions thereof in the event of default thereunder by the <br />Escrow Agent. <br /> <br />21, The Clerk or anyone designated by him to act in <br />his behalf, is hereby authorized and directed to purchase the <br />appropriate united States Treasury Securities, State and Local <br />Government Series, from the proceeds of the Bonds in accordance <br />with the provisions of this resolution and to execute all such <br />documents (including the appropriate subscription form) <br />required to effect such purchase in accordance with the U. S. <br />Treasury Regulations (31 CRF Part 344) published in the Federal <br />Register on August 29, 1980, <br /> <br />22. The Clerk is hereby directed to file a certified <br />copy of this resolution with the County Auditor of Ramsey <br />County, Minnesota, together with such other information as he <br />shall require, and to obtain from the Auditor his certificate <br />that the Bonds have been entered in the Auditor's Bond <br />Register, that the tax levies for the Refunded Bonds have been <br />cancelled to the extent provided in this resolution and that <br />the tax levy required by law has been made. <br /> <br />23, 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 /> <br />. <br /> <br />18 <br />