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<br />, <br /> <br />irrevocably agrees (solely for purposes of said Section 265(b)(3) of the Code) <br />with the other Member Cities of the Commission to the foregoing respective <br />allocations of the principal amount of the Bonds and further agrees and finds that <br />said allocation bears a reasonable relationship to the respective benefits received. <br /> <br />Nothing in this paragraph is intended or shall be interpreted to limit or alter the respective <br />percentage shares of the Member Cities or their respective allocations of debt service <br />ot!igations on the Bonds, as those may be determined in accordance with the Agreement <br />for 2003 or any subsequent year. <br /> <br />11. This Resolution, and the amendments made to the Agreement, shall be construed to <br />authorize the Commission to contract for and purchase real estate, as part of the Project. <br /> <br />]2. The City officers are authorized to take such actions as may be necessary or desirahle to <br />implement the apprcv\ls given in th>' Resolution, including (a) the execution on behalf of <br />the City of an amendment to or an amendment and restatement of the Agreement <br />substantially reflecting the am"o.dr--ents thereto approved hereinabove an') (b), upon <br />req':esi, pwviding to the CommISsion or bod coun:,c! for the Bonds ccrtificatiou of this <br />Resolution or certifications of facts and circumstances of the City as nny be pertinent in <br />connection 1Nith the issuance of the Bonds. This Resolution shaH b cffe~tive <br />immediately. <br /> <br />Pa,sed and adoptvl ins ___ day of ___._ ____.. 2002. <br /> <br />CITY OF Cm,TERVILLE, J'vHNNESOTA <br /> <br />By <br />Its: <br /> <br />_--r:'.L.:~{::C'~~;~~_________,_______,___,~_____ - <br /> <br />/!.:rr:'ST: <br /> <br />/ <br />j <br /> <br />_.___.__.___ moved the adoption of the fo,egoing Resolution, aYld <br />Councl~n1enlbcr _____________ duly seconded thrJ rnoticn. Upon a vote ~ -:111:; l:1Jo~:~l <br />th\;r("-~l the following IT c~rnbers of the Council voted in favor thereof: <br /> <br />and tL -c ibHowing voted against the Bme: <br /> <br />Whereupon :,aid Resoh.:iion was ded red duly passed and adof'ted.. <br /> <br />-" ________-.___.__._.m________n_ Uu_____..____'" -- - - - --.- Page Bi.~aK.-" <br /> <br />. . __ nm_____ n nm__________J <br />