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<br />1-4. Authorization and Ratification of Project. <br /> <br />The City has heretofore and does hereby authorize the <br />Borrower, in accordance with the provisions of Section <br />474.03(7) of the Act and subject to the terms and conditions <br />set forth in the Disbursing Agreement, to provide for the <br />construction and installation of the Project pursuant to the <br />Plans and Specifications by such means as shall be available to <br />the Borrower and in the manner determined by the Borrower, and <br />without advertisement for bids as may be required for the <br />construction and acquisition of municipal facilities; and the <br />City hereby ratifies, affirms, and approves all actions <br />heretofore taken by the Borrower consistent with and in <br />anticipation of such authority and in compliance with the Plans <br />and Specifications. <br /> <br />5 <br />