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(f} as provided in the Loan Agreement and Indenture, <br /> the Bonds are not to be payable from or charged upon any funds <br /> other than the revenue pledged to the payment thereof; the City <br /> is not subject to any liability thereon; no holder of any Bond <br /> shall ever have the right to compel any exercise by the City of <br /> its taxing powers to pay any of the Bonds or the interest or <br /> premium thereon, or to enforce payment thereof against any <br /> property of the City except the interests of the City in the Loan <br /> Agreement, the Mortgage and the Assignment, which have been <br /> assigned to the Bond Trustee under the Indenture; the Bonds shall <br /> not constitute a charge, lien or encumbrance, legal or equitable, <br /> upon any property of the City except the interests of the City in <br /> the Loan Agreement, the Mortgage and the Assignment which have <br /> been assigned to the Trustee under the Indenture; the Bonds shall <br /> recite that the Bonds do not constitute or give rise to a <br /> .pecuniary liability or moral obligation of the City, the Mate of <br /> Minnesota or any of its political subdivisions, and that the <br /> Bonds, including interest thereon, are payable solely from the <br /> revenues pledged to the payment thereof; and the Bonds shall not <br /> constitute a debt of the City within the meaning of any <br /> constitutional or statutory limitation. <br /> 5 . Annrova l_ of Hou s ins Procxram -and, Document Forms <br /> Execution. The Mousing Program for the revenue bond financing of <br /> the Improvements on file with the City Clerk is hereby approved. <br /> Subject to the approval of the City Attorney, and the provisions <br /> of paragraph 9 hereof, the forms of the Bond Documents and <br /> exhibits thereto and all other documents listed in paragraph 3 <br /> hereof are approved substantially in the form submitted. Subject <br /> to the provisions of paragraph 9 hereof, the Bond Documents, in <br /> substantially the forms submitted, are directed to be executed in <br /> the name and on behalf of the City by the Mayor and Clerk or <br /> Manager. Subject to the provisions of paragraph 9 hereof, the <br /> Bonds are to be executed in the name of and on behalf of the City <br /> by the Mayor and Clerk or Manager, and are to be delivered to the <br /> Trustee for authentication and delivery to the Purchaser. Any <br /> other City documents and certificates necessary to the <br /> transaction described above may be executed by the appropriate <br /> City ,of f icers, Copies of all of the documents necessary to the <br /> transaction herein described shall be delivered, filed and <br /> recorded as provided herein and in the Loam Agreement and <br /> Indenture, <br /> 6 , official Statement. The City hereby consents to <br /> the preparation and distribution of a Preliminary Official <br /> Statement dated and a final Official Statement (collectively, the <br /> "Official Statement") to the Purchaser. The City has relied upon <br /> the Company and the Purchaser and legal counsel retained by them <br /> to assure the accuracy and completeness of the information set <br /> forth in the official Statement and therefore the city has not <br /> participated, and will not participate significantly, in the <br /> preparation of the official Statement* The City has not made, <br /> and will not make, any independent investigation of the <br /> ,information contained therein, except under the headings "'I`IIB <br /> CITY" or "THE ISSUER" ,, and it assumes no responsibility for the <br /> 940544.1 5 <br />