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26 , Certificate of Recristration. The Manager is hereby directed to file a certified copy of this resolution with the County Auditor of Ramsey County, Minnesota, together with such other information as he or she shall require, and to obtain the -County Auditor' s Certificate that the Bonds have been entered in the County Auditor' s Bond Register. 27 . Recor s and Cer if ica es . The officers of the City are hereby authorized and directed to prepare and furnish to the Purchaser, and to the attorneys approving the legality of the i,s suance of the Bonds, certified copies of all proceedings and records of the City relating to the Bonds and to the financial condition and affairs of the City, and such other affidavits, certificates and information as are required to show the facts relating to the legality and marketability of the Bonds as the same appear from the books and records under their custody and control or as otherwise known to them, and all such certified copies, certificates and affidavits, including any re furnished, shall be deemed representations of the City as to the facts recited therein. 28 . Negative Covenant as to U e of Proceeds and Pro ems. The City hereby covenants not to use the proceeds of the Bonds or to use the Protect, or to cause or permit them to be used, or to enter into any deferred payment arrangements for the cost of the Project, in such a manner as to cause the Bonds to be "private activity bonds„ within the meaning of Sections 103 and 141 through 150 of the Code . 29 . Tax-Exempt Status_ of, the Bonds; Rebate; E 1 e c_t._i ores . The city shall comply with requirements necessary under the Code to establish and maintain the exclusion from gross income under Section 103 of the Code of the interest on the Bonds, including without limitation requirements relating to temporary periods for investments, limitations on amounts invested at a yield greater than the yield on the Bonds, and the rebate of excess investment earnings to the United States . The Mayor, Manager and Treasurer/Finance Director, or any of them, are hereby authorized and directed to make such elections as to arbitrage or rebate matters relating to the Bonds as they deem necessary, appropriate or desirable in connection with the Bonds, and all such elections shall be, and shall be deemed and treated as, elections of the City. 30 . No Di iation of on l i f 3.ed Tax-Exemp t Obliczations . The Bonds exceed in amount those which may be qualified as "qualified tax-exempt obligations" within the meaning of Section 265 (b) (3) of the Code, and hence are not designated for such purposes 906107.01 26