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.,■ a, 0, i 1.t M1111 vi 11 mil MY 4 ■now 1 f�hrTl�iFi F� �� y ■ mvL. • e ,�� ■••�{ice � � �•w dB t ustee for the purchasers of the Bonds) as to the maturities interest rates and other terms and provisions or the Bonds and as to the covenants and othor provisions of the necessary docents and submit such docents to the City for final approval. 9. Nothing in this Resolution or the docents pre red pursuant hereto shall authorise the expenditure of any Municipal funds on the Pro f ect other than the revenues derive, from the Project or otherwise granted to the City for this purpose,. %%e Bonds shall not constitute a charge# lion or enc=- brance, legal or equitablo, upon any property or funds of the City except the revenue and proceeds pledged to the aymant thereof# nor shall the City be subject to any llabil ty therson. The holder of the Bonds shall never have the right to compal any exercise of the taxing parer of the City to pay the outstanding principal on the Bends or the interest thereon# or to enforce payment thereon against any property of the Cityo except Such property as may ba expressly pledged for the security of the bonds* The bonds shall recite in stance that Sondai including the interest thereon, are payable solely from tha revenue and proceeds pledged to the Pa thereofs The Bonds shall not constitute a debt of the C ty within the meaning of any constitutional or statutory limitation* to. In anticipation of the approval by all necassa "' entities of the housing program and "a issuance of the Bonds to f inanoe all .or a portion of the pro f ect, and in order that completion of the project will not be unduly delayed when approved, the Developer is hereby authorised to make suoh expenditures and advances toward payment of that portion of the costs of the Project to be financed from the proceeds of the Bonds, as the Developer considers. necassaryo includingrthS use of intarin, short-terra financing, subject to raimhursenent from the proceeds of the Bonds if any when delivered but otherwise without liability on the part of the City* Adopted by the City Council of the City of Roseville, Kizmemota this day of 1+ M7M LA I'd I s EG-9 I ONCE ON /V9 16 9 1 'IS/ F 9 1 66 180 ,60(am) 00 EZZ Z19 Inva is NVOE 01 ONY STIES MOU