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<br />show the facts relating to the legality of the bonds as such facts appear from the books and <br />records in the officers' custody and control or as otherwise known to them; and all such certified <br />copies, certificates and affidavits, including any heretofore furnished, shall constitute <br />representations of the City as to the truth of all statements contained herein. <br /> <br />10. The approval hereby given to the various documents referred to above includes <br />approval of such additional details therein as may be necessary and appropriate and such <br />modifications thereof, deletions therefrom and additions thereto as may be necessary and <br />appropriate and approved by the Bond Counsel and the City officials authorized herein to <br />execute said documents prior to their execution; and said City officials are hereby authorized to <br />approve said changes on behalf of the City. The execution of any instrument by the appropriate <br />official or officials herein authorized shall be conclusive evidence of the approval of such <br />documents in accordance with the terms hereof. <br /> <br />11. The approval hereby given to the City Documents and the various other <br />documents referred to in paragraph 5 above includes approval of (a) such additional details <br />therein as may be necessary and appropriate and such modifications thereof, deletions therefrom <br />and additions thereto as may be necessary and appropriate and approved by Bond Counsel and <br />the City officials authorized herein to execute said documents prior to their execution and (b) <br />such additional documents, agreements or certificates as may be necessary and appropriate in <br />connection with the Loan Agreement and the Indenture and with the issuance and sale of the <br />Bonds and approved by Bond Counsel and City officials authorized herein to execute said <br />documents prior to their execution; and said City officials are hereby authorized to approve said <br />changes or additional documents, agreements or certificates on behalf ofthe City. The execution <br />of any instrument by the appropriate officer or officers of the City herein authorized shall be <br />conclusive evidence of the approval of such documents in accordance with the terms thereof and <br />hereof. In the absence (or inability) of the Mayor or City Manager, any of the documents <br />authorized by this resolution to be executed by them may be executed by the Acting Mayor or <br />the Acting City Manager, respectively. <br /> <br />12. Pursuant to Section 462C.04 of the Act, the "Multifamily Rental Housing <br />Program of the City of Roseville, Minnesota", dated June 11, 2007 (being the date on which a <br />hearing was held on the program), is hereby adopted, and is hereby confirmed to be the housing <br />program which relates to the Bonds and Project. The City hereby makes and confirms the <br />findings and conclusions set forth in said housing program. <br /> <br />13. The City hereby establishes a governmental program of acquiring purpose <br />investments for qualified residential rental projects. The governmental program is one in which <br />the following requirements of ~ 1.148-1 (b) of the federal regulations relating to tax-exempt <br />obligations shall be met: <br /> <br />(a) the program shall involve the origination or acquisition of purpose <br />investments; <br /> <br />(b) at least 95% of the cost of the purpose investments acquired under the <br />program shall represent one or more loans to a substantial number of persons <br /> <br />2035126v3 <br /> <br />4 <br />