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