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Agreement shall each be deemed to be a part of this resolution as fully and to the same extent as <br />if incorporated verbatim herein and shall each be in full force and effect from the date of <br />execution and delivery thereof. The Intercreditor Agreement and the Consolidation Agreement <br />shall be substantially in the form on file with the City on the date hereof, which is hereby <br />approved, with. such necessary variations, omissions, and insertions as are not materially <br />inconsistent with such form and as the Mayor and the City Manager, in their discretion, shall <br />determine; provided that the execution thereof by the Mayor and the City Manager shall be <br />conclusive evidence of such determination. The Mayor and the City Manager are hereby <br />authorized and directed to execute and deliver all other instruments and documents necessary to <br />accomplish the purposes for which the Bonds are to be issued and the Indenture, the Financing <br />Agreement, the Intercreditor Agreement, the Consolidation Agreement and the Bond Purchase <br />Agreement are to be executed and delivered, including the Mortgage Assignment and any other <br />document related to the consolidation, amendment and restatement of the outstanding mortgages <br />related to the Project. The City Council hereby authorizes the preparation and filing of Uniform <br />Commercial Code financing statements (with respect to the assignment of the interests of the <br />City in the Financing Agreement, the Bond Mortgage Note, and the other loan documents, other <br />than the Unassigned Rights (as defined in the Indenture), to the Trustee, for the benefit of the <br />owners of the Bonds). <br />8. The City hereby consents to the preparation and distribution of an Official <br />Statement with respect to the offer and sale of the Bonds (the "Official Statement") as requested <br />by the Underwriter and the Borrower; provided that it is understood that the City has not been <br />requested to participate in the preparation of or to review the Official Statement and has not done <br />so. The City has made no independent investigation of the facts and statements set forth in the <br />Official Statement; accordingly, the City assumes no responsibility with respect thereto <br />including, without limitation, as to matters relating to the accuracy, fairness, completeness, or <br />sufficiency of the Official Statement, except any information specifically relating to the City <br />under the heading "THE ISSUER" and "NO LITIGATION-The Issuer" in the Official Statement. <br />9. The Mayor, the City Manager, and other officers of the City are authorized upon <br />request to furnish certified copies of all proceedings and records of the City relating to the <br />Bonds, and such other affidavits and certificates as may be required to show the facts relating to <br />the Bonds as such facts appear from the books and records in the officers' custody and control or <br />as otherwise known to them; and all such certified copies, certificates and affidavits, including <br />any heretofore furnished, shall constitute representations of the City as to the truth of all <br />statements contained herein. Such officers, employees, and agents of the City are hereby <br />authorized to execute and deliver, on behalf of the City, all other certificates, instruments, and <br />other written documents that may be requested by bond counsel, the Underwriter, the Trustee, <br />Freddie Mac, or other persons or entities in conjunction with the issuance of the Bonds and the <br />expenditure of the proceeds of the Bonds. Without imposing any limitations on the scope of the <br />preceding sentence, such officers and employees are specifically authorized to execute and <br />deliver a certificate relating to federal tax matters including matters relating to arbitrage and <br />arbitrage rebate, a receipt for the proceeds derived from the sale of the Bonds, an order to the <br />Trustee with respect to the delivery of the Bonds and the application of the proceeds derived <br />from the sale of the Bonds, a general certificate of the City with respect to the issuance of the <br />Bonds, and an Information Return for Tax-Exempt Private Activity Bond Issues, Form 8038 <br />(Rev. September 2007). <br />2363919v1 6 <br />