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(h) under the provisions of Minnesota statutes, Section 462C.07, and as provided in the Loan Agreement and Indenture, the Bonds are not to be payable from or charged upon any funds other than the revenues pledged to the payment thereof; the City is not subject to any liability thereon; no holder of any Bonds 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 which have been assigned to the 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 which have been assigned to the Trustee under the Indenture; the Bonds shall recite that the Bonds are issued without moral obligation on the part of the state or 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 or its political subdivision within the meaning of any constitutional or statutory limitation. 8. Subject to the approval of the City Attorney and the provisions of paragraph 12 hereof, the forms of the Agreements and exhibits thereto and all other documents described in paragraph 6 hereof are approved substantially in the form submitted and on file in the office of the City Manager, with such subsequent changes as may be approved by the City and the City Attorney. The Agreements, in sUbstantially the form submitted, are directed to be executed in the name and on behalf of the city by the Mayor and the or City Manager. Any other documents and certificates necessary to the transaction herein described shall 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. 9. The City hereby consents to the distribution of the Official Statement. The City has not prepared nor made any independent investigation of the information contained in the Official Statement (other than the section therein captioned "The Issuer") and takes no responsibility for such information. 10. The Bonds shall bear interest at the rates set forth in Indenture. The rate or rates so established shall be set forth in the Indenture prior to its execution. 249097 5