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MIl&. ~id bonds shall be prepared for execution under the direction of the Village e~~ and executed on behalf of the Village by the signature of the Mayor, attested by the signature of the Village Manager, and by affixation of the corpor- ate seal of the Village on each bond, and the appurtenant interest coupons and the certificate as to opinion of bond counsel on the back of each bond shall be executed and authenticated by the printed, engraved or lithographed facsimile signatures of said Mayor and Manager. When the bonds have been so executed and authenticated, they shall be delivered by the Village Treasurer to the purchaser thereof upon pay- ment of the purchase price specified in the contract of sale, and the purchaser shall not be obligated to see to the application of the purchase price. 9. Each and all of the terms and provisions of this resolution shall constitute a covenant and agreement on the part of the Vil1ag\hf~~9r~e holders from time to time of each bond issued hereunder. The Village .Q."iII~ hereby auth- orized and directed forthwith to file a certified copy of this reso1utian with the County Auditor of Ramsey County, and to obtain from the County Auditor a certificate that said bonds have been duly entered upon his register. 10. The officers of the Village and the County Auditor of Ramsey County are hereby authorized and directed to prepare and furnish to the purchaser of the bonds issued hereunder, and to the attorneys approving the legality of the issuance thereof, a certified copy of this resolution and of all other proceedings relating to said bonds, together with such affidavits, certificates and information as may be reasonably required to show the legality and marketability of said bonds, as such information appears from the books and records in their custody and control or as otherwise known to them, and all such certified copies, certificates and affidavits shall be deemed representations of the Village as to the correctness of all state- ments contained therein. The motion for the adoption of the foregoing resolution was duly seconded by Member Grauel , and upon vote being taken thereon, the following members voted in favor thereof: All and the following voted against the same: None whereupon said resolution was declared duly passed and adopted. -7-