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.~ <br />I - <br />2. Securin all ne <br />g cessary federal, state, and local government waivers, authorizations, <br />or approvals relating to US WEST's acquisition and operation of the system to the <br />• extent provided by law; and <br />3. Reimbursement of all reasonable fees incurred in the Authority's review of the <br />proposed transactions; and <br />4. The successful closing of the Transaction described in the Continental/US WEST <br />Agreement. <br />BE IT RESOLVED FURTHER, that nothing herein shall be construed or interpreted to <br />constitute any approval or disapproval of or consent or non-consent to US WEST's Petition for <br />Special Relief currently pending before the FCC, or any other federal, state, or local government <br />waivers, authorizations or approvals, other than that transaction delineated above. <br />BE IT RESOLVED FURTHER, that US WEST may, at any time and from time to time, <br />assign or grant or otherwise convey one or more liens or security interests in its assets, including <br />its rights, obligations and benefits in and to the Franchise (the "Collateral") to any lender <br />providing financing to US WEST ("Secured Party ), from time to time. Secured Parry shall have <br />no duty to preserve the confidentiality of the information provided in the Franchise with respect <br />to any disclosure (a) to Secured Party's regulators, auditors or attorne s <br />order of any governmental authori y ° ro) made pursuant to the <br />ry, (c) consented to by the Authority or (d) any of such <br />information which was, prior to the date of such disclosure, disclosed by the Authority to any <br />• third party and such party is not subject to any confidentiality or similar disclosure restriction with <br />respect to such information subject, however, to each of the terms and conditions of the Franchise. <br />ADOPTED byCity of Falcon Heights lltl~y of Sept. 1996. <br />City of Falcon Heights <br />Susan L. Gehrz <br />Mayor <br />Attest: <br />Clerk-Treasurer <br />The undersigned, being the duly appointed, qualified and acting Clerk of the City of <br />Falcon Heights, Minnesota hereby certify that the foregoing Resolution No. is a true, <br />correct and accurate copy of Resolution No. duly and lawfully passed and adopted by the <br />City of Falcon Heights on the day of 1996. <br />• Clerk <br />