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<br />4. Official Statement. The City Clerk and other officers of the City, in <br />cooperation with Ehlers and Associates, Inc., financial consultants to the City, are <br />hereby authorized and directed to prepare on behalf of the City an official statement <br />to be distributed to potential purchasers of the Bonds. Such official statement shall <br />contain the statement of Terms and Conditions of Sale set forth in paragraph 3 <br />hereof and such other information as shall be deemed advisable and necessary to <br />describe accurately the City and the security for, and terms and conditions of, the <br />Bonds. The City Clerk is authorized on behalf of the City to deem the Official <br />Statement near "final" as of its date, in accordance with Rule 15c2-12(b)(1) under the <br />Securities Exchange Act of 1934. <br />Mayor <br />Attest: <br />City Clerk <br /> <br />• -9- <br />