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4. Official Statement. The City Clerk, in <br />cooperation with Ehlers and Associates, Inc., financial <br />consultants to the City, is hereby authorized and directed to <br />prepare on behalf of the City an official statement to be <br />distributed to potential purchasers of the Notes. Such <br />official statement shall contain the statement of Terms and <br />Conditions of Sale set forth in paragraph 3 hereof and such <br />other information as shall be deemed advisable and necessary to <br />adequately describe the City and the security for, and terms <br />and conditions of the Notes. <br />Adopted by the City Council on January 10, 1990. <br />Mayor <br />• <br />Attest: ~ ~ <br />City Clerk <br />The motion for the adoption of the foregoing resolution <br />was duly seconded by Member <br />and on vote being <br />• <br />taken thereon, the following Council Members voted in favor: <br />Baldwin, Ciernia, Gehrz and Wallin (Bush-absent) <br />and the following voted against the same: None <br />whereupon said resolution was declared passed and adopted and <br />was signed by the Mayor and his signature attested by the City <br />Clerk. <br />_8_ <br />