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/"\` <br />The tax increments are such that if collected in full <br />• they, together with estimated collections of other revenues <br />herein pledged for the payment of the Bonds, will produce at <br />least five percent in excess of the amount needed to meet when <br />due the principal and interest payments on the Bonds. <br />For the prompt and full payment of the principal and <br />interest on the Bonds, as the same respectively become due, the <br />full faith, credit and taxing powers of the City shall be and <br />are hereby irrevocably pledged. If the balance in the Debt <br />Service Account is ever insufficient to pay all principal and <br />interest then due on the Bonds payable therefrom, the <br />deficiency shall be promptly paid out of any other funds of the <br />City which are available for such purpose, and such other funds <br />may be reimbursed with or without interest from the Debt <br />Service Account when a sufficient balance is available therein. <br />19. The Clerk-Administrator is hereby directed to <br />file a certified copy of this resolution with the County <br />Auditor of Ramsey County, Minnesota, together with such other <br />information as he shall require, and to obtain from the Auditor <br />his certificate that the Bonds have been entered in the <br />Auditor's Bond Register. <br />20. The officers of the City are hereby authorized <br />and directed to prepare and furnish to the Purchaser of the <br />Bonds, and to the attorneys approving the legality of the <br />• issuance thereof, certified copies of all proceedings and <br />records of the City relating to the Bonds and to the financial <br />condition and affairs of the City, and such other affidavits, <br />certificates and information as are required to show the facts <br />relating to the legality and marketability of the Bonds as the <br />same appear from the books and records under their custody and <br />control or as otherwise known to them, and all such certified <br />copies, certificates and affidavits, including any heretofore <br />furnished, shall be deemed representations of the City as to <br />the facts recited therein. <br />21. Notwithstanding any provisions herein to the <br />contrary the City reserves the right to terminate, reduce, or <br />apply to other lawful purposes the tax increments herein <br />pledged to the payment of the Bonds and interest thereon to the <br />extent and in the manner permitted by law. <br />17 <br />