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130021033v1 <br /> <br />3 <br /> <br />1. The Prior Resolution is hereby affirmed and ratified in all respects, and continues <br />to be in full force and effect. <br />2. The authorizations, approvals, directions, and other actions stated by the Prior <br />Resolution apply to the resubmission of an Application for Allocation of Bonding Authority for <br />Residential Rental Projects, and staff and Bond Counsel are directed and approved to take all <br />actions necessary to complete and submit said application to Minnesota Management and Budget <br />for the Project.