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(f) Briggs and Morgan, Professional Association, Bond <br />Counsel, has advised the City and rendered an opinion, attached <br />as Exhibit B hereto, that granting such extension for recording <br />the Declaration will not, by itself, adversely affect the tax <br />exempt status of the Bonds. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the <br />City of Little Canada, Minnesota, as follows: <br />1. Pursuant to Section 3 -1(8) of the Indenture and Section <br />3.01(1) of the Loan Agreement, the City hereby approves the <br />Request for Extension and extends the date prior to which the <br />Declaration must be recorded against the Land on which the Project <br />will be located from July 1, 1986, to no later than December 1, <br />1986. <br />Adopted by the City Council of the City of Little Canada, <br />Minnesota this 25th day of June, 1986. <br />5 <br />