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11-25-1981 Council Agenda
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11-25-1981 Council Agenda
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RLH 10/19/81 <br />ARTICLE FIVE <br />MISCELLANEOUS <br />5 -1. Severability. <br />If any provision of this Resolution shall be held or <br />deemed to be or shall, in fact, be inoperative or unenforceable <br />as applied in any particular case in any jurisdiction or <br />jurisdictions or in all jurisdictions or in all cases because <br />it conflicts with any provisions of any constitution or statute <br />or rule or public policy, or for any other reason, such <br />circumstances shall not have the effect of rendering the <br />provision in question inoperative or unenforceable in any other <br />case or circumstance, or of rendering any other provision or <br />provisions herein contained invalid, inoperative, or <br />unenforceable to any extent whatever. The invalidity of any <br />one or more phrases, sentences, clauses or paragraphs in this <br />Resolution contained shall not affect the remaining portions of <br />this Resolution or any part thereof. <br />5 -2. Authentication of Transcript. <br />The officers of the City are directed to furnish to <br />Bond Counsel certified copies of this Resolution and all <br />documents referred to herein, and affidavits or certificates as <br />to all other matters which are reasonably necessary to evidence <br />the validity of the Note. All such certified copies, <br />certificates and affidavits, including any heretofore <br />furnished, shall constitute recitals of the City as to the <br />correctness of all statements contained therein. <br />5 -3. Registration of Resolution. <br />The City Clerk is authorized and directed to cause a <br />copy of this Resolution to be filed with the County Auditor of <br />Ramsey County, and to obtain from said County Auditor a <br />certificate that the Note as a bond of the City has been duly <br />entered upon his bond register. <br />5 -4. Authorization to Execute Agreements. <br />The foams of the proposed Loan Agreement, the <br />Assignment of Loan Agreement, the Disbursing Agreement, the <br />Mortgage and the Assignment of Leases and Rents are hereby <br />approved in substantially the form heretofore presented to the <br />City Council; and the Mayor and Clerk of the City are <br />authorized to execute the Loan Agreement, the Assignment of <br />2a <br />
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