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more than seven business days after the date of such award, it shall provide without cost to the <br />senior managing underwriter of the syndicate to which the Bonds are awarded 105 copies of the <br />Official Statement and the addendum or addenda described above. The City designates the <br />senior managing underwriter of the syndicate to which the Bonds are awarded as its agent for <br />purposes of distributing copies of the Final Official Statement to each Participating Underwriter. <br />Any underwriter delivering a proposal with respect to the Bonds agrees thereby that if its <br />proposal is accepted by the City (i) it shall accept such designation and (ii) it shall enter into a <br />contractual relationship with all Participating Underwriters of the Bonds for purposes of assuring <br />the receipt by each such Participating Underwriter of the Final Official Statement. <br />BY ORDER OF THE CITY COUNCIL <br />/s/ Julie Bartell <br />City Clerk <br />