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before October 11, 2006 (30 days after the public hearing regarding the Bonds), the City <br />may issue the Bonds only after obtaining approval of a majority of voters voting on the <br />question at an election. If no timely petition is received, the City Council will meet at <br />5:00 P.M. on Monday, October 23, 2006, to consider proposals on the Bonds and take <br />any other appropriate action with respect to the Bonds. <br />4. The law firm of Kennedy & Graven, Chartered, as bond counsel for the <br />City, is authorized to act as bond counsel and to assist in the preparation and review of <br />necessary documents, certificates and instruments relating to the Bonds. The officers, <br />employees and agents of the City are hereby authorized to assist Kennedy & Graven, <br />Chartered in the preparation of such documents, certificates, and instruments. <br />(The remainder of this page is intentionally left blank) <br />• <br />• <br />