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7. The City Clerk is hereby authorized and directed <br />to file a certified copy of this resolution with the County <br />Auditor of Anoka County, together with such information as he <br />shall require, and to obtain from the County Auditor a certif- <br />icate that the Certificates of Indebtedness have been entered on <br />his bond register and the tax has been levied as required by <br />law. <br />8. The City Clerk -Treasurer shall act as bond regis- <br />trar and shall maintain a complete record of ownership of the <br />Certificates. The City makes no representation that it is expe- <br />rienced in the transfer of ownership of registered securities or <br />that it is aware of or experienced in applicable SEC regulations <br />regarding such transfers. The Purchaser and any assignee of the <br />Certificates shall take the Certificates subject to this condi- <br />tion. <br />Adopted by the City Council this 14 day of December, <br />19 92• <br />Mar y G. Anderson, <br />City Clerk -Treasurer <br />-8- <br />Vernon Reinert, Mayor <br />