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revenues, other than funds and revenues derived from the Loan Agreement which are to be applied to the <br /> payment of the 2010 Bonds or the Refunding Bonds, as provided therein. <br /> 6. Except as herein otherwise expressly provided, nothing in this resolution or in the <br /> aforementioned documents expressed or implied, is intended or shall be construed to confer upon any <br /> person or firm or corporation, other than the City, any holder of the 2010 Bonds or the Refunding Bonds <br /> issued under the provisions of this resolution, any right, remedy or claim, legal or equitable, under and by <br /> reason of this resolution or any provisions hereof, this resolution, the aforementioned documents, and all <br /> of their provisions being intended to be and being for the sole and exclusive benefit of the City, and any <br /> holder from time to time of the 2010 Bonds or the Refunding Bonds issued under the provisions of this <br /> resolution. <br /> 7. The Borrower shall pay the administrative fee of the City in an on the date of issuance of <br /> the 2010 Bonds. No additional administrative fee will be required in connection with the issuance of the <br /> Refunding Bonds. The Borrower will also pay, or, upon demand, reimburse the City for payment of, any <br /> and all costs incurred by the City in connection with the Project and the issuance of the 2010 Bonds or the <br /> Refunding Bonds, whether or not the 2010 Bonds or the Refunding Bonds are issued, including any costs <br /> for attorneys' fees. <br /> 8. Except as herein otherwise expressly provided, Resolution No. 7672 adopted September <br /> 13, 2010 remains in full force and effect. <br /> Adopted by the City Council of the City of Mounds View, Minnesota, on this 13th day of <br /> December, 2010. <br /> CITY OF MOUNDS VIEW, MINNESOTA <br /> 0 0e, A <br /> J Flahe Ma <br /> Attest: <br /> Jim Ericson, City Administrator <br /> 379376v2 JSB MU210 -192 <br /> 3 <br />